Canada Markets

As of Aug. 19, an estimated 2% of Saskatchewan's crop is estimated as harvested, which is behind average but compares to the progress reported in two of the past five years.

Milling wheat futures in Europe are facing pressure, with the December contract on the verge of testing 2019 lows despite a weaker currency trade that could lead to further downside movement ahead.

Canada's weekly shipments of soybeans have increased in five of the past six weeks. At 164,000 metric tons, exports for week 1, or the week ending Aug. 11, are the largest weekly volume shipped in the 2019 calendar year.

Current estimates of Canada's oat stocks for July 31, 2019 point to tight levels, while growing season challenges and the need to cut oats as green feed may leave supplies tighter than expected in the year ahead. The USDA's estimates call for a 27% increase in oat volumes...

The weekly cash price for No. 1 CWRS reported by Saskatchewan Agriculture was reported as the lowest seen is almost three years this week, while DTN analysis shows that hard red spring wheat tends to bottom in August. Historical government price data would support this...

Saskatchewan Agriculture reports a slow start to harvest activity. When the number of acres swathed, combined or ready to straight cut are totaled and compared to recent years, it points to the need for a long and open fall.

Statistics Canada data through the first 11 months of 2018-19 show that Canada's exports to China were front-loaded across many commodities and reason for concern as we enter 2019-20.

Despite a small cut in the USDA's global wheat stocks estimate reported in the Aug. 12 USDA World Agricultural Supply and Demand Estimates (WASDE) report from the previous month, wheat stocks are up close to 10 million metric tons from 2018-19 and estimated to remain at record...

Spring wheat followed winter wheat futures lower on Monday to reach a fresh contract low. As prices near long-term support, there exist a number of technical and fundamental factors that could act to support prices.

Canola broke out higher from a range that has governed trade for the past five weeks this week, with the help of a larger percentage move realized in competing vegetable oils. Resistance lies at the contract's 50-day moving average.

The No.1 CWRS bid reported by Saskatchewan Agriculture fell over the past week ending Aug. 7, taking out the 2018 low and reaching the lowest level seen since September 2016.

Pressure continues to mount on the Canadian government to address market access issues faced in trade with China.

The Canadian dollar faced weakness on Tuesday after posting weekly losses in each of the previous three weeks. Various levels of potential support are in close proximity.

Alberta Agriculture's latest Crop Report highlights varying conditions across the province, while the crop condition is reported higher than average. Using the past relationship between Alberta Agriculture's late-July dryland yields and Statistics Canada's final estimates for the...

While the Saskatchewan crop is far from the bin, Saskatchewan Agriculture crop condition ratings show continuous improvement since mid-June, with a number of crop ratings exceeding both 2018 and the five-year average for late-July.

Forecasts released by USDA indicate Canada's gasoline use is falling while the ethanol blend rate is increasing. U.S. imports are slowly falling, as is refinery capacity use, allowing flexibility to import or produce as dictated by economics.

As the 2018-19 crop year draws to a close for most Canadian crops, ending stocks of selected grains are estimated based on the historical relationship between commercial stocks reported by the Canadian Grain Commission for week 52 and the total July 31 stocks estimate...

Canada's canola crush was reported as being the lowest in three months in June, while the cumulative crush is 0.1% higher than this time last year. An uptick in activity in July, which has been the trend in recent years, will see the domestic crush achieve the...

AAFC's forecasts point to canola stocks growing in both 2018-19 and 2019-20, while both lentils and corn are forecast to see stocks fall in both years. Here is a look at stocks over the two crop years for various crops.

The November European rapeseed contract reached a fresh contract high on Wednesday, while rapeseed oil in Rotterdam reached its highest close in seven months.