Feedlots continued to purchase corn imports from the United States, putting pressure on feed barley and wheat prices in Western Canada. However, the prospective of fewer planted acres this spring could give prices a boost.
Tag Archives AAFC
Feed grain weekly outlook: Buyers looking towards springtime
Analysts suggest farmers will grow less barley
Only minor acreage shifts expected for most Canadian crops in 2024
Major pulse crop acres expected to rise; canola, wheat expected to dip slightly
Early planting estimates from Agriculture and Agri-Food Canada called for only minor adjustments to most major crops grown in the country in 2024, with reductions in wheat, canola and barley acres, and increases in oats and pulses.
Pulse weekly outlook: AAFC forecasts larger dry pea, lentil crops
Dry pea prices have seen gains over the week; lentils steady to higher
Agriculture and Agri-Food Canada forecasted increases in the production of dry peas and lentils for the 2024/25 crop year compared to those in 2023/24. AAFC issued its first supply and demand report for the calendar year on Jan. 22, which included the department’s preliminary estimates for the coming crop year. The data was not based on farmer surveys or satellite models.
Early signs point to increased crop production in 2024/25: AAFC
Rotation, moisture, expected prices, costs among main factors expected in seeding decisions
A return to trend yields should see an increase in production for most of the major crops grown in Canada in the upcoming 2024/25 (Aug/Jul) marketing year, according to the first outlook for the season from Agriculture and Agri-Food Canada released Jan. 22.
More local barley destined for rations, but U.S. corn still moving
Prior to drought year 2021/22, Canadian corn imports had rarely topped two million tonnes
Recently revised supply/demand tables from Agriculture and Agri-Food Canada raised the forecast for domestic barley usage in the current crop year to 6.155 million tonnes. That compares with an earlier forecast of 5.471 million tonnes. If realized, that would be up by roughly 200,000 tonnes from the previous year.
Tight Canadian lentil carryout expected
Tightest lentil stocks since July 2010 forecasted
Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.
AAFC raises canola, wheat ending stocks forecasts
Pea, barley carryout estimates raised, lentils cut in half
Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.
AAFC tweaks crop supply/demand estimates in November report
Estimates hold for most exports
MarketsFarm — Agriculture and Agri-Food Canada has slightly adjusted its supply/demand estimates for November. AAFC published its latest Outlook for Principal Field Crops on Tuesday. Of Canada’s major crops, the department left the 2023-24 ending stocks for canola at one million tonnes and all wheat at 3.6 million, while all other reported crops were left
Little change in AAFC’s October supply/demand outlook
Canola, wheat, pea carryout estimates unchanged
MarketsFarm — Supply/demand estimates for Canadian grains and oilseeds saw little change in the latest outlook for principal field crops from Agriculture and Agri-Food Canada (AAFC) released Monday. Canola ending stocks for 2023-24 were left unchanged at one million tonnes, which compares with the 2022-23 level of 1.506 million tonnes. Canadian canola exports in 2023-24
Tightening canola stocks projected, AAFC says
Wheat, barley, oat, pea stocks also projected lower
MarketsFarm –– Canadian canola carryout supplies for the current marketing year will likely end up tighter than earlier expectations, according to updated supply/demand balance sheets from Agriculture and Agri-Food Canada (AAFC) that account for recent production and stocks data from Statistics Canada. Canola ending stocks for 2023-24 are now forecast to tighten to only one