Stats Canada released its quarterly stocks estimates this morning, and today's numbers again highlighted the magnitude of Canada's 2013 crop production.
Stats Canada released its quarterly stocks estimates this morning, and today's numbers again highlighted the magnitude of Canada's 2013 crop production. All wheat stocks as of 31 March totaled 31.2 MMT, compared with 14.5 MMT a year ago. Canola stocks reached 9 MMT, compared with 4.5 MMT a year ago. Bartley stocks were also sharply higher at 4.3 MMT, compared with 3 MMT on 31 March 2013. The wheat stocks number was the largest in 20 years, while the canola stocks number was an all-time record. None of these numbers were a surprise to the market. The huge 2013 crop production coupled with...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...