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(Greg Berg photo)
Crops, Markets, Weather

StatsCan predicts more Canadian wheat acres, less canola in 2022

Lentil, corn, soy acres are also expected up from 2021, barley down

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MarketsFarm — Canada’s farmers intend to seed more acres to wheat and less to canola in 2022, according to the first survey-based estimates from Statistics Canada for the upcoming crop year released Tuesday. Canola area is forecast at 20.9 million acres by the government agency, which would be down by seven per cent from the
File photo of lentils being moved into bins in Saskatchewan. (Bobloblaw/iStock/Getty Images)
Crops, Markets, Pulses

Pulse weekly outlook: Lentil acres likely up in 2022

Other pulses likely down, though

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MarketsFarm — Statistics Canada released its first survey-based crop acreage estimates of 2022 on Tuesday, reporting that while more lentil acres may be planted this spring, other pulses are expected to have their seeded area shrink. The national data agency projected 4.49 million acres of lentils will be planted in Canada this year, a 4.2
EU flags in front of the headquarters of the European Commission in Brussels. (Jorisvo/iStock/Getty Images)
Crops, Markets

EU’s oilseed yields expected to decline in 2022-23

USDA's attaches predict uptick in EU's oilseed acres

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MarketsFarm — The U.S. Department of Agriculture’s (USDA) attachés in Europe have projected oilseed production in the 27-member European Union to increase just slightly in 2022-23. The 18 attachés involved in the report expect about 31.07 million tonnes in total, for a 0.4 per cent bump in total oilseed output from 2021-22. The oilseeds included
(Thinkstock photo)
Crops, Markets

Prairie cash wheat: Red spring falls back, durum rises

U.S. wheat futures down on week

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MarketsFarm — Wheat prices on the Prairies during the week ended Thursday incurred moderate losses in Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) while durum (CWAD) pushed upward. Declines in the U.S. wheat complex led the way, with a higher Canadian dollar this week adding more pressure on Prairie wheat prices.
(Dave Bedard photo)
Crops, Markets

Drought fears, fertilizer may affect Canadian acreage estimates

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MarketsFarm — Traders and analysts awaiting Statistics Canada’s first survey-based acreage report for the 2022-23 crop year on Tuesday believe competition amongst crops — as well as their dependence on fertilizer, and the possibility of another drought this summer — will be determining factors. Canola stands as the best representation of traders’ concerns. Despite reaching
CBOT July 2022 soyoil (candlesticks, right column) with 20-day moving average (dark green line) and July 2022 soybeans (yellow line, left column). (Barchart)
Crops, Markets

U.S. grains: Soyoil surges on Indonesia export ban

Soybean, corn futures sag on profit-taking

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Chicago | Reuters — U.S. soyoil futures surged to all-time highs on Friday after Indonesia blocked exports of palm oil, a competing vegetable oil, but soybean and corn futures fell on profit-taking ahead of the weekend. Wheat futures ended modestly lower after a choppy session as brokers weighed tightening global grain stocks against sluggish export
File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)
Crops, Markets

Indonesia bans palm oil exports as global food inflation spikes

Government under pressure to control cooking oil prices

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Jakarta | Reuters — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely used in products ranging from
Critics of the existing regulatory framework say cereals productivity has lagged, while others say the numbers don’t support this assertion.
Cereals, News

Analysis: Seed Summit long on rhetoric, short on specifics

Seed firms may not like the rules, but they don’t seem to have much sense of what they’d like to see replace them

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Three meetings, over three weeks, and a total of nine hours later, Brett Halstead says he still doesn’t know what regulatory changes the seed industry wants. “I still haven’t really heard what the problems are,” the Saskatchewan farmer and chair of the Saskatchewan Wheat Development Commission said during the final online Seed Summit meeting Feb.

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