(Dave Bedard photo)

ICE weekly outlook: Export uncertainty dogs canola

CNS Canada — Canola futures don’t appear ready to climb drastically higher anytime soon as uncertainty over Chinese buying weighs on the market, according to a Winnipeg trader and analyst. The recent grain stocks report compiled by Statistics Canada has become a source of pressure for canola, said Ken Ball of PI Financial. StatsCan’s report […] Read more


(Photo courtesy Canola Council of Canada)

Large old-crop canola stocks raise new-crop questions

CNS Canada — Canada grew a million more tonnes of canola in 2015-16 than originally reported, according to updated numbers from Statistics Canada, released Wednesday in connection with the Stocks of Principal Field Crops as of July 31 report. The unexpected revision to the old-crop production now has many industry participants questioning just how large […] Read more

Durum wheat. (Gipsa.usda.gov)

Quality Canadian durum may be in short supply

CNS Canada — Quality issues with the Canadian durum crop currently being harvested should see the price spreads between top- and low-end grain widen considerably, especially as the carryout from the previous year is also poor quality. Canadian durum stocks, as of July 31, were pegged at 1.1 million tonnes by Statistics Canada in a […] Read more





(Dave Bedard photo)

StatsCan’s canola estimates taken with grain of salt

CNS Canada — Statistics Canada’s latest crop production estimates are in and while they may raise a few eyebrows, the numbers aren’t likely to cause havoc in the markets, according to most trade analysts. StatsCan on Tuesday pegged canola production in 2016-17 at 17 million tonnes. That compares to pre-report ideas of 15.9 to 20 […] Read more

Canary seed carryout most likely underestimated

CNS Canada — Canary seed could be looking at a carryout 10 times the size at which Agriculture and Agri-Food Canada had pegged it, according to one processor. Ending stocks for the recently finished 2015-16 crop year are currently estimated at only 5,000 tonnes, according to the latest AAFC Outlook for Principal Field Crops report. […] Read more



(Photo courtesy Canada Beef Inc.)

Canada books bigger beef cattle herd

New estimates from Statistics Canada show the country’s cattle producers hanging onto more breeding stock and holding more calves as of July 1 compared to the same date last year. StatsCan’s livestock estimates as of July 1, released Thursday, showed 13.2 million cattle on Canadian farms as of July 1, up 1.3 per cent from […] Read more