Insights and Stories on Statistics Canada

Aug. 30, 2021 at 2:06 pm CDT

MarketsFarm — Production of most of Canada’s major grain, oilseed and pulse crops was down substantially in 2021-22, as drought conditions across the Prairies cut into yields, according to preliminary estimates released Monday by Statistics Canada. Of the major crops, only corn was expected to see a slight increase in […]

By Phil Franz-Warkentin

Aug. 27, 2021 at 3:34 pm CDT

MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when Statistics Canada on Monday releases its first production estimates of the year. Canola production is estimated at 11.5 million to […]

By Phil Franz-Warkentin

Aug. 26, 2021 at 4:42 pm CDT

MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the […]

By Glen Hallick - MarketsFarm

Aug. 25, 2021 at 6:57 pm CDT

MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, hitting their lowest levels in nearly a month before recovering back toward the upper end of their wide sideways range. A new production report from Statistics Canada, due out Monday (Aug. 30), could set the […]

By Phil Franz-Warkentin

Aug. 25, 2021 at 6:03 pm CDT

MarketsFarm — Choppiness in Chicago Board of Trade (CBOT) soyoil, a potential increase in corn prices and an upcoming production report from Statistics Canada are factors on which grains analyst Terry Reilly suggests keeping an eye. Soyoil has been hit by early reports that the U.S. Environmental Protection Agency was […]

By Glen Hallick - MarketsFarm