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Tag Archives production

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Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Bullish USDA report sends soy, corn up sharply

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MarketsFarm — Soybean and corn yields in the United States ended up much smaller than early expectations, according to updated supply and demand estimates released Tuesday by the U.S. Department of Agriculture. The resulting drop in production and ending stocks has sent futures rallying to new contract highs, with more gains likely. Average U.S. soybean […] Read more
The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

USDA’s WASDE bullish for soy, corn, wheat

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MarketsFarm — The October world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) shows lower U.S. ending stocks for soybeans, corn and wheat. Projected U.S. soybean ending stocks for 2020-21 were lowered to 290 million bushels from last month’s projection of 460 million. Last year, carryout stocks were at 523 […] Read more
Chickpeas. (CalypsoArt/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Chickpea production expected up in 2021

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MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this […] Read more
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Corn, Crops, Markets, Soybeans, Weather

StatsCan adjusts expected corn, soy harvests upward

Satellite models predict higher yields on fewer acres

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Statistics Canada’s latest batch of satellite-modelled crop data includes slightly raised expectations for Canadian corn and soybean harvests this fall. StatsCan on Monday released model-based principal field crop estimates for the period ending Aug. 31, suggesting higher soy and corn numbers than seen in its Production of principal field crops report released Aug. 31, which […] Read more
(Dave Bedard photo)
Crops, Markets

Wheat crop to be second-largest on record, StatsCan predicts

Canola estimate at lower end of trade predictions

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MarketsFarm — Canada’s farmers will have grown their second-largest wheat crop on record in 2020, according to the first production estimates of the year from Statistics Canada, as released Monday. The government agency pegged total wheat production in the country for 2020-21 at 35.74 million tonnes, up 10.5 per cent on the year and second […] Read more
(Dave Bedard photo)
Crops, Markets

Canola crop expectations vary ahead of StatsCan report

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MarketsFarm — Statistics Canada is due to publish its first production estimates for Canada’s 2020 growing season on Monday (Aug. 31). Late-season hot temperatures and a lack of rain may cause Canada’s canola production to be lower than originally expected, according to some market participants. Earlier in the growing season, Winnipeg-based FarmLink Agriculture Solutions published […] Read more
(Olymel video screengrab via YouTube)
Hogs, Livestock

Red Deer hog plant books first COVID case

One employee confirmed with virus, 13 isolating as precaution, company says

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A major Prairie hog slaughter and processing plant relatively untouched by the COVID-19 pandemic has marked its first case of the coronavirus in a production line worker. Olymel, the meat packing arm of Quebec ag co-operative Sollio, said an employee who reported for work Monday last week at its Red Deer, Alta. plant began showing […] Read more

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