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Crops, Markets

Pulse weekly outlook: AAFC forecasts larger dry pea, lentil crops  

Dry pea prices have seen gains over the week; lentils steady to higher

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Reading Time: 2 minutes Agriculture and Agri-Food Canada forecasted increases in the production of dry peas and lentils for the 2024/25 crop year compared to those in 2023/24. AAFC issued its first supply and demand report for the calendar year on Jan. 22, which included the department’s preliminary estimates for the coming crop year. The data was not based on farmer surveys or satellite models. 
(Lightguard/E+/Getty Images)
Crops, Markets

Early signs point to increased crop production in 2024/25: AAFC

Rotation, moisture, expected prices, costs among main factors expected in seeding decisions

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Reading Time: 2 minutes A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.
(Photo courtesy Canada Beef Inc.)
Crops, Livestock, Markets

More local barley destined for rations, but U.S. corn still moving

Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes

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Reading Time: < 1 minute Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.
Harvested Saskatchewan lentils. (Bobloblaw/iStock/Getty Images)
Crops, Markets

Tight Canadian lentil carryout expected

Tightest lentil stocks since July 2010 forecasted

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Reading Time: < 1 minute Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.
Photo: iStock
Crops, General, Markets

AAFC raises canola, wheat ending stocks forecasts

Pea, barley carryout estimates raised, lentils cut in half

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Reading Time: < 1 minute Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.
Crops, Markets

AAFC tweaks crop supply/demand estimates in November report

Estimates hold for most exports

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Reading Time: 2 minutes MarketsFarm — Agriculture and Agri-Food Canada has slightly adjusted its supply/demand estimates for November. AAFC published its latest Outlook for Principal Field Crops on Tuesday. Of Canada’s major crops, the department left the 2023-24 ending stocks for canola at one million tonnes and all wheat at 3.6 million, while all other reported crops were left […] Read more
(Photo: Dave Bedard/File)
Crops, Markets

Little change in AAFC’s October supply/demand outlook

Canola, wheat, pea carryout estimates unchanged

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Reading Time: 2 minutes MarketsFarm — Supply/demand estimates for Canadian grains and oilseeds saw little change in the latest outlook for principal field crops from Agriculture and Agri-Food Canada (AAFC) released Monday. Canola ending stocks for 2023-24 were left unchanged at one million tonnes, which compares with the 2022-23 level of 1.506 million tonnes. Canadian canola exports in 2023-24 […] Read more
On the morning of Dec. 30, the nearby January canola contract apparently hit a new all-time high. Photo: File
Crops, Markets

Tightening canola stocks projected, AAFC says

Wheat, barley, oat, pea stocks also projected lower

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Reading Time: 2 minutes MarketsFarm –– Canadian canola carryout supplies for the current marketing year will likely end up tighter than earlier expectations, according to updated supply/demand balance sheets from Agriculture and Agri-Food Canada (AAFC) that account for recent production and stocks data from Statistics Canada. Canola ending stocks for 2023-24 are now forecast to tighten to only one […] Read more
File photo of a lentil crop before harvest in Saskatchewan. (Bobloblaw/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: AAFC trims production numbers

Lentil, chickpea prices up after report

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Reading Time: 2 minutes MarketsFarm — Among the many revisions Agriculture and Agri-Food Canada made to its August supply and demand report on Friday were reductions in pulse output for 2023-24. Most of Canada’s pulses are grown on the Prairies, and in particular southern Alberta and western Saskatchewan, which happen to be the driest parts of the region, leading […] Read more

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