Insights and Stories on Seeding

Apr. 27, 2023 at 3:14 pm CDT

MarketsFarm — Early signs point to increased Canadian feed grain production in 2023-24, with record corn acreage intentions and increases in both barley and wheat area on the year, according to the latest estimates from Statistics Canada. Planted corn area in the country is forecast at 3.725 million acres in […]

By Phil Franz-Warkentin

Apr. 26, 2023 at 11:26 am CDT

MarketsFarm — Canadian farmers intend to plant more wheat and canola in 2023, with soybeans, corn and barley area also forecast to expand, according to Statistics Canada’s projections for field crop area. The increases in those crops will come at the expense of oats, lentils and peas, with intended summerfallow […]

By Phil Franz-Warkentin

Apr. 24, 2023 at 6:43 pm CDT

MarketsFarm — If traders and analysts are correct with their estimates, there will be slightly more wheat and canola acres seeded in Canada this year compared to 2022. Statistics Canada (StatCan) will release its first survey-based acreage estimates for the 2023-24 marketing year on April 26. Other than drier and […]

By Adam Peleshaty

Apr. 23, 2023 at 2:22 am CDT

MarketsFarm — Despite adverse weather conditions in both Canada and the U.S., as well as poor growing conditions south of the border, western Canadian wheat bids saw slight increases for the week ended Thursday. A spring snowstorm descended on eastern Saskatchewan, western Manitoba and North Dakota on Wednesday and Thursday, […]

By Adam Peleshaty

Apr. 19, 2023 at 5:14 pm CDT

MarketsFarm — Canola contracts on the ICE Futures platform held relatively rangebound during the week ended Wednesday, trading within a $20 per tonne range in most months as market participants wait to get a better handle on new-crop prospects. “There’s some concern developing on seeding delays,” said Jamie Wilton of […]

By Phil Franz-Warkentin