Canada Markets

Weekly data released by the AG Transport Coalition points to some improvements in overall rail movement of grain as of Week 30, although there remains a wide gap in performance between the two major railways.

This study looks at the pace of durum producer deliveries and exports, with data supporting the notion that durum supplies are higher than forecast.

Despite the global supply shock in wheat due to the Russian invasion of Ukraine, wheat basis has weakened with no signals of a surge in demand seen in North America.

The long-term continuous active monthly chart shows prices currently testing long term resistance, while a breach could lead to a significant move higher.

This study looks at Statistics Canada's report on farm cash receipts and how the principal field crops contribute to the total.

We look at the day-over-day change in prices for various commodities, equity markets and the Canadian dollar. Volatility was evident across all markets and could very well continue.

December 2022 HRS has reached a fresh contract high for a second day, while the forward curve remains inverted through the 2022-23 crop year.

This study looks at the major changes included in February's Canada: Outlook for Principal Field Crop supply and demand estimates.

Continuous active GMO soybeans on China's Dalian Exchange reached a multi-year high this week, soybean oil reached a fresh contract high while crude palm oil in Malaysia finished the week at an all-time high. Brazil's harvest has failed to reassure buyers.

Feb. 17 trade saw the November contract achieve its first close above $850/mt, a level of psychological resistance, while a level that provided support over much of 2021.

India's Second Advance Estimates show an expected record foodgrains crop for 2021-22.

March spring wheat futures closed lower for the first time in three sessions after facing technical selling resistance for a fourth session.

Despite a significantly lower demand for shipping this crop year, both of Canada's major railways continue to struggle to supply cars in a timely fashion.

While old-crop canola futures reached a fresh contract high on Feb. 10 only to close lower and followed by further potential weakness on Feb. 11, pdqinfo cash basis shows significant weakness to discourage front-end sales.

Each month we look at Statistics Canada's monthly merchandise trade data as it applies to select crops and crop products.

This study looks at Dec. 31 grain stocks estimated by Statistics Canada, along with implications for the remainder of the crop year.

Durum prices continue to slide, with exports to key customers sharply lower and commercial stocks above average in the middle of the crop year.

This study looks at projected exports for 2021-22 based on the five-year average pace of movement during the first half of the crop year while comparing to AAFC's current forecasts. Crop supplies will be a limiting factor for crops such as durum, barley and canola, placing...

The Canadian dollar is holding near the middle of the range traded during the past two months. Investors are showing signs of bullishness in their Canadian dollar trade during recent weeks, while the 20-year seasonal analysis points to early-year lows and continued strength...

Prairie canola basis continues to weaken on the front end as buyers show waning interest in spot positions. New-crop basis is showing signs of strength while the November contract broke resistance to reach a fresh contract high.