Canada Markets

February European rapeseed suffered its fourth consecutive daily loss on Jan. 9 and could soon be testing December lows.

This study looks at the volume of select crops delivered into licensed facilities over the first 22 weeks of the 2022-23 crop year, while also looking at this volume as a percentage of crop available for delivery.

This study looks at select crop and crop product imports and exports for the month of November and how movement during the first three to four months of the crop year compares to current government demand estimates.

The March contract consolidated in sideways trade on Wednesday, as traders search for direction.

There are numerous sources pointing to ongoing volatility in markets for the year ahead. We look at the year-over-year change in various crop and product prices over the past year.

Canada's November canola crush was down only slightly from the volume crushed in October, while the cumulative crush is slightly ahead of the steady pace needed to reach the recently revised government forecast.

Statistics Canada's wheat milling data shows November wheat milling relatively close to the recent high reached in September, which was the highest monthly volume reported since July 2016. Milling remains at an above average pace over 11 months of 2022, while inflation data for...

As of week 19, total grain stocks instore Prairie elevators are down 9% from the three-year average while total stocks in store terminals are up 6%, due to increased activity on the West Coast.

AAFC's December supply and demand estimates paint a bearish picture for the oat market, with ending stocks for 2022-23 estimated as the fourth highest seen in more than 40 years.

AAFC's latest supply and demand estimates were updated to include Statistics Canada's latest production estimates. This study looks at how this data has affected the forecast for demand and ending stocks, which are compared to 2021-22 and the five-year average.

Statistics Canada reserves the right to revise production estimates for a two-year period following the release of its November estimates, reported in early December. This study looks at the extent to which these revisions have been made during the past five years.

Canola continues to trade sideways overall while struggling to punch through chart resistance.

It is being reported that Ukraine's 2022-23 rapeseed exports have reached 2.9 mmt, already higher than the USDA's forecast for the entire crop year and above the country's five-year average, despite the challenges faced in the war with Russia.

This study looks at AG Transport Coalition data as it pertains to unfilled shipper demand on the Prairies, with a further look at railway cancellations and how this compares to each railway's past performance.

While lentil exports are expected at favorable levels, the price chart continues to show lower highs and the price is diverging from the average trend late in the year.

The March HRS contract bounced this week for a weekly close above $9/bu, a price level that has supported the March contract weekly close since July.

While the European Union is forecasting a sharp drop in rapeseed/canola imports in 2022-23, actual imports are running well-ahead of last year's pace.

The Canadian Grain Commission reported a huge surge in canola exports to China for October. A reported 46% of cumulative canola exports were destined for China over the first three months, the largest percentage seen in eight years.

Statistics Canada reports exports in the farm, fishing and intermediate food products reached a record $5.5 billion in October. This study looks at the October trade in select grains and grain products.

While Canada's canola production estimate was revised lower on Dec. 2, Australia's official canola estimate released Dec. 5 was revised higher, offsetting the lower revision seen for Canada. The ICE Canada future diverged from other markets to close higher.