Photo: Greg Berg

AAFC raises wheat exports call, tightens carryout

Canadian wheat exports in both the current crop year and the upcoming 2024/25 marketing year will likely end up above earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released June 20, that left the balance sheet for canola relatively unchanged. 

(Dave Bedard photo)

AAFC supply/demand estimates mostly unchanged

Wheat exports up, but domestic usage cut

MarketsFarm –– Supply/demand estimates for Canadian crops were largely left unchanged in Agriculture and Agri-Food Canada’s (AAFC) latest projections, with only the wheat numbers seeing small adjustments in the report released Tuesday. Projected Canadian wheat exports for the 2022-23 marketing year were raised to 24.3 million tonnes, up by 200,000 from the February estimate. Domestic […] Read more


CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat and soy climb, corn sags after USDA data

U.S. dollar's retreat also supportive

Chicago | Reuters — U.S. wheat futures rose more than one per cent on Tuesday after the U.S. Department of Agriculture in a monthly report lowered its forecast of global wheat inventories, analysts said. Corn futures declined on a surprise increase in USDA’s forecast of world corn stocks, while soybean futures firmed after a choppy […] Read more

(File photo courtesy Canola Council of Canada)

USDA adjusts world rapeseed stocks estimates

Canadian carryout pegged above AAFC's estimate

MarketsFarm — World rapeseed ending stocks are forecast to tighten slightly in 2019-20 compared to earlier projections, according to an update from the U.S. Department of Agriculture’s Foreign Agriculture Service. The Oilseeds: World Markets and Trade report pegged world rapeseed carryout for the current marketing year at 6.307 million tonnes, down from the February estimate […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soy climbs on hopes for China buying

Chicago | Reuters — U.S. soybean futures closed higher on Tuesday as traders anticipated potential Chinese purchases of U.S. agricultural products, and shrugged off a bearish monthly global soy inventories report from the U.S. Department of Agriculture. Corn firmed, led by soybeans, but wheat futures fell after USDA raised its forecasts of U.S. and global […] Read more



(Dave Bedard photo)

More canola, wheat acres expected at pulses’ expense

CNS Canada –– Canadian farmers will seed more wheat and canola in 2018 at the expense of pulse crops, according to Agriculture and Agri-Food Canada’s latest supply/demand estimates that include their first projections for the upcoming 2018-19 crop year. Total canola acres in 2018 are forecast at 24 million by the government agency, which would […] Read more