Insights and Stories on Statistics Canada

Jun. 21, 2023 at 8:01 pm CDT

MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets released by the U.S. Environmental Protection Agency failed to live up to expectations, sparking a speculative selloff in soyoil. While […]

By Phil Franz-Warkentin

Jun. 20, 2023 at 12:54 pm CDT

Ottawa | Reuters — Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods and services in its Consumer Price Index, giving more prominence to changes in the prices of food and gasoline. The reweighting, which Statistics Canada carries out every year, has historically had only […]

By David Ljunggren

May. 29, 2023 at 5:03 pm CDT

MarketsFarm –– Producer deliveries of major grains last month were up nearly 40 per cent when compared to April 2022, according to Statistics Canada (StatCan). In April 2023 more than 3.44 million tonnes of grain were delivered, versus 2.46 million a year ago. The uptick in deliveries continued to demonstrate […]

By MarketsFarm

May. 29, 2023 at 4:18 pm CDT

Farmers’ realized net income dropped by over eight per cent in 2022 as expenses outpaced the rise in cash receipts, a new Statistics Canada report says. Realized net income is the difference between cash receipts and operating expenses, minus depreciation and plus income in kind. When cannabis is included, realized […]

By Geralyn Wichers

May. 9, 2023 at 7:45 pm CDT

MarketsFarm — For MarketsFarm Pro analyst Mike Jubinville, there was little in the latest Statistics Canada (StatCan) grain stocks report that would budge the markets. “When I look at the run of StatCan reports that we get through the year, whether they’re acreage, production or ending stocks, this report in […]

By Glen Hallick - MarketsFarm