Canadian grain exports up 35 per cent on the year

Canadian grain companies continue to do brisk business moving grains and oilseeds out of the country, with movement of canola, wheat, barley and many other crops running well ahead of the year-ago pace. Crop-year-to-date exports of Canada’s major grains and oilseeds as of Jan. 17 came in at 26.4 million tonnes, according to Canadian Grain[...]

India soybean production said to be lower

Production of the 2020-21 kharif (fall harvest) soybean crop in India should be lower, according to a United States Department of Agriculture (USDA) attaché report. The fall is the only time India harvests soybeans. The attachés, Amit Aradhey and Mariano Beillard, proposed several changes to the official USDA numbers from October including a 10.7 per[...]


Feed weekly outlook: Grain prices strong as dry weather persists

MarketsFarm -- Producers are anxious to stock up on feed grains as weather across the Prairies has remained dry. "We've been seeing buyers being quite aggressive [when] bidding on all feed grains," explained Nelson Neumann of Agfinity in Lethbridge. "Nobody wants to be caught without anything over the summer." With little precipitation in the forecast,[...]

Feed weekly outlook: Lower stocks support grain prices

MarketsFarm -- Feed grain prices in Western Canada have been strong lately, as old-crop supplies reach seasonal lows. "We're getting to the bottom of old-crop stocks," said Allen Pirness of Market Place Commodities in Lethbridge. However, he noted, growing conditions on the Prairies have been favourable, with no indication of a "drought-induced early harvest." Old-crop[...]


Thunder Bay grain exports continue at strong pace

MarketsFarm -- Grain shipments through the Port of Thunder Bay continue to run at a strong pace, with season-to-date volumes of 4.2 million tonnes up 26 per cent on the year. A total of 961,419 tonnes of grain were shipped through the port, located on the northern shores of Lake Superior, in July, port officials[...]

Grain exports continue strong out of Thunder Bay

MarketsFarm -- The Port of Thunder Bay reported another strong grain handling month in May, as more than 1.1 million tonnes of Canadian grain and oilseeds moved through the harbour on the northern shores of Lake Superior during the month. Increased demand from many countries stockpiling grain amidst the global COVID-19 pandemic was cited as[...]


Canadian canola crush running strong

Canada's canola crush is running slightly ahead of the year ago level, according to updated data from Statistics Canada. With 917,992 tonnes of the oilseed crushed in November, the 2020/21 (Aug/Jul) crop-year-to-date total of 3.465 million tonnes compares with the 3.309 million tonnes processed during the same timeframe the previous year. The November canola crush[...]

Pulse weekly outlook: Lentil prices off pandemic peak

MarketsFarm -- Lentil prices received a bit of a bump earlier in the year from peak pandemic panic-buying, but have subsided in recent weeks. "At the beginning, a lot of people were buying, which led to a spike in prices," explained Marcos Mosnaim of Globeways Canada in Mississauga. "That scarcity has come down a lot."[...]


Pulse weekly outlook: Canada's exports solid through first quarter

MarketsFarm -- Canadian pulse exports were leaving at the country at a solid pace through the first three months of the 2020-21 marketing year, according to the latest Canadian Grain Commission (CGC) monthly data. Canada exported 343,000 tonnes of peas in October, taking the 2020-21 year-to-date total to 1.136 million tonnes. That's up by about[...]

Grain, oilseed exports well ahead of year-ago

MarketsFarm -- Canadian grain exports continue to run at a very solid pace, with canola, wheat and barley movement-to-date all up substantially on the year. Total exports of Canada's major grains and oilseeds as of Nov. 29 came in at 18.9 million tonnes, according to Canadian Grain Commission (CGC) data. That's up by nearly five[...]