Canada Markets

December spring wheat closed lower for a third day on Tuesday, breaking certain levels of chart support while holding above others. It appears a combination of commercial and noncommercial selling interests may be behind the move.

Agriculture and Agri-Food Canada's June supply and demand revisions would indicate that 2019-20 ending stocks for all principal field crops will grow by 1.9 million metric tons, down from 2.9 mmt estimated last month. Four major crops are forecast to see stocks increase from...

December oats reached a contract high on Friday, while balance sheets continue to reflect a tight situation for oats in 2019-20, jeopardized even further by uncertainty surrounding yield potential.

While new-crop winter wheat futures have run on weather concerns, concerns have eased over the spring wheat crop with the new-crop trade battling technical resistance.

Each week DTN asks producers for their thoughts on timely issues affecting the industry. Here is a look at some of the most recent results.

November canola futures remain range-bound with stochastic momentum indicators on the daily chart pointing sideways. While conditions on the Prairies remain dry, bearish arguments remain for both canola and soybeans.

Saskatchewan came up mostly short in terms of precipitation received during the past seven days. Here we look at both the 1988 and 2002 droughts and the effects they had on yields for selected crops.

Canada's trade deficit with the world fell to the lowest level seen in six months in April, with a favorable combination of higher exports and lower imports. Canada's wheat exports are a positive factor and received a mention in Statistics Canada's monthly commentary. Here is a...

The Saskatchewan government's first look at crop conditions shows the crops ranging largely from poor to good overall, with widespread rain needed soon.

The Canadian Grain Commission's April export data shows Canada's cumulative wheat shipments up 15.9% from the same period in 2017-18. Cumulative sales place Indonesia as the largest customer, while China is second, with cumulative volumes shipped well-ahead of recent years.

The first 2019 release for the Crop Condition Assessment Program shows the vegetative index lower to much lower than normal for the Prairies as well as Ontario and Quebec, as of May 26, although for much different reasons.

Weeks 42 and 43 saw close to a combined 1 million metric tons of wheat exported, the largest volume shipped in any two consecutive weeks for several crop years. The five-year average pace of movement for both wheat and durum point to the potential for Agriculture and...

A tight balance sheet for barley, along with unfavorable weather conditions for both the Prairies and the U.S. Midwest has pushed barley prices sharply higher over recent weeks.

Statistics Canada reports Canada's net-farm income plunging by 45% in 2018, with crop receipts reported as close to unchanged while expenses are reported at a record high. Here we look at the farm receipts of major field crops, stripping out data reported such as fruits...

Concerns of dry weather in the Prairies, potential frost damage and wet Midwest weather have pushed the new-crop November contract higher for four consecutive days, breaking resistance on the way. New-crop basis remains stable.

The European wheat crop production potential has been forecast higher this month, although the nearby European milling wheat contract has rallied sharply higher this week while breaking technical resistance. Concerns about the U.S. crop is driving global markets.

Canada's canola crush saw the volume of seed crushed increase for the second straight month in April, and is on track to reach current crop-year demand forecasts.

December spring wheat posted its fourth consecutive higher weekly close this week as traders eye late planting in the northern states and dry conditions on the Prairies. Spillover from winter wheat trade also played a role this week. The move was well-supported by commercial...

Seeding in Saskatchewan is estimated at 73% complete, ahead of last year and well-ahead of the average pace as of May 20. Cool and dry conditions have slowed emergence.

November canola trade has held in a narrow range in recent days, with bearish fundamental data shown perhaps tempered by current dry conditions on the Prairies.