Reading Time: 2 minutes Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in a diplomatic and trade dispute […] Read more
Canadian farmers to reduce canola plantings by seven per cent
Tighter StatsCan canola crop won’t affect market, analysts say
Reading Time: 2 minutes CNS Canada — Canada’s canola production has been revised lower in the latest data from Statistics Canada’s Production of Principal Field Crops report, issued Thursday. However, two observers agree the final numbers won’t have much effect on markets. “It’s not a report that’s going to allow canola to trade tremendously strong. It might trade a […] Read more
December StatsCan report could vary from years past
Reading Time: 2 minutes CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken […] Read more
Trends stand out in StatsCan crop data: report
Reading Time: 2 minutes CNS Canada — Second-guessing Statistics Canada’s crop information may be a time-honoured tradition across the Prairies, but there are trends in the data that stand out, according to a recent report from the government agency. Looking at data over the past decade, total seeded canola acres were revised higher in the June survey compared to […] Read more
Canola, wheat crop size hiked in StatsCan’s view from space
Reading Time: 2 minutes CNS Canada — Statistics Canada raised its production estimates for most crops across Western Canada in its latest report released Wednesday. Unlike traditional StatsCan reports using information gathered from phone surveys, the model-based report was based in part on coarse-resolution satellite imagery collected during the month of August. The model-based report has only been in […] Read more
Smaller Manitoba soybean crop expected
Reading Time: 2 minutes CNS Canada — Like most crops grown this year, Manitoba’s soybean yields were also highly variable in 2018. While early reports point to smaller production overall, lower-than-average yields won’t translate to higher prices, given prospects for a large U.S. crop. Manitoba soybean yields are “anywhere from 20 to 50” bushels per acre, said Mark Jorgenson […] Read more
Large Canadian canola ending stocks expected
Reading Time: 2 minutes CNS Canada — Canada’s canola ending stocks as of July 31 came in at about a million tonnes above the previous year’s carryout — but were still well within trade expectations. Canola supplies as of July 31 were estimated at 2.391 million tonnes by Statistics Canada on Thursday, with 954,000 tonnes of that in commercial […] Read more
ICE weekly outlook: Yields still up in the air
Reading Time: 2 minutes CNS Canada — ICE Futures canola contracts recovered off of nearby lows over the week ended Wednesday, but failed to rise to the same extent as the product values as the commodity remains expensive compared to other oilseeds. With the harvest underway across the Prairies, traders are focused on yield estimates and the size of […] Read more
U.S. grains: Corn, soy rise on short-covering
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Friday as traders covered short positions ahead of a long holiday weekend, but both commodities posted monthly declines as prospects for large U.S. harvests weighed on prices. Wheat climbed on technical buying, along with worries about tightening global supplies. Chicago Board of Trade December […] Read more
Questions remain over heat’s impact on 2018 yields
Reading Time: 2 minutes CNS Canada — Harvest came early for some crops in Western Canada this year. A few canola crops in Manitoba are already in the bin as warm temperatures and a lack of rain helped growers hit the fields quicker than other years. However, a hot and mostly dry summer on the Prairies has left many […] Read more
A message from April Stewart, Country Guide's Associate Editor
