Tag: Prairie Farm Consulting

Chinese Dockage Rules Could Halt Record Run for Canadian Canola Demand

2015-16 was a record year for Canadian canola demand. Export and domestic consumption surpassed the 19 million tonne mark, according to crop year-end numbers from the Canadian Grain Commission — a 16.6 percent jump from 2014-15. “The fact that’s versus 16.3 million tonnes last year. That’s almost mind-boggling,” says Brian Voth of Prairie Farm Consulting…. Read more »

US Corn and Soybeans Forecast to Smash Records (But Futures Traders Aren’t So Sure)

They’re not splashing in the green pool or swinging from the parallel bars in Rio, but like their athletic compatriots, American farmers are breaking records. That’s if you believe the latest numbers from the US Department of Agriculture. The USDA issued its monthly supply/demand report on Friday. Here are some of the upsets/highlights: A 7.1 bushels/acre… Read more »

Wheat School: While Global Wheat Supplies Are Huge, Canadian Stocks Are Getting Tight

Coming off record global production last year, world wheat supplies are massive. And yet, growing year-over-year ending stocks have not translated into a major decline in cash wheat bids for Canadian farmers. That’s mainly due to two related factors: the weak Canadian dollar and tightening Canadian supplies — a function of the weak dollar driving exports and farmers producing less… Read more »

Canola School: Supply Crunch Looming for Canola?

Canola supplies will likely be tight leading up to harvest this fall, and could be even tighter in 2017 based on StatsCan estimates, average yields and demand trends. “The market is definitely telling us supplies are not going to be as abundant as what we’ve had over the last few years, and I would say it… Read more »