Reading Time: 2 minutes MarketsFarm — For MarketsFarm Pro analyst Mike Jubinville, there was little in the latest Statistics Canada (StatCan) grain stocks report that would budge the markets. “When I look at the run of StatCan reports that we get through the year, whether they’re acreage, production or ending stocks, this report in May is the least important […] Read more

Latest StatCan stocks report ‘least important of them all’
Wheat, canola numbers not expected to have significant impact on markets

Canada’s expected flax area smallest since 1950
Other commodity prices outperforming flax
Reading Time: 2 minutes MarketsFarm — Blue flowery fields of flax will be fewer and farther between in Western Canada, according to Statistics Canada’s (StatCan) first survey-based seeding intentions report for 2023-24. In a report released late last month, StatCan projected only 689,000 acres of flaxseed to be planted this spring, an 11.6 per cent decrease from the year […] Read more

StatCan expects more wheat, canola acres in 2023
Corn, soy, barley acres also expected up
Reading Time: 2 minutes MarketsFarm — Canadian farmers intend to plant more wheat and canola in 2023, with soybeans, corn and barley area also forecast to expand, according to Statistics Canada’s projections for field crop area. The increases in those crops will come at the expense of oats, lentils and peas, with intended summerfallow area down to its smallest […] Read more

Analysts expect additional acres for canola, wheat
StatCan estimates due out Wednesday
Reading Time: 3 minutes MarketsFarm — If traders and analysts are correct with their estimates, there will be slightly more wheat and canola acres seeded in Canada this year compared to 2022. Statistics Canada (StatCan) will release its first survey-based acreage estimates for the 2023-24 marketing year on April 26. Other than drier and cooler conditions in southern Manitoba, […] Read more

Crop insurance considering coverage on intercrops
Intercrop trials continue at Saskatchewan’s South East Research Farm
Reading Time: 5 minutes At South East Research Farm in Redvers, Sask., research manager Lana Shaw is constantly cooking up new intercrop combinations. It’s a matter of great interest to the growing numbers of farmers who have adopted the practice. In 2019 there were about 70,000 intercropped acres documented by Saskatchewan Crop Insurance Corporation (SCIC). In 2021, just 25,000 […] Read more

AAFC revises crop estimates
Export, new-crop production outlooks revised lower for flax
Reading Time: < 1 minute MarketsFarm — Agriculture and Agri-Food Canada (AAFC) on Friday released its February supply and demand estimates with numerous small changes. AAFC held its projections for 2022-23 grains and oilseeds production at 89.489 million tonnes. As for exports, the department reduced them from 45.715 million tonnes last month to now 45.49 million. Furthermore, domestic usage was […] Read more

Price drop not enough to lift demand for Canadian flax
Russia, Kazakhstan competitive in export markets
Reading Time: 2 minutes MarketsFarm — While flax prices in Western Canada have fallen by at least half from what they were one year ago, they are still too high to be competitive on a global level, according to one flax processor. Mike Popowich, owner and vice-president of TA Foods Ltd. at Yorkton, Sask., said demand for the crop […] Read more

Saskatchewan is now flax central
SaskFlax and the Flax Council have joined to provide agronomic support and address issues such as market access
Reading Time: 4 minutes It’s been getting tougher for photographers to capture that iconic shot of adjoining fields of blooming flax and canola. There’s no shortage of yellow flowers, but Prairie flax area, recently averaging about 900,000 acres, is less than half of its heyday in the 1970s and 1980s. Last year’s area dropped even further to 775,000 acres, […] Read more

Flax Council of Canada seeks new chief
Wayne Thompson moving to WGRF
Reading Time: 2 minutes Canada’s national market development organization for flax and flax products is officially in the market for a chief executive. The Flax Council of Canada said Tuesday its search for a new president is underway, after Wayne Thompson announced in August he has left the position to become executive director of the Western Grains Research Foundation […] Read more

SaskCanola, SaskFlax merge offices, management
Groups will maintain separate governing boards, levies
Reading Time: 2 minutes Sasskatchewan’s canola and flax development commissions are consolidating their management, staff and office space under one roof. SaskCanola and SaskFlax said Wednesday their new “management collaboration” will translate to efficiencies for both commissions with “a full staff complement to support both boards.” Both organizations will now operate out of the current SaskCanola office at Innovation […] Read more