Statistics Canada (StatsCan) has released its gross domestic product (GDP) by industry numbers for August 2021, and it is no surprise that a lack of precipitation caused a significant drop in the agriculture, forestry, fishing, and hunting sector. The category dropped 5.7 per cent, following a 5.5 per cent decrease in July. StatsCan says the record-setting heat… Read More

Statistics Canada’s latest production estimates puts soybean production for 2021 down 7.4 per cent year over year to 5.9 million tonnes. Corn production is expected to climb, however, to 14.4 million tonnes in 2021. Much of that increase is from Ontario, where corn production is expected to increase 7.5 per cent to 9.6 million tonnes, on higher yields (+9.3 per cent… Read More

Just a few weeks ago, Statistics Canada pegged the 2021 canola crop at over 14 million tonnes. The latest report out of the department has decreased that estimate further, to 12.8 million tonnes. “Canola production is expected to fall 34.4 per cent to 12.8 million tonnes in 2021, as drought conditions on the Prairies drove yields to their lowest… Read More

Ontario farmers intended to grow more winter wheat and fall rye compared to 2020, to the tune of 8 per cent and 11 per cent, respectively. According to Statistics Canada’s spring 2021 seeding/planting intentions report, farmers planted over 1.1 million acres of winter wheat, though the estimated acres still in production sits just above 980,000… Read More

Canola production in Western Canada this year dropped to a level not seen since 2015, according to Statistics Canada’s final crop report of the year, published on Thursday (Dec. 3). The agency said national canola production fell from 19.6 million tonnes in 2019 to 18.7 million tonnes in 2020, as the average yield decreased 3.1… Read More

The satellites say: more wheat and corn, less soy and canola are headed to farmers’ bins this fall. Statistics Canada released its preliminary crop production estimates on Monday, which are based on a model that includes satellite data, rather than farmer surveys. “To alleviate stress on farmers during the COVID-19 pandemic, Statistics Canada relied upon… Read More

New data on farm cash receipts for the second quarter of 2020 sheds some light on the early impact the pandemic has had on farm income across the country and across different commodities. Livestock receipts were down $629 million — nearly 10 per cent — from April through June of this year versus the same… Read More

Across Canada, farmers, ranchers, and industry look to Statistics Canada to provide information on what is happening in the industry. Whether it is acre intentions, production reports, or export volumes, Stats Can provides another layer of market information to inform decisions being made up and down the agricultural value chain. This is not only the… Read More

Statistics Canada’s Farm Product Price Index (FPPI) increased 1.4 per cent in December compared with the same month a year earlier, mainly due to higher hog and cattle prices. This was the first increase after three consecutive monthly year-over-year decreases. The FPPI measures the changes in prices that farmers receive for the agriculture commodities they… Read More

 

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