Reading Time: < 1 minute MarketsFarm — Canadian pea and lentil exports should see considerable increases during the 2022-23 marketing year after drought cut into available supplies in 2021-22, according to the latest supply/demand production from Agriculture and Agri-Food Canada (AAFC). However, total movement may still come in well below five-year averages. Canadian pea exports are forecast at 2.7 million […] Read more
Pulse weekly outlook: Canada’s pea, lentil exports to rise while prices fall
StatCan’s canola call in line with expectations
Agency also boosts wheat projection
Reading Time: 2 minutes MarketsFarm — While Statistics Canada (StatCan) cut its projection for canola production in 2022-23 by 400,000 tonnes, FarmLink Marketing Solutions senior analyst Neil Townsend said the number could go lower. StatCan on Wednesday issued its latest production estimates and lowered its call on canola from the 19.5 million tonnes forecast in its Aug. 29 report […] Read more
Canadian crop production bounces back, StatCan reports
Wheat at higher end of trade projections
Reading Time: 3 minutes MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that this year’s crop production would […] Read more
Larger U.S. barley crop expected in 2022
Reading Time: < 1 minute MarketsFarm — Barley production in the U.S. is forecast to be up substantially in 2022, with early indications pointing to the largest crop in seven years. In its latest production estimates, the U.S. Department of Agriculture forecast the country’s 2022 barley crop at 3.8 million tonnes, which would be up from the 2.6 million tonnes […] Read more
Larger spring wheat crop expected in U.S.
USDA expects reduced total worldwide wheat crop
Reading Time: 2 minutes MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more
AAFC ups wheat production, usage numbers; stocks steady
Reading Time: 2 minutes MarketsFarm — Projected ending stocks of Canada’s major crops were left relatively unchanged in the latest supply/demand estimates from Agriculture and Agri-Food Canada, released Monday, although there were some revisions to the wheat production and usage numbers. The government agency raised its forecast for total Canadian wheat production in 2022-23 to 33.092 million tonnes, up […] Read more
Pulse weekly outlook: AAFC projects normal yields, increased pulse production
Reading Time: 2 minutes MarketsFarm — A return to yields closer to long-range averages will result in greater production for most pulse crops in 2022-23, according to Agriculture and Agri-Food Canada’s monthly outlook for principal field crops released last Friday. Many of the projections are based on the assumption that normal weather conditions will return to most of the […] Read more
Global production declines expected for wheat, corn
IGC expects world soybean output to increase
Reading Time: 2 minutes MarketsFarm — In its May supply and demand report, the International Grain Council (IGC) has forecast lower global production of wheat and corn in 2022-23, while soybeans are expected to rise. The IGC, in its latest report Thursday, lowered its call on total world grain production to 2.251 billion tonnes. That’s down by a little […] Read more
Heat wave threatens India’s wheat output, export plans
Thin supplies, rising prices indicate lower output
Reading Time: 3 minutes New Delhi | Reuters — India’s wheat output looks likely to fall in 2022 after five consecutive years of record harvests, as a sharp, sudden rise in temperatures in mid-March cut crop yields in the world’s second-biggest producer of the grain. The drop could curb Indian exports of the staple. Cashing in on a rally […] Read more
USDA attache predicts large 2022-23 grain crops for Canada
Reading Time: 2 minutes MarketsFarm — Canada is expected to see a 30 per cent increase in grain production in 2022-23, according to estimates from the U.S. Department of Agriculture’s Foreign Agricultural Service post in Ottawa. Expectations for improved yields for Prairie grain crops after the 2021-22 drought accounted for much of the projected increase, although USDA also cautioned […] Read more
A message from April Stewart, Country Guide's Associate Editor
