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The Port of Thunder Bay has seen above-average grain and potash shipments this spring.

Almost all major grains delivered in April had notable increases from the previous April, Statistics Canada reported on May 26.

The National Farmers Union denounced the approval of the Bunge-Viterra merger in a statement released on Jan. 17. The NFU said the multi-billion dollar deal “effectively ends competition in Canada’s agricultural commodity sector,” as it creates the world’s largest agricultural commodity trader, and it will control 40 per cent of the Canadian grain market.

At this time of year the pulse market is generally quiet, said broker Marcos Mosnaim of Prairie XI. However, he wasn’t entirely sure as to why most pulse prices were currently unchanged across Western Canada.

Deliveries of major grains increased from December to December, according to data released by Statistics Canada on Jan. 29.

Most farmer deliveries of reported grains increased in February from the year before, according to Statistics Canada on March 28.

Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.

As May winds down the prospect of rain saw canola futures on the Intercontinental Exchange fall back on May 28, with the old crop July contract taking the biggest hit.

Grain movement through the St. Lawrence Seaway was up by five per cent in 2023 compared to the previous year, with Canadian wheat accounting for well over half of all the grain moved, according to a joint report from the Canadian St. Lawrence Seaway Management Corporation (SLMC) and the United States Great Lakes St. Lawrence Development Corporation (GLS) released May 27.

Although Agriculture and Agri-Food Canada made several small revisions to its April supply and demand report compared to the previous month, it did not alter any of its canola numbers.