Canola dips ahead of USDA report

Winnipeg – Canola contracts on the ICE Futures platform suffered modest losses to end the week, as traders prepared for next week’s USDA supply and demand report. There are ideas soybean stocks could rise in the report, which would be bearish for canola and other oilseeds. Some traders were also squaring positions ahead of the […] Read more

Drought cuts into Australian chickpea prospects

CNS Canada) – Expectations for Australia’s chickpea crop have been drastically cut to one-third of last year’s production. The dry growing season will limit the crop’s potential this year to about 300,000 tonnes, according to a report from Pulse Australia. Nick Goddard, chief executive officer of Pulse Australia, told a local news outlet that important […] Read more

Most Sask crops in fair-to-excellent condition

WINNIPEG (CNS Canada) – Crops in Saskatchewan are continuing to develop fast with some areas still in need of moisture, according to the latest crop report from the Saskatchewan Ministry of Agriculture released July 26. Many pulse crops and winter cereals in drier areas are rapidly drying down, with producers having begun desiccation treatments. Some […] Read more

This field of dryland canola near Turin, Alta., is showing signs of heat blast.  |  Barb Glen photo

Ag Canada raises canola carryout forecast

Winnipeg – Canadian canola carryout supplies for the upcoming 2018/19 (Aug/Jul) marketing year will be larger than earlier thought, according to updated supply/demand tables from Agriculture and Agri-Food Canada, released on July 19, 2018. Agriculture Canada’s market analysis branch forecast canola ending stocks on July 31, 2019, at 2.250 million tonnes, which would be up […] Read more

Grain movement up slightly for Prairies.  |  File photo

Grain railcar deliveries up slightly

Winnipeg, March 10 – Grain hopper car deliveries in Canada were up slightly in the week ended February 14, according to the latest update from the Ag Transport Coalition. However, both CN and CP continue to fall behind in meeting the weekly demand. Canadian National (CN) supplied 3,753 hopper cars and Canadian Pacific (CP) supplied […] Read more

Return to “normal” ice conditions expected for great lakes

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 3 – After record ice levels kept shipping lanes on the Great Lakes closed longer than normal during the 2013-14 winter, a return to more normal ice conditions is in the forecast for 2014-15, according to data compiled by the North American Ice Service and released […] Read more

Upward Revisions Anticipated In StatsCan Production Report

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 2 – 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 out Dec. 4. However, the extent of those adjustments could be limited. “The (production) numbers will […] Read more