Reading Time: 2 minutes CNS Canada –– Canadian farmers intend to seed a bit more wheat and a bit less canola this spring compared to a year ago, according to the first survey estimates from Statistics Canada. However, adjustments are likely in subsequent reports, while weather over the growing season will become more important in determining actual production. “There’s […] Read more
Canola down, wheat up in StatsCan’s first acreage estimates
Canada’s large canola stocks top expectations
Reading Time: 2 minutes CNS Canada — Releasing its Canadian year-end stocks estimates, Statistics Canada painted a picture Tuesday that’s mostly bearish for canola. StatsCan’s figure for canola stocks as of Dec. 31, at 11.103 million tonnes, was at the high end of expectations, surpassing what some market watchers anticipated. “I’m not sure if that means that StatsCan’s production number […] Read more
Larger Canadian wheat, canola crops beat expectations
Reading Time: 2 minutes CNS Canada — Canada’s 2014-15 wheat and canola crops both ended up considerably larger than early guesses, according to updated production estimates released Thursday by Statistics Canada. Production, however, was still well below the record levels seen the previous year. After the canola crop was pegged at 14.08 million tonnes in StatsCan’s October report, average […] Read more
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