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Tag Archives Statistics Canada

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

ICE weekly outlook: Crush margins guiding canola demand

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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
File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)
Crops, Pulses

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

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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
(Dave Bedard photo)
Crops, Weather

Canadian crop production bounces back, StatCan reports

Wheat at higher end of trade projections

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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
(Dave Bedard photo)
Crops, Markets, Weather

Greater crop production estimated prior to StatCan report

Extended time lag between survey, data's release criticized

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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

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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

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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
(Dave Bedard photo)
Crops, Markets, Weather

StatCan raises Canada’s canola plantings from earlier estimate

Farmers seen returning to 'steady Eddie' wheat

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MarketsFarm –– Canadian canola plantings are projected to come in above earlier expectations but would still be well below what was seeded to the crop in 2021, according to updated acreage estimates from Statistics Canada released Tuesday. Meanwhile, wheat area in the country is forecast at its highest level in nearly a decade. After a […] Read more
Photo: File
Crops, Markets

Wet weather affecting acreage numbers: analysts

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MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are […] Read more
(Vonkara1/iStock/Getty Images)
Crops, Weather

StatCan releases satellite crop vegetation data

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MarketsFarm — Statistics Canada’s crop condition assessment program (CCAP) on Thursday released its weekly normalized difference vegetation index (NDVI) values from April 11 to May 29 — telling the tale of weather extremes in the Prairie provinces. As of the fourth week of May, seeding was 95 per cent complete in Alberta, compared to the […] Read more
File photo of grain bins in Saskatchewan. (Chinaface/iStock/Getty Images)
General, Machinery, Markets

Over half Canada’s farm revenue now goes to biggest farms, census finds

More women operators, more sustainable practices, more growing under glass

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While it shouldn’t surprise anyone that the number of larger farms by sales in Canada is rising and the number of smaller farms is declining, Canada’s newest ag census also shows larger farm classes now capturing the majority of total ag revenue. Statistics Canada on Wednesday began releasing data from its 2021 Census of Agriculture, […] Read more

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