Reading Time: 2 minutes Canadian wheat exports in both the current crop year and the upcoming 2024/25 marketing year will likely end up above earlier expectations, according to updated supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released June 20, that left the balance sheet for canola relatively unchanged.

AAFC raises wheat exports call, tightens carryout

Kazakhstan wheat crop set to rebound in 2024/25
Reading Time: 2 minutes Wheat production in the central Asia country of Kazakhstan is expected to bounce back in 2024/25 according to the United States Department of Agriculture attaché in the capital of Astana.

Canadian grain exports a mixed bag in December
Top three canola importers bought less, U.S. bought more
Reading Time: 2 minutes While Canada’s canola exports fell back so far this marketing year compared to last year, those for wheat were up, according to the Canadian Grain Commission. Released on Feb. 7, the monthly export report took Canada’s exports for cereals, oilseeds and pulses to the end of December.

USDA attaché sees improvement in Argentina wheat, corn
Recent hot spell in Argentina may have eroded potential corn yields
Reading Time: < 1 minute Ahead of the February supply and demand estimates from the United States Department of Agriculture, the department’s attaché in Buenos Aires issued their grain and feed update on Argentina.

USDA attaché reports from Canada, other countries
Drought, grasshoppers among concerns cited for Canadian Prairies
Reading Time: 2 minutes The Global Agricultural Information Network of the United States Department of Agriculture issued a series of reports during the week ended Jan. 26. Of those, some of them could have an affect on the North American markets.

Russia halts Ukraine Black Sea grain exports, Biden outraged
Reading Time: 3 minutes Reuters – Russia on Saturday suspended participation in a U.N.-brokered Black Sea grain deal after what it said was a major Ukrainian drone attack on its fleet in Crimea, dealing a blow to attempts to ease the global food crisis. U.S. President Joe Biden denounced the move as “purely outrageous” and said it would increase […] Read more

Canadian wheat sales to China hit 14-year high despite dispute
Reading Time: 2 minutes Winnipeg/Chicago | Reuters — Canada has shipped the most wheat to China in 14 years, contrasting a sudden halt in canola trade amid a diplomatic dispute between the countries, as Chinese buyers shunned the United States. China bought 1.5 million tonnes of wheat from Canada from August 2018 through April 2019, nearly double the pace […] Read more

Feed weekly outlook: Prices steady ahead of seeding
Reading Time: < 1 minute MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report, […] Read more

Weekly canola exports pick up
Reading Time: < 1 minute Weekly Canadian canola exports hit their highest level in more than two months during the week ended Sunday, helping narrow the gap between this year’s export pace and the year-ago movement. Canola exports of 268,500 tonnes during week 26 of the crop year were roughly double the previous week’s total and the largest movement in […] Read more

Canadian wheat exports keep strong pace
Reading Time: < 1 minute Canadian wheat exports during the 2018-19 crop year-to-date are running at a record pace, with exports as of Sunday roughly 1.4 million tonnes ahead of what was exported during the same time frame the previous crop year. Canada has exported 8.87 million tonnes of wheat as of Sunday, according to the latest Canadian Grain Commission […] Read more