Canada Markets

Cash bids reported by the Saskatchewan government for wheat, durum and canola continue sideways, while producer deliveries remain at above average levels across the Prairies. In the case of canola, commercial stocks are well above average as of week 13.

DTN's 360 polls gives readers the ability to share their thoughts on a variety of issues affecting the industry. Here is a summary of results obtained in recent polls.

Ahead of AAFC's monthly supply and demand estimates, we look at the current pace of exports as compared to the five-year average pace to see where revisions may be made in the upcoming November report.

The Alberta government has released its last crop report for the season, with significant acres that won't see further harvest activity until spring. When compared to 2016, the area affected is much more concentrated.

February rapeseed has closed higher-lower-higher-lower this week, while gains so far match the largest weekly gain seen over the life of the contract. A break of resistance this week leaves this contract poised to test resistance from September highs.

A great deal of uncertainty remains over this year's harvest area, yield and quality as the 2019 harvest nears an end. Exports are well ahead of last year while buyers have stepped-up interest in green peas.

Statistics Canada commentary noted weakness in agriculture exports in September, largely due to the September volume of canola exports being the smallest monthly volume shipped since August 2013. Here is a summary of September data as it pertains to selected crops and...

According to the Ag Transport Coalition data, demand for hoppers to load is trailing 2018-19 and the four-year average, although the spread is narrowing. Both railways continue to spot well over 90% of the cars wanted within the week wanted.

Cumulative deliveries of all grains appear to be a record as of week 12, while only deliveries of wheat lag the year-ago volume of the major grains selected for review. Deliveries of grain into primary elevators are higher than last year for all provinces except Alberta for the...

Spring wheat futures are viewed as cheap relative to historical levels and this is a period of normal seasonal strength. Thursday's trade shows the December contract ending higher for the first time in six sessions.

The Canadian Grain Commission updated its harvest sample results for wheat and durum as of Oct. 29. Wheat data shows deteriorating results over the past two weeks, while durum results have stabilized.

The Canadian Grain Commission's export data through licensed facilities is viewed in comparison with recent years, while we look at how movement of various crops to China has been affected.

Canola ended near the mid-point of the range traded over the past seven sessions on Monday, while both commercial and noncommercial traders send bearish signals despite the challenging harvest conditions facing the final 20% of the crop.

Statistics Canada reported a September dip in Canada's canola crush from the volume crushed in August, although the two months combined show a record start for the crop year. Strong soyoil prices have driven the Canadian Canola Board Margin Index to its highest level in more...

An estimated 83% of Saskatchewan's harvest is viewed as complete as of Oct. 21, trailing the estimated five-year average by 10 points, the narrowest spread seen since late August. The northern regions have faced more favourable conditions in recent weeks when compared to the...

Cash durum markets are showing strength, given uncertainty surrounding crop yields and quality.

The receipts of major grains at western terminals are higher than last year in the first 10 weeks of the crop year, but below the five-year average. Durum is the only crop where unloads are ahead of the same period of 2018-19 and the five-year average, while unloads of...

November canola dipped below $450/metric ton this session for the first time this month, reaching a low for the month while testing various levels of support.

The five-year average exports through licensed terminals as of week 10 is used to project forward for 2019-20. What stands out in this analysis is a slow pace of wheat and flax exports, while the pace of durum movement remains well ahead of recent years.

The Canadian Grain Commission updated its harvest grade data for red spring wheat and durum as of Oct. 16. Given the two-week lag in releasing the data and the samples graded to date well below the total number graded in 2018, the distribution of grades remains posed to...