Winnipeg (MarketsFarm) – Canadian ending stocks of canola and wheat will be larger than earlier thought, according to updated supply/demand tables from Agriculture and Agri-Food Canada released late Sept. 20 Canola ending stocks for 2019/20 were upped to a record 4.500 million tonnes by Agriculture Canada, which compares with the August estimate of 3.775 million […] Read more
Stories by MarketsFarm
Canola deliveries slow down as Canadian harvest drags
Winnipeg (MarketsFarm) – The slow pace of the canola harvest across Western Canada is limiting farmer deliveries into the commercial elevator system, with a large backlog yet to come. Farmers delivered 187,100 tonnes of canola into the commercial pipeline during the week ended Sept. 15, according to the latest Canadian Grain Commission data. That marked […] Read more
Slow harvest progress in Alberta: report
Winnipeg, Sept. 20 (MarketsFarm) – Alberta farmers made some harvest progress during the week ended Sept. 17, but progress remains well behind normal, according to the latest weekly report from the provincial agriculture department. While warm and windy conditions allowed for a resumption of the harvest, the progress was slow with showers limiting activity. The […] Read more
Global wheat production to decrease says USDA
WINNIPEG, (MarketsFarm) – In the latest supply and demand report from United States Department of Agriculture (USDA), the global wheat forecast was revised downward due to difficult weather conditions. The USDA has now projected 765.53 million tonnes of wheat to be produced in 2019/20, according to the department’s World Agriculture Supply and Demand Estimates (WASDE) […] Read more
Western Canadian wheat: Bids get support from U.S. gains
WINNIPEG, (MarketsFarm) – Wheat bids in Western Canada were higher for the week ended Sept. 12. There were gains in Canadian Western Red Spring Wheat (CWRS), Canada Prairie Red Spring (CPRS) and Canadian Western Amber Durum (CWAD) in all locations. The Canadian dollar was up by more than a tenth of a cent, which tempered […] Read more
Statistics Canada forecasts near record corn crop
Winnipeg,(MarketsFarm) – Canada’s corn crop is forecast to be the second largest on record despite a delayed start to spring seeding, as yields showed an improvement from earlier forecasts, according to updated production estimates from Statistics Canada, released Sept. 12. Using a combination of satellite imagery, previous survey data, and agro-climatic data, the latest Statistics […] Read more
U.S. soybean, corn yields down, wheat stays the same
WINNIPEG, (MarketsFarm) – The United States Department of Agriculture (USDA) September supply and demand report saw downward revisions for corn and soybeans, but kept its estimates for wheat where they were in August, The department released its World Agricultural Supply and Demand Estimates (WASDE) on Sept. 12. “Prices rallied after the report came out because […] Read more
Statistics Canada ups crop production estimates
Winnipeg, (MarketsFarm) – Updated model-based production estimates from Statistics Canada released Sept. 12 expect larger yields for most of the major crops grown in the country. While harvest operations are still ongoing, the actual crops may end up larger still. “All of the numbers are bigger, whether it’s durum, spring wheat, canola,” said analyst Mike […] Read more
Cool, wet weather hampers Saskatchewan harvest: report
Winnipeg (MarketsFarm) – Cool and wet weather hampered harvest operations in Saskatchewan during the week ended Sept. 9, according to the latest provincial crop report. The harvest was roughly 18 percent complete by the end of the week. That was up from 11 percent the previous week, but well behind the five-year average of 43 […] Read more
Malt barley quality a question as Canadian harvest drags on
Winnipeg, (MarketsFarm) – The quality of Canada’s 2019/20 barley crop remains to be seen, as cool and wet harvest conditions across much of the Prairies are raising concerns over how much will meet malt specifications. “We’ll lose a lot of malting barley this year, because of the weather,” said Peter Watts, managing director of the […] Read more
