Insights and Stories on Statistics Canada

Sep. 15, 2021 at 8:02 pm CDT

MarketsFarm — At least for the foreseeable future, ICE Futures canola is likely to remain rangebound, according to analyst David Derwin of PI Financial in Winnipeg. The November canola contract has support at $850 per tonne and when it bumps up to around $900 it’s quickly pulled back, he said. […]

By Glen Hallick - MarketsFarm

Sep. 14, 2021 at 3:43 pm CDT

Chicago | Reuters — Chicago wheat futures firmed two per cent on Tuesday, strengthened by global supply concerns amid strong demand, while a weaker U.S. dollar supported U.S. trade. Corn inched higher after a weekly decline in U.S crop conditions reported by the U.S. Agriculture Department (USDA). Soybeans traded both […]

By Christopher Walljasper

Sep. 14, 2021 at 1:58 pm CDT

MarketsFarm — Canadian pulse markets could see a ‘radical shift’ in the current crop year as drought conditions led to sharp reductions in pea and lentil production. Statistics Canada’s September principal field crop estimates, released Tuesday, and the previous report on Aug. 30 were determined by yield models using satellite […]

By Adam Peleshaty

Sep. 14, 2021 at 12:16 pm CDT

MarketsFarm — Drought conditions across Canada’s Prairies cut into yields throughout the region in 2021, with production of most of the major crops downgraded by Statistics Canada in updated crop estimates released Tuesday. Using satellite imagery, the government agency now sees total canola production for the 2021-22 crop year at […]

By Phil Franz-Warkentin

Sep. 13, 2021 at 5:50 pm CDT

MarketsFarm — Barely two weeks after Statistics Canada projected 2021-22 canola production to come in around 14.7 million tonnes, the U.S. Department of Agriculture forecast the Canadian oilseed crop to be about 14 million tonnes. Now, a few days after USDA’s supply and demand estimates, Statistics Canada is already set […]

By Glen Hallick - MarketsFarm