GFM Network News


Canary seed supplies tighten

'Hidden' stocks of product seen shrinking

MarketsFarm — Canary seed stocks are presently tight for two reasons: unreported inventories have been used up, and poor yields from this year’s crop. David Nobbs of Purely Canada Foods in Saskatoon explained there was a “hidden inventory over the last four to five years,” never reported to Statistics Canada, that was used to meet

We are just coming out of an era in which we have been bent on buying the cheapest food products.

Comment: Higher grocery bills a fact of life

Many grocery categories have seen price increases at a rate much higher than general inflation

Every month, Statistics Canada reminds us that life is getting more expensive. But for food, the situation has been unique over the last few decades. Based on numbers released recently, the price of a typical grocery basket has increased by about 240 per cent since 2000. Some will think that such a percentage is expected,


Canadian corn, soybean stocks increase

MarketsFarm — New stats show larger soybeans and corn stocks in Canada as of July 31 when compared to the same time last year. Statistics Canada issued its updated report on stocks of grain and oilseeds on Tuesday morning. The federal agency said combined farm and commercial stocks of corn rose by over 29 per

AAFC lowers wheat carryout estimate, raises canola

MarketsFarm — Updated supply and demand estimates from Agriculture and Agri-Food Canada call for tighter wheat carryout for the 2020-21 crop year than previous forecast — and more canola. Tursday’s report provides the first adjusted balance sheet estimates from the government agency that account for the latest production numbers from Statistics Canada released earlier in

China’s interest in buying soybeans, particularly from Brazil and the U.S., has recently helped push soy futures above US$10 and in turn lifted ICE November canola.

China’s demand for soybeans bodes well for canola values

Provinces’ estimates suggest lower canola yields than what satellites are seeing

ICE Futures canola contracts continued their month-long climb during the week ended Sept. 18, hitting their strongest levels in two years. The November contract moved above $530 per tonne during the week, marking the first time the front-month contract had settled above that point since June 2018. The contract has risen by nearly $50 per


Pulse weekly outlook: Chickpea production expected up in 2021

MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this


StatsCan adjusts expected corn, soy harvests upward

Satellite models predict higher yields on fewer acres

Statistics Canada’s latest batch of satellite-modelled crop data includes slightly raised expectations for Canadian corn and soybean harvests this fall. StatsCan on Monday released model-based principal field crop estimates for the period ending Aug. 31, suggesting higher soy and corn numbers than seen in its Production of principal field crops report released Aug. 31, which


Statistics Canada trims wheat production estimate

Lentil crop estimate up from August

MarketsFarm — Canadian farmers grew less wheat in 2020-21 than earlier thought, according to updated production estimates Statistics Canada released Monday. However, the country’s wheat crop would still be the second-largest on record and well above the five-year average. Using yield models based on satellite imagery, total wheat production in the country for 2020-21 is

StatsCan stocks report shows lower lentils, durum, canola

Lentil supply picture 'extremely tight'

MarketsFarm — Statistics Canada’s stocks of principal field crops report detailed tight ending stocks for lentils durum and canola. As of July 31, lentil stocks totalled just 61,000 tonnes, down by 91.5 per cent from last year. Exports were up by over 30 per cent year-over-year, which accounted for some of the decrease. “It’s an