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File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)
Crops, Markets, Weather

StatsCan survey shows bump up in wheat acres, particularly durum

Farmers back off canola, soybeans; pandemic expected to cause other problems for ag

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Ottawa | Reuters — Canadian farmers planted slightly more wheat overall in 2020 than in 2019, but the coronavirus outbreak will pose “unique challenges” in the production and distribution of crops, Statistics Canada said on Monday. Farmers planted 25 million acres of wheat, up 1.5 per cent from 2019, thanks in part to a 16.2
CBOT July 2020 oats with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

Demand pushes up cash prices for oats

Cash oats uncoupled from Chicago futures values

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MarketsFarm — While scarcity of oats on the Prairies has pushed up cash prices, there has been a drop in futures prices on the Chicago Board of Trade (CBOT), two buyers said. “The weakness in the futures definitely has nothing to do with cash prices in the country,” said Scott Shiels of Grain Millers at
As farmers are putting their next 
crop in, there’s controversy over how hard hit some producers have been, 
according to the latest income figures.
News

Farm income up amid calls for more farm aid

Do Prairie grain farmers need more government help? Not right now according to one producer

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Long before COVID-19 disrupted agricultural markets, Canadian farm leaders were lobbying the federal government for money to offset the effect of trade disputes and harvest problems. But the latest farm income figures don’t necessarily back that call, showing, on the whole, Canadian farmers netted more money in 2019 than the year before. 2019 Canadian farm
(File photo by Lorraine Stevenson)
Crops, Markets

Farmer deliveries well above average in April

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MarketsFarm — Farmer deliveries of major grains into the Canadian commercial pipeline were up substantially in April, hitting their third-highest monthly total on record, according to updated data Statistics Canada released Monday. Farmers in April delivered 5.868 million tonnes of major grains, about a million tonnes above the monthly average during the 2019-20 crop-year-to-date, and
Traders and farmers alike will eventually need some sort of guidance as to what’s being planted in 2020.
Grain Markets, Markets

Farmers, traders will have to make do without crop area report

StatsCan isn’t sure it has enough information for a credible report

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Statistics Canada will not issue its crop area report on April 24 as originally scheduled. The COVID-19 pandemic has forced the federal agency to rethink its tasks, and one major change was to postpone a number of upcoming agricultural reports. Ken Ball, a trader for PI Financial in Winnipeg, suggests the markets can do just
Canola seed, oil and meal. (Photo courtesy Canola Council of Canada)
Crops, Markets

February’s oilseed crush lower than January’s

Canola, soybean crush down on month, StatsCan reports

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MarketsFarm — As has often been the case, February 2020’s oilseed crush was lower than January’s, according to Statistics Canada’s latest report released Thursday. More than 812,600 tonnes of canola were crushed in February, down 4.9 per cent from January. Also, there were 144,260 tonnes of soybeans crushed in February, for a drop of 10.7
(Dave Bedard photo)
Crops, Markets

Pandemic to delay StatsCan’s agriculture reports

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MarketsFarm — Farmers, commodity traders and market analysts will have to wait a while for agriculture-related reports from Statistics Canada in 2020. The main reason for the delay is the COVID-19 pandemic, said John Seay, an analyst with StatsCan’s agriculture, energy, environment and transportation statistics branch in Ottawa. “Given the COVID-19 outbreak, senior management is
(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Cattle inventories continue to decline, StatsCan says

Canada's hog herd also down on year

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MarketsFarm — Canada’s cattle herd in 2019 continued on its generally consistent path of declining numbers, according to new data Statistics Canada released Tuesday. Aside from a few slight increases in 2012, 2013 and 2018, Canadian cattle inventories have moved lower since 2005. At 11.2 million head, the reported number of cattle on farms in

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