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Stats Can Releases Latest Model-Based Principal Field Crop Estimates

Statistics Canada released its model-based principal field crop estimates on Tuesday.

Overall, the report shows Canadian farm operators are projected to produce more corn for grain in 2021, but less wheat, canola, barley, soybeans and oats than in 2020, according to recent yield models using satellite imagery. Lower production has largely been driven by ongoing drought conditions in Western Canada, which are expected to lead to a decrease in yields.

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2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?

Video: 2026/27 South American Early Soybean Planting Pace a Record + A Repeat of 1998 in Hogs?


Despite a Super Strong El Nino the early South American soybean planting pace is ahead of schedule.
The long-term forecast looks dry for the North but wet for the South including Argentina.
China bought 1.5 mmt of U.S. soybeans this week with rumors of 2 mmt and now at 68% of 25 mmt commitment.
The question mark remains the Chinese pledge towards the $17 billion in ag purchases.
NOPA weekly crush report was lower than expected. Another hot U.S. wholesale inflation print this week.
Investors rotating out of AI
Weak U.S. pork demand weighing on hogs
+ CFTC.