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(Elenaphotos/iStock/Getty Images)
Crops, Markets

Canada boosts 2019-20 wheat production estimate

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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
Crop Report, Weather

Grasshoppers on the move, canola swathing widespread in preparation of harvest

Manitoba Crop Report and Crop Weather report for August 20

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Southwest Region Rain and cooler temperatures have delayed swathing in late seeded canola and have rejuvenated soybean crops. Showers early last week, 5 to 10 mm rain was widespread. Minnedosa, Neepawa and areas north of Highway 16 are still suffering serious moisture shortages as most of these areas are only 50 to 70 per cent
A canola field blooms in Manitoba’s Interlake on July 11, 2019. (Greg Berg photo)
Crops

Canada crop tour sees smaller canola crop after reduced plantings, dry spring

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Winnipeg | Reuters – Canadian farmers are likely to reap a smaller canola crop in 2019-20 due to reduced plantings and dry conditions, consultancy FarmLink Marketing Solutions said on Thursday after a crop tour of the prairie provinces. The Grain World tour on Tuesday and Wednesday, organized by FarmLink, visited fields in Alberta, Saskatchewan and Manitoba to observe
Since March Canadian canola exports have increased to some other countries, but not enough to offset what’s expected to be an extra million tonnes of potentially price-depressing canola carry-over at the end of the crop year July 31.
News, Oilseeds

New Canadian canola seed sales made to China

Details are few but the canola council says normal canola trade with China has not been restored

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Canada has made a “small amount” of new canola seed sales to China, but exports to Canada’s biggest canola customer aren’t back to normal. Not even close. “We are aware of a small amount of (canola seed) sales that have occurred (to China),” Brian Innes, the Canola Council of Canada’s vice-president of communications said in
Canada exported just 112,000 tonnes of canola to China in May based on sales made before the current dispute, down 79 per cent compared to May 2018.
News, Oilseeds

Escalation of canola dispute with China won’t work

Market analyst Mike Jubinville doesn’t see a resolution any time soon

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Retaliating against China over its import restrictions on Canadian canola will only make the dispute harder to resolve, according to MarketsFarm analyst Mike Jubinville. Some commentators and farmers are demanding Canada retaliate, for example, by subjecting Chinese imports to intense inspections. “Taking an aggressive position with China is absolutely pointless,” he said in an interview
The next WASDE report due to be released in less than two weeks will provide the long-awaited numbers on corn, soybean and unplanted acres.
Grain Markets, Markets

Little direction in grain markets until August 12

USDA’s WASDE report will provide long-awaited numbers on corn, soybean and acres which were prevented from planting

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Until August 12, the central story surrounding canola will be a lack of direction. There has been little to influence prices either up or down and this will likely remain the situation until the United States Department of Agriculture (USDA) issues monthly World Agricultural Supply and Demand Estimates (WASDE). In that report due August 12

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