Canada Markets

Early crop year statistics shows a quick start to both canola and wheat exports, while inventories in primary elevators as well as terminal positions are higher than average but far from problematic.

The November canola chart shows prices well-supported while drifting mostly sideways as traders wait for field data.

Recent USDA estimates forecast China's wheat stocks to increase for a fifth consecutive year in 2017/18, as global stocks are expected to reach a record 264 mmt. Estimated stocks in China are seen increasing by the amount of an average Canadian all-wheat crop every two...

Over the past five years, final production estimates for most Canadian crops tend to grow from the estimates made based on July Farm Survey estimates.

Cash bids for durum rail cars were seen easing on Monday, the first time since early April, while crop conditions continue to slide lower.

Bearish technical signals are seen in the spring wheat futures following heavy losses faced in Thursday and Friday trade this week.

As the USDA trims that country's wheat production potential for 2017, the estimated level of imports has grown. Thursday's report shows the potential for 4.1 mmt to be imported, the largest in three years and well-above average.

Vancouver cash canola strengthened $2/mt on Thursday, its first sign of strength in almost two months. This basis is currently weaker than the same date last year, as well as the five-year average, with conflicting signals coming from global markets.

Year-end canola statistics point to the need for prior-year adjustments to account for seed delivered by producers in 2016/17. We also look at the historical relationship between the level of commercial stocks held, as of July 31, to the estimated total ending stocks for the...

Canada's overall exports fell in the month of June, leading to a growing trade deficit with the world. Canada's trade surplus with the United States also fell. Today we look at miscellaneous ag data coming out of Statistics Canada report.

The Canadian dollar reached its highest level in more than two years as of July 28, but has slipped lower for three consecutive sessions, reaching its lowest level in eight sessions.

As we enter the new crop year, large green lentils are bid at levels higher than the previous five-year average, while prices tend to move slightly lower over the month of August as harvest takes place. Red lentil prices have shown signs of improvement over recent weeks but...