(Photo courtesy Canola Council of Canada)

Canola crushing steady

CNS Canada — Canada’s domestic canola crushing remains steady year over year. Statistics Canada data show 742,573 tonnes of canola seed crushed in June this year, which marks a slight rise from 731,124 in June 2017 and 702,716 in the same month of 2016. Domestic crushers processed 765,216 tonnes of seed in May of this […] Read more



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National job vacancy rate increases in ag sector

CNS Canada — The national job vacancy rate in the agriculture, forestry, fishing and hunting sector is increasing compared to the same period a year ago. Data for the first quarter of 2018, ending April 30, showed a vacancy rate of 6.9 per cent in the sector compared to 5.3 per cent in the first […] Read more

(Dave Bedard photo)

Firm, steady flax prices seen in the cards

CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. “Given the demand in the market from China, the United States and potentially even the […] Read more


Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Canola prices vulnerable after StatsCan report

CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday […] Read more




(Dave Bedard photo)

Canadian canola area likely above earlier projection

CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions. […] Read more


(Dave Bedard photo)

Canola stocks comfortable, eyes on new crop

CNS Canada — Canadian canola stocks are rather large heading into the new growing season, but attention now is firmly on new-crop production. Statistics Canada on Friday pegged canola supplies in the country as of March 31 at 9.1 million tonnes, the second-largest on record for that time of year and about 1.1 million tonnes […] Read more

Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)

Manitoba soybean acreage predictions mixed

CNS Canada — While some in the soybean sector think Statistics Canada is right about its predictions for a decline in Manitoba acres, others think plantings should still end up close to the record in 2017. Statistics Canada is predicting soybean acres in Manitoba to drop to 1.96 million from 2.29 million, according to its […] Read more