(Dave Bedard photo)

AAFC raises 2019-20 canola, wheat ending stocks

MarketsFarm — Canadian ending stocks of canola and wheat will be larger than earlier thought, according to updated supply/demand tables Agriculture and Agri-Food Canada released late Friday. AAFC raised its canola ending stocks estimate for 2019-20 to a record 4.5 million tonnes, up from the August estimate of 3.775 million and the upwardly-revised 2018-19 level



Canada's exports of major crops reached 44.6 million tonnes, up from 41.9 million in 2017-18.

New record for Canadian crop exports in 2018-19

trade It came despite a huge drop in canola seed export, 
which record wheat sales helped offset

Canada exported a record 44.6 million tonnes of major crops when the 2018-19 crop year ended July 31, up six per cent from the previous record of 41.9 set last crop year, according to Canadian Grain Commission (CGC) statistics. “If there is potential for profit farmers will grow the crop,” Keystone Agricultural Producers president Bill


Little to shake canola from being range-bound

Little to shake canola from being range-bound

Despite two reports over the last 10 days, there hasn’t been anything significant enough to shake canola from being range-bound. As the markets waited with breath held for the latest supply-and-demand report from the United States Department of Agriculture (USDA) released August 12, there was speculation the report would have a strong spillover effect on

ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola trade’s eyes on StatsCan report

MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million tonnes. “Maybe we’ll see if


(Elenaphotos/iStock/Getty Images)

Canada boosts 2019-20 wheat production estimate

MarketsFarm — Canadian wheat production in 2019-20 is forecast to come in at 500,000 tonnes above an earlier forecast, according to updated supply/demand tables released Wednesday from Agriculture and Agri-Food Canada. Wheat ending stocks were also raised in the report, while adjustments to the canola tables led a slight reduction to the still record-large carryout

(Elenaphotos/iStock/Getty Images)

Federal report expects canola output down, wheat up

MarketsFarm — Expectations for canola production in Canada were revised downward Friday by Agriculture and Agri-Food Canada (AAFC). AAFC has now estimated Canadian farmers will produce 18.575 million tonnes of canola in 2019, down about 8.7 per cent from its previous estimate. Earlier this week, MarketsFarm analyst Bruce Burnett predicted canola production would be down



Vegetation growth index for the Prairie provinces compared to average as of May 26. (CCAP)

Canadian crop development behind average

MarketsFarm — Crop development is running behind average across much of Canada, with excessive moisture delaying seeding in Ontario and dryness slowing crop development across the Prairies. That’s according to the latest satellite data from the federal Crop Condition Assessment Program (CCAP), created in partnership between Statistics Canada and Agriculture and Agri-Food Canada. Crop development