StatCan Archives - Page 10 of 11

Canadian wheat, canola stocks projections revised higher

By Phil Franz-Warkentin, GFM Network News September 27, 2022

MarketsFarm — Canadian wheat and canola ending stocks for the 2022-23 crop year are forecast to end up above earlier projections, according to updated supply/demand estimates from Agriculture and Agri-Food Canada, released late Friday. The updated estimates account for recent production and old-crop carryout numbers from Statistics Canada. Total wheat ending stocks for 2022-23 are […] Read more

Crops, Markets

StatCan’s canola call in line with expectations

Agency also boosts wheat projection

By GFM Network News September 14, 2022

MarketsFarm — While Statistics Canada (StatCan) cut its projection for canola production in 2022-23 by 400,000 tonnes, FarmLink Marketing Solutions senior analyst Neil Townsend said the number could go lower. StatCan on Wednesday issued its latest production estimates and lowered its call on canola from the 19.5 million tonnes forecast in its Aug. 29 report […] 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: Seasonal harvest pressure weighs on Prairie pea bids

By Phil Franz-Warkentin, GFM Network News September 13, 2022

MarketsFarm — Pea bids in Western Canada have come under some pressure over the past few weeks, as harvest of the crop nears completion. However, country movement remains light, as producers concentrate on bringing in their remaining grain and oilseed crops. “They want to get done harvest before they worry about (pricing),” said grain broker […] Read more

Crops, Markets, Weather

Ending stocks tumble due to drought: StatCan

Canola stocks are below 'pipeline levels'

By GFM Network News September 8, 2022

MarketsFarm — Severe drought in Western Canada during the summer of 2021 has played a major part in reducing the stocks for Canada’s principal field crops at the end of the 2021-22 marketing year, according to Statistics Canada. Canada’s central data agency released a report Wednesday presenting total ending stocks for the country’s major crops […] Read more

ICE Futures November 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Crush margins guiding canola demand

By GFM Network News August 31, 2022

MarketsFarm — Enormous canola crush margins will lead to increased demand for the Canadian oilseed, according to MarketsFarm’s director of markets and weather Bruce Burnett. As of Tuesday, the nearby November-October margins were estimated at $215.51 per tonne, while the same position for November-October 2023 now stands at $124.48/tonne. This time last year their margins […] Read more

Crops, Pulses

Pulse weekly outlook: StatCan shows big jump in pea, lentil production

By GFM Network News August 30, 2022

MarketsFarm –– The Canadian pulse harvest appears to be making a comeback after production struggled with a historic drought in Western Canada last year. Statistics Canada (StatCan) released its July satellite image-based principal field crop production estimates on Monday, projecting sharp increases in production for most of Canada’s crops, including pulses. Canada’s dry pea harvest […] Read more

Crops, Weather

Canadian crop production bounces back, StatCan reports

Wheat at higher end of trade projections

By GFM Network News August 29, 2022

MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that this year’s crop production would […] Read more

Crops, Markets, Weather

Greater crop production estimated prior to StatCan report

Extended time lag between survey, data's release criticized

By GFM Network News August 26, 2022

MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. Traders and analysts are interested […] Read more

ICE November 2022 canola (candlesticks) with Bollinger bands (20,2) and 100-day moving average (green line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Time gap too large in StatCan report

Canola's potential yields shrank in meantime

By GFM Network News August 24, 2022

MarketsFarm — There has been about a one-month gap in between Statistics Canada having gathered its data for next week’s principal crops report and actually releasing the report. That’s something trader Ken Ball of PI Financial in Winnipeg finds irksome. “They’re using computer models of some kind. You would think they could get this out […] Read more

Corn seedlings in southern Ontario in 2021. (Farmtario photo by John Greig)

Corn, Crops, Soybeans

StatCan trims Canadian corn, soy acreage estimates

Grain corn acreage still expected up from 2021 level

By Dave Bedard, GFM Network News July 6, 2022

New Statistics Canada projections show the country’s grain corn and soybean growers have slightly curbed their enthusiasm for those crops compared to their intentions earlier in the year. StatCan on Tuesday released the results of its 2022 June field crop survey, conducted between May 13 and June 12, projecting Canadian corn area at 3.633 million […] Read more

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

Entomologist tests trap crops and marigolds to repel flea beetles at an Ag in Motion

GFM Network News