Photo: Greg Berg

AAFC lowers Canadian wheat ending stocks estimates

Drop in estimated oats carryout another notable adjustment

 MarketsFarm – Canadian wheat ending stocks for both the current marketing year and 2023/24 (Aug/Jul) were revised lower by Agriculture and Agri-Food Canada’s market analysis division in its updated supply/demand estimates, released July 21, with tighter oats and pulse stocks also expected.  Wheat ending stocks for 2022/23 were lowered to 3.540 million tonnes by AAFC, […] Read more

EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)

More grain for European Union in 2023-24, USDA projects

Larger production seen reducing need for imports

MarketsFarm — The U.S. Department of Agriculture’s (USDA) attaché in Madrid is projecting an increase in grain production for the European Union (EU) in 2023-24. In USDA’s Global Agricultural Information Network (GAIN) report released Wednesday, the attaché pegged the EU’s 2023-24 grain production at 284.7 million tonnes, 17.9 million more than this year’s crop which […] Read more


One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

July report from IGC has few changes

Numbers tweaked from previous month's report

MarketsFarm — Other than a few tweaks, there were no major changes in the latest monthly report from the London-based International Grains Council (IGC) released Thursday. In comparing the July report with that from June, the IGC tweaked its estimate for total global grain production for 2022-23. It trimmed output by 0.13 per cent at […] Read more

One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

IGC tweaks old-crop numbers, makes bigger changes in new-crop

MarketsFarm — There were a few tweaks to the old-crop data in the April supply/demand report from the International Grains Council (IGC) on Thursday — but somewhat more significant numbers for its new-crop projections. For the 2021-22 crop year, the IGC bumped up total global grain production by three million tonnes at 2.287 billion tonnes, […] Read more


One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)

Little variation seen in global grain supply and demand data

MarketsFarm — Few significant changes appear in the latest monthly supply and demand report from the International Grains Council (IGC), which released its estimates Thursday. The IGC slightly nudged its estimate of total world grain production from its August estimate of 2.23 billion to September’s 2.227 billion tonnes. The September forecast is 2.1 per cent […] Read more

Bulk wheat being loaded on a ship in a Russian port. (YGrek/iStock/Getty Images)

Global grain production to increase, IGC predicts

MarketsFarm — The International Grains Council (IGC) issued projections Thursday calling for a slight increase in total global grain production for the current marketing year and for 2020-21. The U.K.-based council forecast world production at 2.175 billion tonnes, which would be an increase of three million tonnes from its February report. The IGC said that’s […] Read more



(GreatWesternRail.com)

Slimmer harvest yields faster deliveries from railways

CNS Canada –– A year ago, Western Canada’s shortline railways were struggling to meet commitments, but this year’s smaller grain production has reduced the stress on rail transporters. “There’s no shortage of cars, and there’s no problems in shipping,” said Sheldon Affleck, president of Regina-based shortline Big Sky Rail. A year ago, rail companies struggled […] Read more