AAFC Archives - Page 13 of 20

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

ICE weekly outlook: Canola corrects, but trend still up

By Phil Franz-Warkentin, GFM Network News July 21, 2021

MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking weighed on values. “The trend is higher, but you can’t go up forever,” said trader Ken Ball of PI Financial in Winnipeg. While rains during […] Read more

CBOT December 2021 oats (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Oats, Weather

Oat crop across Western Canada ‘not stellar’

By GFM Network News July 21, 2021

MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more

Crops, Markets, Weather

Hot, dry weather creates ‘significant uncertainty,’ AAFC says

By Phil Franz-Warkentin, GFM Network News July 20, 2021

MarketsFarm — Supply/demand balance sheets for Canada’s major crops only saw minor adjustments in the latest update Tuesday from Agriculture and Agri-Food Canada, with hot and dry growing conditions leading to “significant uncertainty” on the state of the country’s 2021-22 crops. Total field crop production in the country was forecast to decrease due to a […] Read more

Crops, Markets, Weather

Dry weather may cut into Canadian crop prospects, AAFC says

By Phil Franz-Warkentin, GFM Network News May 22, 2021

MarketsFarm — Dry weather conditions across Western Canada could cut into production prospects in the region, according to updated supply/demand tables released Thursday by Agriculture and Agri-Food Canada. “Extremely dry conditions prevail in large parts of Western Canada, allowing for rapid seeding progress which is trending ahead of normal; however, timely precipitation this spring and […] Read more

Agriculture and Agri-Food Canada’s Drought Monitor map for the Prairie provinces as of April 30, 2021. (AAFC)

Crops, Weather

‘Extreme drought’ expands in Prairies

Southern Manitoba, southeastern Saskatchewan parched

By GFM Network News May 10, 2021

MarketsFarm — The newly released map from Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows the Prairies’ ongoing drought getting worse. According to AAFC’s nationwide map released on Friday, southwestern Manitoba, parts of southern Saskatchewan and the southeast corner of Alberta are under CDM’s classification of Extreme (D3) drought as of April 30. Communities […] Read more

Barley south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Barley, Crops, Markets

Feed weekly outlook: Solid exports support domestic barley market

By Phil Franz-Warkentin, GFM Network News April 30, 2021

MarketsFarm — Canada has already exported more barley through the first two-thirds of the 2020-21 marketing year than in any full crop year in over a decade. That solid export pace is keeping domestic prices well supported, with an increase in seeded area in 2021-22 expected. Export data from the Canadian Grain Commission through March […] Read more

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Crops, Markets, Peas

Pulse weekly outlook: StatsCan’s pea, chickpea acres short of trade expectations

By GFM Network News April 28, 2021

MarketsFarm — Numbers were seen as disappointing for dry peas and chickpeas in Statistics Canada’s survey-based principal field crop planting projections released Tuesday. The federal agency predicted 3.839 million acres seeded for dry peas nationwide, nearly a 10 per cent decline compared to last year. By comparison, MarketsFarm projected 4.38 million acres while Agriculture and […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prices taper off ahead of report

Feedlots 'not eating as much grain'

By GFM Network News April 23, 2021

MarketsFarm — While prices for feed wheat and feed barley in Western Canada remain substantially higher than one year ago, the past month has seen slight declines. As of Wednesday, high-delivered bids for feed wheat were at least $7.25 per bushel, more than $1.50 higher than last year according to Prairie Ag Hotwire. However, over […] Read more

Crops, Markets

Slight adjustments in AAFC’s April supply/demand report

By Phil Franz-Warkentin, GFM Network News April 21, 2021

MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada, released Tuesday, included only minor adjustments to balance sheets for most major crops. Statistics Canada releases its first survey-based acreage estimates for the upcoming growing season on Tuesday next week (April 27), which should lead to adjustments in subsequent supply/demand projections. Canola ending […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Slight increase in lentil acres likely

Increase 'won't be as big as people think'

By GFM Network News April 20, 2021

MarketsFarm — Lentil acres are likely to increase slightly when farmers take to planting this spring, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The pulse industry will get a better idea of what will be going into the ground over the coming weeks on April 27, when Statistics Canada releases its […] Read more

GFM Network News

Canadian trade data delayed by U.S. government shutdown

Sigurdson applauds Alberta farmers

U.S. grains: Soy, corn dip on farmer selling; U.S.-China trade talks in focus

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