Reading Time: 2 minutes CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more
StatsCan’s canola estimates taken with grain of salt
Globalized economy seen more susceptible to weather extremes
Reading Time: 3 minutes Barcelona | Thomson Reuters Foundation — The globalization of the world’s economy this century has made it far more vulnerable to the impacts of extreme weather, including heat stress on workers, scientists said Friday. A study by the Potsdam Institute for Climate Impact Research and Columbia University showed production losses caused by high temperatures, predicted […] Read more
Wild bees seen dwindling in main U.S. crop regions
Reading Time: 2 minutes Washington | Reuters — Wild bees, crucial pollinators for many crops, are on the decline in some of the main agricultural regions of the U.S., according to scientists who produced the first national map of bee populations and identified numerous trouble spots. The researchers on Monday cited 139 counties as especially worrisome, with wild bee […] Read more
Huge Canadian canola crop beats expectations
Reading Time: 2 minutes CNS Canada — An upward revision to Canada’s 2015-16 canola crop was widely anticipated in the industry, but Statistics Canada’s latest survey results have surpassed even the most optimistic forecasts — and will lead to major adjustments in the country’s supply/demand balance sheet. StatsCan on Friday pegged the year’s canola production at 17.2 million tonnes, […] Read more
Bigger crops anticipated ahead of StatsCan report
Reading Time: 2 minutes CNS Canada –– Canada’s harvest ended up better than expected in 2015-16, with upward revisions expected for the country’s wheat and canola production when Statistics Canada releases its latest survey data Friday. “It turns out that the crop didn’t suffer as much in Alberta and Saskatchewan,” said Jerry Klassen, manager of the Canadian office for […] Read more
Russia defends crop data reliability
Reading Time: < 1 minute Moscow | Reuters –– Russia’s agriculture ministry defended the reliability of its crop data on Thursday, after a farmers’ lobby said regional officials were pressuring farmers to report bigger grain crops to the ministry than they actually harvested this year. The ministry said its numbers, compiled by its regional departments which send “operational information” to […] Read more
Trade expects mostly smaller crops in StatsCan report
Reading Time: 3 minutes CNS Canada –– Statistics Canada will release its first survey-based Canadian crop production estimates for 2015-16 on Friday, and figures for most major crops are expected to be down compared to last year. Yields are likely to be all over the map as weather conditions varied vastly from region to region during the growing season. […] Read more
In control… ahead of the market
These farm planning strategies can elevate soybean returns, even in a volatile year
Reading Time: 12 minutes In business circles, there’s the five-year plan, the two-year plan and even the one-year and the six-month plan, each with its own sub-plans loaded with hard production and financial targets. They’re a fact of life, and they are crucial management tools. Just ask any manufacturer, or the owner of any store that turns the kinds […] Read more
A message from April Stewart, Country Guide's Associate Editor
