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


(Dave Bedard photo)

StatsCan production report may show stronger yields

MarketsFarm — A challenging growing season across the Prairies has left questions in the market ahead of Statistics Canada’s production report, due out Wednesday. “It’s hard to get a handle on canola this year because, at this stage, the farmers are going to be a bit conservative and err on the side of caution,” said



Statistics Canada’s model-based report is based in part on data from sensors on the U.S. National Oceanic and Atmospheric Administration (NOAA) series of satellites. The Normalized Difference Vegetation Index (NDVI), shown here for Sept. 16 over an NOAA satellite map of North America, is used to gauge surface vegetation content. (OSPO.noaa.gov)

Canola, wheat crop size hiked in StatsCan’s view from space

CNS Canada — Statistics Canada raised its production estimates for most crops across Western Canada in its latest report released Wednesday. Unlike traditional StatsCan reports using information gathered from phone surveys, the model-based report was based in part on coarse-resolution satellite imagery collected during the month of August. The model-based report has only been in



(Dave Bedard photo)

Trade expecting bigger canola, wheat numbers from StatsCan

Reuters — Canadian farmers harvested the biggest canola crop on record, slightly larger than was expected in September, a Reuters survey of 15 traders and analysts showed ahead of a key government report. Wheat production is also seen higher than earlier expectations, as favourable weather produced big yields. Statistics Canada will release its final crop



(Scott Bauer photo courtesy ARS/USDA)

Hogs seen as key factor in input cost hikes

CNS Canada — Canada’s Farm Input Price Index has climbed slightly for the first quarter of this year. Canada-wide, the index rose 1.3 per cent for the first quarter of this year compared to the final quarter of 2016. When comparing this year’s first quarter to last year’s first quarter, however, input prices in the