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CBOT December 2023 oats with cash contract price overlay (brown line). (Barchart)
Crops, Markets, Oats

Oat cash prices don’t immediately follow CBOT movement

One trader can push market around, trader says

By
Reading Time: 2 minutes MarketsFarm — While oats on the Chicago Board of Trade rallied recently, upward movement in cash prices was varied. Even as that rally came to its eventual end, cash prices on the Canadian Prairies did not budge a great deal. Over nine consecutive sessions, the December oat contract at Chicago pushed higher by 29.5 U.S. […] Read more
(Dave Bedard photo)
Cereals, Crops

U.S. wheat, barley production increases in 2023

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Reading Time: 2 minutes MarketsFarm — The U.S. Department of Agriculture issued its small grains 2023 summary on Friday, showing a 10 per cent increase in all wheat production in 2023 of 1.81 billion bushels. While oat production dipped one per cent at 57 million bushels, barley output rose six per cent at 185 million. U.S. wheat in 2023 […] Read more
(Brett Holmes Photography/iStock/Getty Images)
Crops, Markets

Few surprises in StatCan report, analyst says

Downward revision on canola among those few

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Reading Time: 2 minutes MarketsFarm PRO analyst Mike Jubinville said Statistics Canada’s principal field crop production report, released Thursday, did not contain too many surprises. The agency’s previous report on Aug. 29 already provided insight as to what production numbers were going to be, he said, but still warned the model-based projections in the latest report will not be […] Read more
(File photo by Dave Bedard)
Crops, Markets, Weather

Canada bumps up wheat harvest view, trims canola estimate

StatCan releases yield outlook as of Aug. 31

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Reading Time: 2 minutes Winnipeg | Reuters — Canadian farmers will harvest slightly more wheat and a bit less canola than expected earlier in summer, but dry conditions will keep both crops small, a government report showed on Thursday. Farms in North and South America, Europe and Australia are facing crop losses as extreme weather spreads over an unusually […] Read more
Oats. (Greg Berg photo)
Crops, Markets, Oats

StatCan expected to raise estimate for oats production

Ending stocks estimate 'probably fairly accurate'

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Reading Time: < 1 minute MarketsFarm — Ahead of the model-based Statistics Canada production report due out on Thursday, Scott Shiels of Grain Millers Canada in Yorkton, Sask. said it’s likely the agency’s numbers for oats will increase. StatCan issued its first model-based production report for 2023-24 on Aug. 29, which placed the country’s oats at about 2.429 million tonnes. […] Read more
File photo of a federal office building in downtown Winnipeg. (Dave Bedard photo)
Crops, Markets

Canada’s canola carryout up on year, wheat down slightly

Barley, oats, peas also up on year

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Reading Time: 2 minutes MarketsFarm — Canadian canola ending stocks edged higher in 2022-23, while wheat carryout was slightly lower, according to the latest stocks data from Statistics Canada, released Friday. Barley, oats and peas also saw increases on the year, while lentil supplies tightened. Total wheat stocks as of July 31, at 3.58 million tonnes were down by […] Read more
(File photo by Dave Bedard)
Crops, Markets, Reuters

Canada to harvest less wheat than expected due to drought

Canola, barley, oats output also projected lower

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Reading Time: 2 minutes Winnipeg | Reuters — Canadian farmers will harvest less wheat than expected after dry conditions in parts of the Prairie provinces shrunk yields, a government report showed on Tuesday. Drought is expected to send global wheat stockpiles for major exporters to the lowest levels in more than a decade, a Reuters analysis has shown. Canada […] Read more
(Viterra.ca)
Crops, Markets

Increases seen in most July grain deliveries

Oats deliveries more than double, canola near double

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Reading Time: < 1 minute MarketsFarm — Most July deliveries of major grains in the country were higher than those from the same period a year ago, Statistics Canada reported Thursday. Total grain deliveries this past month tallied 4.056 million tonnes for a jump of 43.8 per cent over the previous July. All wheat came in at 2.186 million tonnes, […] Read more
Photo: Greg Berg
Canola, Cereals, Crops, Markets, Pulses

AAFC lowers Canadian wheat ending stocks estimates

Drop in estimated oats carryout another notable adjustment

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Reading Time: < 1 minute  MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released July 21, with tighter oats and pulse stocks also expected.  Wheat ending stocks for 2022/23 were lowered to 3.540 million tonnes by AAFC, […] Read more
Wheat in progress west of Pathlow, Sask. on Aug. 1, 2022. (Dave Bedard photo)
Crops, Markets

Canadian canola, wheat area up on the year: StatCan

More soybean, corn acres also estimated

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Reading Time: 2 minutes MarketsFarm — Canadian farmers planted more canola than earlier intentions, according to updated acreage estimates from Statistics Canada released Wednesday. Meanwhile, wheat plantings hit their highest level in more than two decades. Total canola plantings were estimated at 22.1 million acres by the government agency, which compares with the 21.6 million expected in April and […] Read more

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