Canola prices could shift up or down in the coming weeks due to uncertainty, said Jerry Klassen, analyst with Resilient Capital in Winnipeg
Tag Archives StatCan
ICE Canada Weekly: Canola poised to rise or fall
Weather, China could guide oilseed’s trajectory
USDA adjusts Canadian canola exports, ending stocks
Data varies from AAFC numbers
There were some notable changes to Canadian canola made in the United States Department of Agriculture world oilseed report issued on June 12. The USDA increased its call on 2024/25 canola exports and trimmed those for 2025/26, and reduced carryout projections for both marketing years.
Farmers’ realized net income fell $3.3 billion in 2024: StatCan
Livestock receipts rose across all sectors except poultry; crop receipts fell
Canadian farmers' realized net income declined by nearly 26 per cent in 2024 according to preliminary data from Statistics Canada. This was largely driven by declines in crop receipts as prices fell.
Grain deliveries up on year in April: StatCan
Barley the lone exception
Almost all major grains delivered in April had notable increases from the previous April, Statistics Canada reported on May 26.
Industry believes green pea supplies are over-reported
Analysts say crop insurance data and high prices indicate that stocks of the crop are higher than Statistics Canada is reporting
Canada has far fewer green peas than the government is reporting, says an analyst. “Purely from a price perspective, markets believe the Canadian harvest was smaller than estimated by Statistics Canada,” Stat Publishing noted in a recent article.
Pulse Weekly: Seeding of Manitoba pulses getting started
Specialist expects similar acres to last year
In Manitoba, the planting of pulse crops was barely underway during the week of April 28, said Dennis Lange, industry development pulse specialist for the province's agriculture department.
Higher deliveries in most grains; Canola drops back March to March
Canola drops back March to March
There were several increases in the producer deliveries major grains report for March compared to a year ago, according to Statistics Canada on April 28. However, there were notable decreases in canola and rye from March to March.
Canola market in an enviable position
Canola exports surpass projected amount as prices near $700 a tonne mark
Old crop canola futures spiked on April 24, which put the oilseed’s July contract in a good position to climb above C$700 per tonne.
ICE Canada Weekly: Canola in a good position
July contract to hit C$700/tonne, just when?
Canola futures are expected to climb higher on the Intercontinental Exchange in the coming weeks, commented Phil Speiss, trader with RBC Dominion Securities in Winnipeg. How quickly that happens is dependent on whether demand rationing kicks in or not.
Canada to seed more wheat, less canola in 2025: StatCan
Farmers also seeding more peas, corn and oats
Canadian farmers intend to plant more wheat and less canola in 2025, according to the first survey-based estimates for the upcoming growing season from Statistics Canada released March 12. Area seeded to corn, oats and peas is also expected to rise, while soybeans, barley and lentils are forecast to lose acres.
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