Reading Time: 2 minutes MarketsFarm — Cereal and oilseed exports out of Canada nosedived in August just as the 2021-22 marketing began, according to the monthly export report from the Canadian Grain Commission (CGC). At about 2.24 million tonnes, total grain exports were down 38.5 per cent overall compared to those in August 2020. “There’s very little to sell. […] Read more
Exports tumble as supplies simply not there
'There's very little to sell'
Canada’s drought forces canola importers to turn elsewhere
'Importers...are going to be left out in the cold'
Reading Time: 2 minutes Winnipeg | Reuters — Canada’s smallest canola harvest in 13 years, resulting from severe drought, is forcing importers like Japan and Mexico to pay more or scour other countries for the yellow-flowering oilseed. With the scant available Canadian canola fetching high prices, customers of the world’s biggest canola exporter are leaning more heavily on smaller-producing […] Read more
Canola exports down 72 per cent through eight weeks
Reading Time: < 1 minute MarketsFarm — Canadian canola and wheat exports continue to run well behind the year-ago pace, with movement of all crops down 34 per cent through the first eight weeks of the 2021-22 crop year. Total exports of all of the major grains, oilseeds and pulses as of Sunday, at 4.714 million tonnes, are down by […] Read more
ICE weekly outlook: Analyst sees canola spike late next month
Movement expected to roll out of November soon
Reading Time: < 1 minute MarketsFarm — As the canola harvest winds down on the Prairies, ICE Futures canola began to climb upward in approaching $900 per tonne, the upper limit of its range. That’s given Winnipeg-based analyst Wayne Palmer of Exceed Grain reason to believe canola will bust through $900 per tonne. “That’s all due to the drought and […] Read more
AAFC lowers ending stocks estimates on crops
Reading Time: 2 minutes MarketsFarm — Canadian producers will see much tighter grain and oilseed stocks at the end of the current 2021-22 marketing year than what was expected last month, while those for pulse and special crops remain mostly steady. Agriculture and Agri-Food Canada’s (AAFC) September supply/demand estimates, released Friday, project 2021-22 ending stocks for all principal field […] Read more
Huawei executive, U.S. reach deal to dismiss charges
Meng Wanzhou would be allowed to leave Canada
Reading Time: 3 minutes Updated, Sept. 24 — Reuters — Huawei chief financial officer Meng Wanzhou has reached an agreement with U.S. prosecutors to end the bank fraud case against her, U.S. prosecutors said on Friday, a move that should allow her to leave Canada and relieve a point of tension between China and the United States. Meng was […] Read more
Four canola seed considerations for 2022
The best cultivar is usually the one with a risk-and-reward combination that suits the situation in each farm and field
Reading Time: 4 minutes Canola growers are always looking for ways to improve yields and profitability, and that may be especially true after 2021. While drought tolerance and enhanced water-use efficiency are not available traits at this time, growers do have a few options available that could somewhat reduce production risks in 2022. Days to maturity Canola growers could […] Read more
ICE weekly outlook: Canola waiting on fresh news
Reading Time: < 1 minute MarketsFarm — The ICE Futures canola market held rangebound during the week ended Wednesday, looking for some direction. “None of these markets are flashing any strong signals that there’s much going on… they’re waiting for fresh news and there isn’t much around right now,” said Ken Ball of PI Financial in Winnipeg. While uncertainty over […] Read more
BASF warns on seeding choices for drought-hit imi-treated fields
Steer clear of non-Clearfield canola, durum, canary seed in rotations, company says
Reading Time: 5 minutes Updated, Sept. 22 — The maker of Odyssey, Solo and Viper is warning grain growers whose fields were excessively dry in 2021 that those herbicides may not break down soon enough in those soils to allow certain seeding choices in 2022. BASF Canada on Monday issued an “urgent notice to growers” in which the company […] Read more
Grain exports running well behind year-ago pace
Prices, low stocks keep lid on demand
Reading Time: < 1 minute MarketsFarm — Canadian grain exports are running well behind the year-ago pace through the first few weeks of the 2021-22 marketing year, as smaller supplies and high prices limit offshore demand. Total exports of all of the major grains, oilseeds and pulses as of Sept. 12 of 3.162 million tonnes are down by about 2.1 […] Read more
A message from April Stewart, Country Guide's Associate Editor
