StatsCanada released the results of its survey of farmers on their planting intentions this year. The survey was conducted during March and, given developments since then, some of the numbers were surprising:
Canola acres could fall 6.7 percent despite record high futures prices. This could be one crop that farmers ultimately decide to plant more than they thought they would back in March. The wheat area was expected to expand, and it will, especially for durum where supply and use hit a 20-year low on drought impacts. The largest percentage increase in area will be in oats, where global ending stocks are down 25 percent and off 15 percent from the five-year average. Pulses are the new alt-meat protein and supposedly a trending...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...