Insights and Stories on StatCan

May. 3, 2023 at 4:08 pm CDT

MarketsFarm — After dropping to their weakest levels of the past two years, U.S. wheat futures were due for the corrective bounce that saw all three markets posted sharp gains on Wednesday. Soybeans and corn saw spillover support from the rally in wheat, with all three markets watching weather conditions […]

By Phil Franz-Warkentin

May. 2, 2023 at 1:35 pm CDT

MarketsFarm — With the calendar turning to May and temperatures expected to surpass 20 C this week, pulse seedings are set to begin for parts of Manitoba and Saskatchewan. “Right now, we’re still in a bit of a holding pattern,” said Manitoba provincial pulse specialist Dennis Lange. “We haven’t really […]

By Adam Peleshaty

Apr. 27, 2023 at 3:27 pm CDT

MarketsFarm — Statistics Canada on Wednesday released its first survey-based seeding intentions report for the 2023-24 marketing year, reporting an anticipated 0.9 per cent rise in canola acres, to 21.6 million. The figure occupied the lower end of trade expectations, but StatCan recently adopted a new methodology of conducting the […]

By Adam Peleshaty

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 4:09 pm CDT

MarketsFarm — The three to five inches of rain received Wednesday in Kansas and Oklahoma have put pressure on Kansas City and Chicago wheat prices on the Chicago Board of Trade (CBOT), according to broker Ryan Ettner of Allendale Inc. Added to that, Statistics Canada’s (StatCan) report on prospective plantings, […]

By Glen Hallick - MarketsFarm