Reading Time: 2 minutes CNS Canada — Canadian canola stocks are rather large heading into the new growing season, but attention now is firmly on new-crop production. Statistics Canada on Friday pegged canola supplies in the country as of March 31 at 9.1 million tonnes, the second-largest on record for that time of year and about 1.1 million tonnes […] Read more

Canola stocks comfortable, eyes on new crop

Manitoba soybean acreage predictions mixed
Reading Time: 2 minutes CNS Canada — While some in the soybean sector think Statistics Canada is right about its predictions for a decline in Manitoba acres, others think plantings should still end up close to the record in 2017. Statistics Canada is predicting soybean acres in Manitoba to drop to 1.96 million from 2.29 million, according to its […] Read more

ICE weekly outlook: Canola waits on stocks data
Reading Time: 2 minutes CNS Canada — ICE Futures Canada canola contracts continue to chop around within a fairly tight range, but that could all change in the next few days as stocks data for North American oilseeds are due to be released. The U.S. Department of Agriculture is set to release its May supply and demand report on […] Read more

Pulse weekly outlook: Sector hopes for more fababeans
Reading Time: 2 minutes CNS Canada — While Statistics Canada is predicting a drop in fababean acres this year, an agronomist with Saskatchewan Pulse Growers hopes that isn’t the case. “We had about 50,000 acres for the last three years here in Saskatchewan. And we’re thinking that we’ll be maybe slightly below that,” said SPG agronomy manager Sherrilyn Phelps. […] Read more

Feed weekly outlook: For barley acres, seeding delays will tell tale
Reading Time: 2 minutes CNS Canada — After a slight delay to the start of seeding in southern Alberta, producers are out in the fields and it doesn’t yet look like they have seeded more shorter-season acres, such as in feed barley. “Southern Alberta is a little bit later than normal (for starting seeding). But most areas, they’re kind […] Read more

ICE weekly outlook: Canola ‘stuck in neutral’
Reading Time: < 1 minute CNS Canada — ICE Futures Canada canola contracts are lacking any clear direction at the beginning of May, and may stay rangebound through the seeding period. “Canola is stuck in neutral,” said Wayne Palmer, senior market analyst with Agri-Trend Marketing. “We’re at that stage where it’s rangebound, waiting for news, and watching the weather across […] Read more

Pulse weekly outlook: Saskatchewan acreage ideas hold firm
Reading Time: 2 minutes CNS Canada — Disruptions in marketing to India may have cut into prices for peas and lentils over the past year, but farmers in Saskatchewan did not shift their pulse acreage intentions for 2018 all that much according to the results of Statistics Canada’s latest survey, released Friday. Saskatchewan farmers intend to seed 2.171 million […] Read more

Grain trade skeptical of StatsCan’s acreage outlook
Reading Time: 3 minutes CNS Canada — After predictions of record canola area and a drop in pulse acres, traders and analysts are doubtful of Statistics Canada’s predictions for smaller canola acres, much larger wheat acres and only minor reductions in pulse acres. “It’s unusual for everybody to just be this out of whack on this report,” said Ken […] Read more

Extended winter could lead to more Prairie oat acres
Reading Time: 2 minutes CNS Canada — With winter still hanging on across Western Canada, one buyer thinks it could lead to an uptick in oat acres. “Later seeding generally increases oat acres. We’d rather see them seeded earlier but farmers have had a tendency when things get late (to) throw some more acres into oats,” said Scott Shiels […] Read more

Producers lose transparency with end of weekly crush report
Reading Time: 2 minutes CNS Canada — Canada’s grains industry found itself shocked when the Canadian Oilseed Processors Association (COPA) announced Friday it would stop publishing its weekly report on member crushings. “I loved that report. In Western Canada, or Canada in general, I think any reports that give you kind of a weekly snapshot of what’s happening in […] Read more