Statistics Canada published higher-than-expected estimates for several major Canadian crops in its crop production report on Wednesday. The report includes the final production estimates for 2017 (although they can still be revised for two years.) For canola, StatsCan estimates production of 21.3 million tonnes, up from 19.7 million in the September StatsCan report and 19.6... Read More

On Friday, Statistics Canada released its third-quarter economic report, which included an update on gross domestic product and job growth. With the Canadian government boasting a strong economy and North American Free Trade Agreement (NAFTA) negotiations in an arguably precarious situation, many experts are watching the domestic economic climate very closely. Some of the highlights... Read More

Grain markets started the month of December in the green, supported by the turning of calendars and a lower U.S. dollar. The decline of the U.S. Greenback was mainly related to a heavy geopolitical risk news day that pressured equity markets. This news included a North Korean missile launch, a new tax bill in the... Read More

Grain markets this week were fairly muted due to a shortened trading week at the Chicago Board of Trade. While Americans were crushing turkey and NFL football, Chinese import data was published, showing that they bought over 480,000 tonnes of vegetable oils in October — that’s a 78% increase year-over-year. Palm oil prices popped as... Read More

Construction of Manitoba's new pea processing plant at Portage la Prairie is on schedule for its planned 2019 startup. John Buch, grain department manager for French food ingredient company Roquette, builders of the plant, shared the news at the Grain World conference in Winnipeg, Man. When the plant opens, Roquette will have pea processing capacity... Read More

India’s decision to add a 50 percent import duty on peas is designed to help the country become self-sufficient in pulses, and the government appears to be steadfast in its commitment, says one of India's largest international pulse brokers. Anurag Tulshan, managing director of Esarco Exim Pvt Ltd, told delegates attending the Grain World conference... Read More