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Tag Archives Statistics Canada

Emergence in an Ontario soybean field. (File photo by John Greig)
Crops, Soybeans

Uncertainty could bring changes to soybean acres

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Reading Time: 2 minutes MarketsFarm — At this time soybean acres in Canada have been projected to be down this year for a few reasons — not only because of trade issues with China, but also due to back-to-back dry years and declining prices. Statistics Canada’s 2019-20 principal field crop acreage report, released April 24, estimated 5.65 million acres […] Read more
CBOT July 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy drop to multimonth lows

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Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to their lowest level in seven months on Wednesday and spot soybean futures hit a 5-1/2-month low on ample global supplies and dimming prospects for U.S. export business, analysts said. Wheat also declined, with Chicago Board of Trade futures hitting a one-month low while K.C. and Minneapolis […] Read more
(Queserasera99/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Fababean acres set to increase

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Reading Time: < 1 minute MarketsFarm — Unpredictable weather overseas resulted in robust fababean prices during 2018’s harvest, and Canadian producers expect these prices to hold throughout the 2019 growing season. “For the growers that managed to get fababeans off their field, I think they were probably quite happy with the markets in 2018,” said Leanne Fischbuch, president of Alberta […] Read more
ICE July 2019 canola (candlesticks) with CBOT July 2019 soybeans (green) and 20-day moving average (yellow). (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola sideways, waiting for news

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Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday, but remain stuck in a sideways trading range overall waiting for some fresh market-moving news. “April is usually the quietest month of the year for us,” said Ken Ball of PI Financial in Winnipeg. In addition to large world oilseed supplies overhanging […] Read more
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Canola, Crops, Markets

Monthly Canadian canola crush well below average

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Reading Time: < 1 minute MarketsFarm — Canada’s monthly canola crush hit its lowest level in 1-1/2 years in February, according to the latest crushing data from Statistics Canada. The agency reported that 635,526 tonnes of canola were crushed in February 2019. That was down by nearly 200,000 tonnes from the January level and compares with the monthly average over […] Read more
(Photo courtesy Canaryseed Development Commission of Saskatchewan)
Crops, Markets

Canary seed holds steady despite food adoption hopes

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Reading Time: 2 minutes MarketsFarm — Expectations for canary seed to break beyond birdseed into the food market haven’t yet translated to substantially higher prices for the crop. Canary seed was designated safe for human consumption in 2016, after which Saskatchewan’s then-agriculture minister Lyle Stewart predicted acreage dedicated to the crop would increase as it was incorporated into more […] Read more

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