Canada Markets

The percentage of Saskatchewan crops rated at or ahead of normal growth stages as of July 16 is well ahead of last year and the average of the past four years for this week. It most closely resembles estimates released in 2016, a year when some combines were reported in...

While spring wheat futures are holding above recent lows, a downtrend remains in place, with bearish signs seen from commercial and noncommercial traders.

One trade estimate points to a significant year-over-year increase in Prairie grain stocks expected, while producer deliveries of all grains into licensed facilities are reported to decline for the fourth straight week.

Momentum indicators on the spot Canadian dollar weekly chart are drifting sideways, while investors are shown to be growing more bearish, holding the largest net-short position seen in over a year. Nearby technical support lies at $.75899 CAD/USD.

USDA's July Oilseeds: World Markets and Trade report shows a sharp reduction in estimated global rapeseed/canola production for 2018/19, although they revised higher their forecast for ending stocks due to a sharp reduction in estimated demand. July International Grains Council...

The Saskatchewan government's rating of the province's crop saw a shift from mostly good as of June 25 to a range of fair to excellent as of July 9. Calculated crop condition indices for a few crops have declined over the past two weeks, although the majority have shown...

Canola closed lower for the third straight session, closing below support at $500 per metric ton. Canola continues to show resilience relative to soybeans, as Chinese buyers suggest they will be looking to reduce their reliance on United States soybeans.

December spring wheat has posted double-digit losses in each of the past two sessions given a bearish response to current conditions from both the commercial and noncommercial sides.

Reflecting on a recent DTN Fundamentally Speaking Blog, we look at Alberta Agriculture's late-June/early July crop condition rating as a determining factor in final yields.

Friday's Canada Markets Blog looks at the latest Statistics Canada Merchandise trade report as it relates to miscellaneous crops and products.

Global wheat markets seem nervous given production being revised lower in various areas of the world, although so far, global estimates are providing no reason for panic.

Pea and lentil prices have shown recent weakness as the 2018 crop advances, while new-crop bids are suggesting that further downside may lie ahead.

The latest Statistics Canada seeded acre estimates for 2018 are inserted into Agriculture and Agri-Food Canada's supply and demand tables in order to calculate crop supplies for 2018/19, and the percent change year-over-year. Supplies of chickpeas, durum, canola, lentils and...