After delivering some big surprises in its seeding intentions report back in April, Statistics Canada moved more in line with market expectations in its seeded acreage report published on Friday morning, ahead of the USDA’s latest acreage estimates. The report was based on a survey of approximately 24,500 farms between May 11 and June 12,… Read more »
Tag: Statistics Canada
Do you tell StatsCan the truth?
“Hello, I’m calling on behalf of Statistics Canada. Would you have time…” It’s a familiar phone call for most Canadian farmers when StatsCan conducts its surveys for estimating crop and livestock production statistics across the country. The inconvenience of having to spend the time on the phone, combined with not wanting to share information about what’s… Read more »
Behind the scenes of a StatsCan crop report
Statistics Canada’s crop reports are often subject to criticism, with analysts, traders and farmers questioning or downplaying the accuracy and relevance of the agency’s estimates. Participating in a StatsCan survey when the agency calls or emails you is technically mandatory under federal law, but the running joke is that farmers don’t provide accurate information to… Read more »
StatsCan delivers big surprises in first acreage estimates
Canadian farmers plan to seed far fewer acres of canola and much more wheat than what the market was expecting, according to Statistics Canada’s first acreage estimates for the 2018 growing season. The federal agency published its Principle Field Crop Areas report on Friday, based on a survey of about 11,600 farms between March 2 and… Read more »
StatsCan boosts canola and soybean acreage even higher
Canadian farmers planted 22.8 million acres of canola and 7.3 million acres of soybeans this spring, according to the Statistics Canada acreage report published on Thursday. For canola, that’s well beyond the record area projected in April of 22.4 million, and 12 percent higher than the 20.4 million acres grown in 2016. While there are… Read more »
Ag Census shows more young farmers, slower decline in number of farms
The 2016 Census of Agriculture results were released on Wednesday, painting an overall picture of Canadian agriculture and how it has changed since the 2011 census. Here’s a quick look at the high-level numbers: There were 193,492 farms counted in 2016, down 5.9 percent from 2011. However, this was the lowest rate of decline in 20 years…. Read more »
StatsCan Projects Record Canola Acres, Surprising Wheat Area
A record 22.4 million acres of canola will be seeded in Canada this year, but wheat will remain number one in terms of area, according to the Statistics Canada seeding intentions report published on Friday. The StatsCan all-wheat estimate came in at 23.2 million acres, higher than highest pre-report analyst predictions, which ranged from 21.2… Read more »
Satellite Model Boosts Canola Production Estimate From StatsCan
Statistics Canada published its second annual set of crop production estimates based on a model that uses satellite imagery on Tuesday. The model-based report, which incorporates satellite info, weather conditions and data from previous farm surveys, replaced the September Farm Survey starting last year. The algorithm says the canola crop will be almost 8 percent… Read more »
Harvest Limitations — This Week in the Grain Markets
Grains pushed through the first full week of September with a mix of bearish and bullish headlines, but mostly of the latter as a weaker U.S. Dollar, wet weather, and decent export numbers being supportive. Corn was the shining star for the week, up 3.5% in Chicago, mainly supported by ethanol being up more than… Read more »
Living Large — This Week in the Grain Market
The grain market was filled with lots of pictures this week, thanks to scouts testing Twitter’s ag photo limit by uploading shots of corn cobs as the annual Pro Farmer crop tour ran from Monday to Thursday. The tour showed numbers that came in about 5 full bushels below the U.S.D.A.’s current estimate on the average… Read more »
More Canola and Lentils, Less Wheat — StatsCan Publishes June Acreage Estimates
There were no major surprises as Statistics Canada issued an updated set of acreage estimates on Wednesday morning, ahead of the USDA’s crop reports on Thursday. Lentils and canola both saw significant increases, while cereal crop acres dipped. The report was based on a survey of 24,500 farms between May 27 and June 12, 2016…. Read more »
Musical Chairs — This Week in the Grain Markets
Grain markets rode the roller coaster this week as a myriad of factors played into movements across the complex. Currencies, oil prices, weather forecasts, and money flow played a part in helping the market maintain or increase elevated levels. The oilseed market had a strong finish into the close of trading for the week, as oilseeds… Read more »
$13 Million — StatsCan’s Reason for Running the Census of Ag During Seeding
It’s not like there aren’t enough things for farmers to do at this time of year, but anybody who farms in Canada can add answering questions for the Census of Agriculture to their must-do list for the month of May. Forms for Statistics Canada’s mandatory farm survey have started arriving in a little over 200,000… Read more »
StatsCan Releases First Crop Estimates Not Based on a Farmer Survey
Statistics Canada released its first crop production estimates using a new model-based methodology on Thursday. The model takes into account satellite data, as well as historical figures from the traditional StatsCan Field Crop Reporting Series and agroclimatic information. What wasn’t required in compiling the numbers was a survey of farmers. “The traditional survey relies completely on interviewing… Read more »
Chewing Through Supply: StatsCan Releases Stock Estimates to July 31
Statistics Canada today released its estimates of principal field crop stocks to July 31, 2015, including a bearish supply estimate for the canola market (see table below). Not surprisingly, most major crop totals were down substantially year-over-year, as 2014 levels reflected the stock still in the pipeline from the 2013 bumper crop. Total stocks of wheat decreased 32.0% from… Read more »