The Good: Canadian wheat exports in week eight were very strong at 841,800 tonnes which pushed total exports in the crop year to date to 3.15 million tonnes. The wheat export pace is 471,400 tonnes ahead of last year at this time. This is the strongest export wheat export pace since the 3.22 million tonnes […] Read more
Stories by Bruce Burnett - Analysis
Exports off to a slow start after last year’s torrid pace
Canadian grain, oilseed and pulse exports are off to a slow start, but there are some bright spots, according to the Canadian Grain Commission’s most recent weekly export data report.
The Good, Bad & Ugly
The Good: The spring wheat market rallied today with nearby futures rallying by six cents per bushel to close the day at US$5.73 per bushel. The gains today marked the third straight positive session and closed one cent per bushel above the 20-day moving average. Minneapolis futures were supported by a five cent per bushel […] Read more
World oilseed situation remains largely unchanged
A new USDA report contained bad news for Canadian canola, with estimates of high ending stocks and lower exports
The positive news from the recent World Agricultural Supply and Demand Estimates report was that the outlook for the global vegetable oil demand remains strong for the 2025-26 crop year.
Prairie Weather
Radar this morning shows that there is a line of storms pushing across western Saskatchewan. The storms are expected to push northeastward through the day bringing light rains to central and northern growing areas. Rains over the next five days are expected to be mostly less than 2 mm across the south and central growing […] Read more
The Good, Bad & Ugly
The Good: Corn sales during the past week were strong with USDA reporting a total of 1.23 million tonnes during the seven days endiong on September 11. The sales were mostly to Mexico which bought 419,200 tonnes. South Korea and Japan also purchased significant amounts during the week. The sales brought total commitments for U.S. corn […] Read more
Prairie Weather
The radar images from Western Canada indicate that there is minimal storm activity across the Prairie region which will help advance harvest activity today and through the weekend. The exception is the eastern Prairies which are expecting more scattered rains later today. The western Prairies are expected to be dry through the weekend. The dry […] Read more
The Good, Bad & Ugly
The Good: The Bank of Canada and U.S. Federal reserve announced their interest rate policies today. Both central banks settled on a drop of 25 basis points (0.25 per cent). The Bank of Canada started the day off by announcing their 25 basis point cut which brought the rate down to 2.5 per cent. This […] Read more
The Good, Bad & Ugly
The Good: The good news today was in the canola market which saw nearby futures pushing through the 20-day moving average and closing at C$640.80 per tonne. The 20-day average stands at C$637.79 per tonne and marks the second time in the past three trading sessions that canola futures managed to close above the average. This […] Read more
The Good, Bad & Ugly
The Good: The good news today was that spring wheat futures closed the day unchanged. This is the third consecutive day where spring wheat closed the trading session. The good news is that spring wheat appears to be finally forming a bottom. The U.S. spring wheat harvest is 94 per cent complete which is slightly ahead […] Read more
