ending stocks Archives - Page 22 of 27

Wheat being loaded onto a cargo ship in Vancouver in 2011. (File photo: Reuters/Ben Nelms)

AAFC lowers wheat carryout estimate, raises canola

By Phil Franz-Warkentin, GFM Network News September 26, 2020

MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada call for tighter wheat carryout for the 2020-21 crop year than previous forecast — and more canola. Tursday’s report provides the first adjusted balance sheet estimates from the government agency that account for the latest production numbers from Statistics Canada released earlier in […] Read more

Corn, Crops, Markets, Soybeans

USDA lowers soy, corn yield expectations

By MarketsFarm Team, GFM Network News September 11, 2020

MarketsFarm — Adverse weather over the past month cut into the yield prospects for soybeans and corn in the U.S., according to updated estimates released Friday from the U.S. Department of Agriculture. Average soybean yields in the country are now forecast at 51.9 bushels per acre. That was down from the August estimate of 53.3 […] Read more

ICE November 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Rising canola market watches harvest

By Phil Franz-Warkentin, GFM Network News September 3, 2020

MarketsFarm — ICE Futures canola contracts remained pointed higher during the week ended Wednesday, hitting some of their best levels in two years. However, its upside may be limited as harvest picks up over the next month. “Canola could go a little higher, but we’re probably pushing upper ranges for now until we have more […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn up after USDA confirms massive U.S. crops

Traders assessing damage from Midwest storm Monday

By GFM Network News August 12, 2020

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday as short-covering and position-squaring emerged after the U.S. Department of Agriculture confirmed expectations for massive crops, traders said. USDA, in a monthly report, said U.S. farmers will reap their biggest corn harvest and second-biggest soybean harvest, thanks to favourable weather. […] Read more

Crops, Markets, Reuters, Weather

U.S. farmers to harvest record-large corn crop, second-largest soy crop, USDA says

Estimates don't include impact of recent Midwest storm

By GFM Network News August 12, 2020

Chicago | Reuters — U.S. farmers will reap their biggest corn harvest and their second biggest soybean harvest this fall as good summer weather shepherded the crops through key phases of development, the U.S. Agriculture Department said on Wednesday. The crop outlooks, which also included average yields for both corn and soybeans as the largest […] Read more

Crops, Markets

July supply/demand report shows just minor revisions

Canola, wheat ending stocks down

By Phil Franz-Warkentin, GFM Network News July 18, 2020

MarketsFarm — Updated supply/demand estimates released Friday by Agriculture and Agri-Food Canada include only minor revisions from the previous report, taking into account revised acreage estimates Statistics Canada released at the end of June. Canola ending stocks for the current marketing year were lowered by 100,000 tonnes, to 2.5 million tonnes. Meanwhile, projected 2020-21 canola […] Read more

(Photo courtesy Canola Council of Canada)

Canola, Crops, Markets, Spring Wheat

AAFC tightens canola stocks projections

By Phil Franz-Warkentin, GFM Network News May 24, 2020

Corrected, May 25 — MarketsFarm — Canadian canola ending stocks for both the current marketing year and the upcoming 2020-21 season will be tighter than earlier forecasts, according to updated supply/demand estimates from Agriculture and Agri-Food Canada released Friday. The latest data take into account acreage estimates released by Statistics Canada earlier in the month. […] Read more

A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)

Crops, Markets, Reuters

USDA raises corn, soy, wheat supply outlook

Ending stocks expected up on slowing export demand

By GFM Network News April 9, 2020

Chicago | Reuters — The U.S. Agriculture Department raised its outlook for domestic supplies of corn on Thursday on expectations for reduced usage by ethanol producers, as demand for the alternative fuel has been cratering due to the spread of the COVID-19 coronavirus. The government also bumped up its wheat and soybean ending stocks view […] Read more

(File photo courtesy Canola Council of Canada)

Canola, Crops, Markets

USDA adjusts world rapeseed stocks estimates

Canadian carryout pegged above AAFC's estimate

By MarketsFarm Team, GFM Network News March 11, 2020

MarketsFarm — World rapeseed ending stocks are forecast to tighten slightly in 2019-20 compared to earlier projections, according to an update from the U.S. Department of Agriculture’s Foreign Agriculture Service. The Oilseeds: World Markets and Trade report pegged world rapeseed carryout for the current marketing year at 6.307 million tonnes, down from the February estimate […] Read more

CBOT March 2020 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Wheat sags on adequate world supplies, fund selling

Corn follows wheat lower; soy flat

By GFM Network News February 12, 2020

Chicago | Reuters — U.S. wheat futures fell to a seven-week low on Tuesday as signs of adequate global supplies and softening world cash prices triggered a round of what appeared to be fund-driven long liquidation, analysts said. Corn futures also fell while soybeans ended flat to fractionally higher after the U.S. Department of Agriculture […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News