Manitoba crop report: Most of the harvest off the field
WEB1 day ago · Tagged harvest, manitoba, Manitoba Crop Report. Combining in Manitoba advanced 12 points at 85 per cent complete for the week ended Oct. 7. While some crops made great amounts of progress, others did not. The largest gains were made in the province's soybean and flax harvests as they are up 41 …
Hurricane unlikely to fuel long-term fertilizer price increase, analyst ...
WEB1 day ago · While the price of urea fertilizer has spiked at the Gulf of Mexico as Hurricane Milton bears down on Florida, that increase is unlikely to affect Canadian farmers much, said MarketsFarm analyst Bruce Burnett. “There has a been a spike in the market down at the Gulf, so that eventually translates ...
Land values continue to rise: FCC - AGCanada - AGCanada
WEB2 days ago · Glacier FarmMedia —Farm Credit Canada’s mid-year review shows cultivated farmland values rose an average of 5.5 per cent in the first half of this year. From July 2023 to June 2024 the increase was 9.6 per cent. J.P. Gervais, the federal crown corporation’s chief economist ,said values are increasing at a slower rate but described the ...
FCC's top economic charts to monitor in 2024 - AGCanada
WEBJan 12, 2024 · Crops: Canola crushing set a first quarter record. Canada’s canola crushers set a record in the first quarter of the 2023/24 marketing year as new capacity came online (Figure 2). Canadian canola crush expansion was initially slated to add 4.5 million metric tonnes in 2024 however, rising construction costs, higher interest rates, and tight canola supplies the last several years have led to ...
ICE canola weekly outlook: Rising market hits resistance
WEB1 day ago · Glacier FarmMedia | MarketsFarm — The ICE Futures canola market climbed to its highest levels in two months to start October, but ran into resistance and may now need an outside catalyst to continue the uptrend. Economic stimulus measures announced by China in September contributed to the recent strength in canola, with a reversal of the ...
Early signs point to increased crop production in 2024/25: AAFC
WEBJan 22, 2024 · However, total wheat production in 2024/25 is forecast to increase to 33.296 million tonnes, from 31.954 million in 2023/24 due to an expected increase in yields. Canadian wheat exports are forecast to rise to 24.350 million tonnes in 2024/25, from an estimated 23.200 million in the current marketing year. The …
Good demand expected for Canada’s two biggest crops
WEBJul 22, 2024 · Stephen Nicholson is predicting high demand for wheat and canola. There should be good demand for Canada’s two biggest crops this year, an economist says. Stephen Nicholson, global sector strategist of grains and oilseeds for Rabobank, said the U.S. hard red winter crop is big and getting larger as the weeks tick by.
Canadian crop production bounces back, StatCan reports
WEBAug 29, 2022 · MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts ...
Larger Canadian crops predicted in AAFC’s first 2022 outlook
WEBJan 24, 2022 · MarketsFarm — A return to trend-line yields after the past year’s drought should lead to a significant increase in Canadian crop production in 2022, according to the first supply/demand estimates for the 2022-23 season from Agriculture and Agri-Food Canada (AAFC), released late Friday. Seeded area is expected to be up for wheat and the pulses, but down slightly for canola.
Only minor acreage shifts expected for most Canadian crops in 2024
WEBJan 24, 2024 · Glacier FarmMedia — Early planting estimates from Agriculture and Agri-Food Canada called for only minor adjustments to most major crops grown in the country in 2024, with reductions in wheat, canola and barley acres, and increases in oats and pulses.. AAFC included its first estimates for the 2024/25 marketing year in its January supply/demand report, released Jan. 22.