Insights and Stories on Statistics Canada

Jul. 21, 2021 at 6:15 pm CDT

MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking weighed on values. “The trend is higher, but you can’t go up forever,” said trader Ken Ball of PI Financial […]

By Phil Franz-Warkentin

Jun. 29, 2021 at 7:36 pm CDT

MarketsFarm — Canadian pea and lentil acres only saw slight adjustments in the latest acreage estimates Tuesday from Statistics Canada, with little market news to draw in extra area since the previous report in April. “When you see all the hard commodities, their prices are fantastic. That’s the main reason […]

By Adam Peleshaty

Jun. 29, 2021 at 1:27 pm CDT

MarketsFarm –– Canadian farmers seeded more canola in 2021 than originally intended, with a number of other crops also seeing adjustments higher as dry weather through the planting season allowed for a fast seeding pace. In its June estimates of principal field crop areas, released Tuesday, Statistics Canada pegged total […]

By Phil Franz-Warkentin

Jun. 25, 2021 at 6:09 pm CDT

MarketsFarm — Just days prior to Statistics Canada issuing its latest survey-based crop acreage report on Tuesday next week, analysts are estimating a rise in canola acres at the expense of wheat. “Coming through the winter and towards spring seeding, we were looking at canola prices that were at their […]

By Adam Peleshaty

Jun. 24, 2021 at 8:35 pm CDT

MarketsFarm — Well covered with grain for now, feedlots are beginning to set their sights on the new crop. Drought conditions on the Prairies and the U.S. northern Plains are causing new-crop feed wheat and feed barley prices to go up, according to a Saskatchewan-based trader. “Demand for old crop […]

By Adam Peleshaty