MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in Canada and Australia. According to the first outlook for the marketing year from the U.S. Department of Agriculture, total world wheat production for 2021-22 is […] Read more
USDA expects record world wheat crop in 2021-22
Canada left with very tight canola, barley stocks
'You can't find canola anywhere in the country'
MarketsFarm — Statistics Canada’s grain stocks report leaves no question that canola stocks have been tight for some time in Canada and will continue to be unless demand is slashed, according to independent trader Jerry Klassen in Winnipeg. “You can’t find canola anywhere in the country and the stocks that are out there, a lot […] Read more
StatsCan confirms canola stocks tightening
Wheat stocks also down from previous year-end
MarketsFarm — Solid demand from exporters and domestic crushers continues to eat rapidly through Canada’s canola stocks, which as of Dec. 31 were down nearly 24 per cent from the same date a year earlier, according to new data released Friday from Statistics Canada. The government agency pegged total canola stocks in the country as […] Read more
IGC calls for more wheat despite lowering global forecast
MarketsFarm — At close to 1.03 billion tonnes, there’s going to be more wheat in the world in 2019-20 than in the previous marketing year, according to the latest outlook from the International Grains Council (IGC). The London-based organization released its report on Jan. 23, in which it revised its previous forecast — but with […] Read more
Canadian canola deliveries hit weekly record
MarketsFarm — Canadian farmers made record deliveries of canola into the commercial pipeline during the second week of October, according to the latest Canadian Grain Commission data. Wet weather, including heavy snow in some regions, continued to keep farmers off of their fields across much of Western Canada, but producers were actively delivering canola and […] Read more
Visible Canadian canola stocks back above one million tonnes
MarketsFarm — Solid deliveries into the commercial pipeline and lacklustre export movement saw visible Canadian canola supplies climb back above one million tonnes during the week ended June 9, according to the latest grain handling report from the Canadian Grain Commission. Farmers delivered 422,500 tonnes of canola during week 45 of the 2018-19 crop year […] Read more
USDA sees U.S. corn, soy, wheat supplies falling in 2018-19
Washington | Reuters — U.S. soybean supplies are seen falling in the upcoming marketing year as domestic usage and exports are expected to remain strong even as production eases, the U.S. Agriculture Department said on Thursday. Domestic corn and wheat stocks are also expected to drop due to smaller harvests, according to the government’s monthly […] Read more
California rules led to near 25 per cent cut in water use
Sacramento | Reuters –– Residents and businesses in drought-stricken California cut back water use by nearly 25 per cent from June 2015 through the end of February 2016 — enough to supply nearly six million people for a year, officials said Monday. The state’s first ever mandatory cutbacks in water use were imposed by Democratic […] Read more
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