Reading Time: < 1 minute Bruce McFadden has seen the future — and it looks congested. While Ottawa’s grain-movement edicts have captured headlines, the director of research for Quorum Corp., the federal grain monitor, has been looking at numbers. Big ones. Stats Canada initially estimated Western Canada’s 2014 harvest at 57 million tonnes, which when combined with carry-over, meant a […] Read more
Big crops causing big headaches
Upward revisions expected in StatsCan report
CNS Canada –– Canada’s major agricultural crops likely yielded a bit better than earlier estimates, and most industry participants anticipate Statistics Canada’s production numbers will be revised higher in a report due out Thursday. However, the extent of those adjustments could be limited. “The (production) numbers will probably go up for all commodities… wheat, durum, […] Read more
The ‘new’ wore off of ‘normal’ pretty quickly
The grain industry may have gotten a little too optimistic after last year’s whopper of a crop
Reading Time: 3 minutes It’s easy to get a little giddy when things go much better than expected. For example, take last year’s bin buster of a crop. By any measure, it was an astounding production feat. Western Canadian farmers shattered all previous records on most major crops, growing a whopping 76 million tonnes, 50 per cent higher than […] Read more
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