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Markets

AAFC ups canola/pea ending stocks projections amid tariff woes

Geopolical risks and trade uncertainty may alter outlook

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Canadian canola and pea ending stocks may end up considerably larger at the close of the 2025/26 marketing year than originally thought if recently-imposed Chinese tariffs remain in place through the marketing year, said Agriculture and Agri-Food Canada in its latest supply/demand estimates released March 21.
Wheat stocks in major exporting nations are not considered burdensome and are rather seen to have become relatively tight.
Features, Markets

Markets continue to push lower

Risk premiums created by Russia's invasion of Ukraine have evaporated

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Market sentiment remains bearish for most agricultural commodities, including the major crops grown in Western Canada. Prices have been declining in most markets since the recent highs were set at the beginning of the Russian invasion of Ukraine in 2022. Markets have gradually adjusted to the news coming from the conflict and has effectively removed […] Read more
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Markets

Tighter stocks, production in USDA report

The United States Department of Agriculture’s (USDA) May World Agricultural Supply/Demand Estimates (WASDE) released May 10 featured the first production and ending stocks estimates for the 2024-25 marketing year.
(GrainsConnect.com)
Crops, Markets

USDA raises U.S. carryout, tightens Brazilian production

World wheat carryout estimate downgraded, but well above previous year

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Projected ending stocks of soybeans, corn and wheat in the United States were raised slightly higher in the latest supply/demand estimates from the United States Department of Agriculture, while production estimates for Brazil were revised lower.
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Crops, Markets

Pulse weekly outlook: AAFC forecasts larger dry pea, lentil crops  

Dry pea prices have seen gains over the week; lentils steady to higher

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Agriculture and Agri-Food Canada forecasted increases in the production of dry peas and lentils for the 2024/25 crop year compared to those in 2023/24. AAFC issued its first supply and demand report for the calendar year on Jan. 22, which included the department’s preliminary estimates for the coming crop year. The data was not based on farmer surveys or satellite models. 
(Lightguard/E+/Getty Images)
Crops, Markets

Early signs point to increased crop production in 2024/25: AAFC

Rotation, moisture, expected prices, costs among main factors expected in seeding decisions

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A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.
Photo: Thinkstock
Crops, Markets

IGC raises wheat, corn, cuts soybeans 

IGC upped projected total grain ending stocks to 590.2 million tonnes

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As the world’s supply of grain for 2023/24 was increased to 2.307 billion tonnes, the International Grain Council bumped its projections for wheat and corn, while trimming those for soybeans. 

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