(Dave Bedard photo)

AAFC raises 2019-20 canola, wheat ending stocks

Reading Time: < 1 minute MarketsFarm — Canadian ending stocks of canola and wheat will be larger than earlier thought, according to updated supply/demand tables Agriculture and Agri-Food Canada released late Friday. AAFC raised its canola ending stocks estimate for 2019-20 to a record 4.5 million tonnes, up from the August estimate of 3.775 million and the upwardly-revised 2018-19 level […] Read more

(ShaunL/iStock/Getty Images)

Oats market solid, watching weather

Reading Time: 2 minutes MarketsFarm — Tight old-crop supplies are keeping oats prices well supported in Western Canada, although buyers are covered for the time being and waiting for a clearer picture on new-crop production. “It’s tough to find old-crop demand currently, as many larger-scale end-users are covered,” said Ryan McKnight of Linear Grain at Carman, Man. Most buyers […] Read more


ICE January 2019 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola steady heading into 2019

Reading Time: < 1 minute CNS Canada –– ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, and should be expected to remain steady heading into the New Year barring outside political developments. “We’re in a doldrums environment,” said Mike Jubinville of ProFarmer Canada in Winnipeg. “The supply/demand fundamentals suggest this market is reasonably well supplied, with […] Read more

(Photo courtesy United Soybean Board)

U.S. grains: Soybeans to one-month low on technicals, trade worries

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell to their lowest level in a month on Friday on a mix of technical selling ahead of the weekend and uncertainty about how trade disputes would affect exports, analysts said. Wheat and corn also fell, pressured by long liquidation and bearish data in Thursday’s supply/demand reports from […] Read more


Luc Jobin. (CN.ca)

CN CEO Luc Jobin steps down abruptly

Reading Time: 2 minutes Reuters — Canadian National Railway (CN) CEO Luc Jobin stepped down abruptly on Monday, as the board looks to “energize” the railroad’s leadership amid a major supply crunch that has hurt profits and angered customers. “The board believes the company needs a leader who will energize the team, realize CN’s corporate vision and take the […] Read more

My crystal ball shows risk in expecting higher food prices

My crystal ball shows risk in expecting higher food prices

The world will need more food but unless production increases can’t meet that demand, today’s prices probably won’t change much

Reading Time: 2 minutes I attended the annual conference of the Agricultural and Applied Economics Association, held recently in Boston. Conferences of this type are always tainted by the flavour du jour. Hence, no surprise that conversations were dominated by the current downturn in U.S. agriculture. I was left with a couple of key takeaway thoughts for Canadian agriculture. […] Read more