Insights and Stories on Statistics Canada

Apr. 25, 2019 at 1:34 pm CDT

MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 […]

By Phil Franz-Warkentin

Apr. 24, 2019 at 7:08 pm CDT

MarketsFarm –– Statistics Canada’s acreage report has provided something of a much-needed bounce for canola bids. Canola hit a record low Tuesday, with the May contract at $437.80 per tonne and the July contract at $446.10 per tonne. The primary reason for the huge drop was the price of soybeans […]

By Glen Hallick - MarketsFarm

Apr. 24, 2019 at 5:33 pm CDT

Chicago | Reuters — U.S. corn futures fell to their lowest level in seven months on Wednesday and spot soybean futures hit a 5-1/2-month low on ample global supplies and dimming prospects for U.S. export business, analysts said. Wheat also declined, with Chicago Board of Trade futures hitting a one-month […]

By Julie Ingwersen

Apr. 24, 2019 at 10:07 am CDT

Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in […]

By Rod Nickel

Apr. 23, 2019 at 5:24 pm CDT

MarketsFarm — Unpredictable weather overseas resulted in robust fababean prices during 2018’s harvest, and Canadian producers expect these prices to hold throughout the 2019 growing season. “For the growers that managed to get fababeans off their field, I think they were probably quite happy with the markets in 2018,” said […]

By Marlo Glass – MarketsFarm