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National job vacancy rate increases in ag sector

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CNS Canada — The national job vacancy rate in the agriculture, forestry, fishing and hunting sector is increasing compared to the same period a year ago. Data for the first quarter of 2018, ending April 30, showed a vacancy rate of 6.9 per cent in the sector compared to 5.3 per cent in the first
(Dave Bedard photo)
Crops, Markets

Firm, steady flax prices seen in the cards

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CNS Canada — Farmers with flax in the ground should be pleased come autumn. Statistics Canada revised its seeded acreage estimate downward in late June and that, combined with lower carryout stocks and several other factors, should bring strong prices. “Given the demand in the market from China, the United States and potentially even the
Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops

Canola prices vulnerable after StatsCan report

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CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. “It certainly is a negative number,” said Ken Ball of PI Financial in Winnipeg, referring to the agency’s estimate for canola. StatsCan’s report on Friday
(Dave Bedard photo)
Crops, Markets

StatsCan: Canola area narrows, wheat sowings expand

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Reuters — Canadian farmers seeded less canola and more wheat compared with last year, but they shifted their plans from earlier this spring to sow more land with canola. Canola plantings reached 22.7 million acres, shy of last year’s 23 million, but exceeding the average trade guess of 22.4 million acres. In spring, Statscan estimated
(Dave Bedard photo)
Crops, Markets

Canadian canola area likely above earlier projection

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CNS Canada — Canadian farmers likely seeded more canola in 2018 than initial expectations, but industry participants generally expect to see only minor adjustments when Statistics Canada releases its latest acreage estimates on Friday. “Our idea is that the canola seeded area number is higher than initially reported,” said Jon Driedger of FarmLink Marketing Solutions.
People will soon have to decide which direction they want to take their farms, says one agricultural industry leader.
News, Other

The missing middle

Small farms will focus on domestic markets while the bigger ones will be eyeing foreign sales and mid-size ones will disappear

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It’s a tale of two kinds of farms in Canada, without much in between. The well-established trend to fewer farms will continue in the coming years as smaller operations focus on supplying local markets and the larger ones concentrate on export sales, says Ron Bonnett, president of the Canadian Federation of Agriculture. Small farms will
Blooming rapeseed field at sunset
Grain Markets, Markets

Despite government reports, canola remains rangebound

A new supply/demand report loads weights on U.S. futures

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Canola contracts continued to chop around the $525- to $535-per-tonne range during the week ended May 11, despite some recent government reports that were deemed bullish for the market. The U.S. Department of Agriculture on May 10 released its monthly supply and demand report, in which it lowered its estimate of the ending stocks for

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