Insights and Stories on Tonnes

Sep. 2, 2020 at 8:23 pm CDT

MarketsFarm — ICE Futures canola contracts remained pointed higher during the week ended Wednesday, hitting some of their best levels in two years. However, its upside may be limited as harvest picks up over the next month. “Canola could go a little higher, but we’re probably pushing upper ranges for […]

By Phil Franz-Warkentin

Sep. 1, 2020 at 8:27 pm CDT

MarketsFarm — Canada will have grown a record-large pea crop in 2020 and possibly the second-largest lentil crop ever, according to preliminary estimates from Statistics Canada, released Monday. Using satellite imagery and model-based yield estimates, the government agency pegged the 2020-21 Canadian field pea crop at 4.996 million tonnes. That […]

By Phil Franz-Warkentin

Aug. 31, 2020 at 11:45 am CDT

MarketsFarm — Canada’s farmers will have grown their second-largest wheat crop on record in 2020, according to the first production estimates of the year from Statistics Canada, as released Monday. The government agency pegged total wheat production in the country for 2020-21 at 35.74 million tonnes, up 10.5 per cent […]

By Phil Franz-Warkentin

Aug. 26, 2020 at 7:22 pm CDT

MarketsFarm — Statistics Canada is due to publish its first production estimates for Canada’s 2020 growing season on Monday (Aug. 31). Late-season hot temperatures and a lack of rain may cause Canada’s canola production to be lower than originally expected, according to some market participants. Earlier in the growing season, […]

By Marlo Glass – MarketsFarm

Aug. 12, 2020 at 7:28 pm CDT

MarketsFarm — ICE Futures canola contracts backed away from nearby highs during the week ended Wednesday, signalling that the top may be in for the time being as the harvest gets started. “There’s clearly been a shift in canola,” Ken Ball of PI Financial in Winnipeg said of the move […]

By Phil Franz-Warkentin