(Dave Bedard photo)

ICE weekly outlook: Canola weak, but finding support

CNS Canada — ICE Futures Canada canola contracts posted losses in most months during the week ended Wednesday, though the market uncovered some support to the downside and finds itself well off its nearby lows. The larger-than-expected old-crop stocks uncovered by Statistics Canada in its September 3 report remain a bearish influence overhanging the market. […] Read more



(Dave Bedard photo)

StatsCan production estimates ‘too low’ for canola, wheat

CNS Canada — Statistics Canada released its first survey-based production estimates for the 2015-16 crop year Friday morning, with canola and wheat figures coming in at the lower end of expectations. But the grain trade is shrugging off the report, as it believes final production numbers for most crops will be larger than what Statistics […] Read more






A rye cover crop. (Stephen Ausmus photo courtesy ARS/USDA)

Rye prices seen high, but stable

CNS Canada –– Rye crops have been reacting to Saskatchewan’s heat and dryness by developing faster than they would normally be — but healthy crops elsewhere appear to be helping to keep global prices stable, at least for the time being. U.S. crops may stop rye prices from moving too turbulently, at least until Canada’s […] Read more



(Dave Bedard photo)

Yields to take precedence over acres in Canada

CNS Canada –– Canadian farmers seeded a bit more canola and a bit less wheat than originally expected, according to updated acreage estimates from Statistics Canada, released Tuesday. However, worsening drought conditions in the western Prairies over the past month and the need for reseeding due to frost damage earlier in June mean actual yields […] Read more