Statistics Canada

Statistics Canada has dramatically lowered its canola production estimate for 2024. This latest estimate is based on a November survey of Canadian farmers while previous reports in July and August were based on remote sensing and agroclimate data: There has been a great deal of debate and speculation regarding the final canola production number. Provincial […]

The canola market is about as cold as the current Saskatchewan weather. Threats of US tariffs, potential changes to American biofuels policy and concerns about Chinese countervail duties have pushed canola values below what they should be based solely on the current supply and demand situation. Ken Ball is a senior commodity futures advisor with […]

Trade export data from Statistics Canada show Saskatchewan exports to the United Kingdom, France, and the Netherlands increased overall in 2023. Uranium was the main driver of those exports – 87.3 per cent of Saskatchewan uranium went to the Netherlands, 70.8 per cent to the U.K., and 47.3 per cent to France. The province says […]

Statistics Canada released its report on stocks of major crops as of July 31st, 2024. It shows total stocks of canola and barley were up compared to the same date a year ago, but stocks of wheat, oats, dry peas, and lentils were down compared to a year prior. Total wheat stocks as of the […]

Crop yields in Saskatchewan are better than last year, but the decline in prices will mean lower overall returns. Using Statistics Canada estimated yields and comparing them to the estimated yields from one year ago, all crops are showing a significant increase. It should be noted that the Statistics Canada yields do vary from those […]

Farm cash receipts from crops decreased in the first six months of the year as compared to 2023 while livestock receipts were higher. According to Statistics Canada, farm cash receipts for Canadian farmers totalled $47.4 billion in the first two quarters of the year, down $1.6 billion from the previous year. Crop receipts fell $3.3 […]

Statistics Canada released model-based projections of production of various crops for each province on Wednesday morning. In Saskatchewan, they expect more canola, durum, lentils, oats, dry peas, and flaxseed to be produced, but less spring wheat, barley, and mustard seed. Production for canola is anticipated to be 10.6 million tonnes this year; spring wheat 11 […]

Statistics Canada has released a balance sheet for the agricultural sector of the country. The report details assets, liabilities and equity for agriculture in each province. Stats Canada says the value of equity in Canada’s farm sector totalled nearly $785 billion as of December 31, 2023. This is up $55 billion or 7.6 per cent […]

Statistics Canada has released a blizzard of farm income and expense statistics for 2022, 2023 and the first part of this year. In both 2022 and 2023, Alberta had higher farm cash receipts than Saskatchewan. However, Saskatchewan led all the provinces by a wide margin when it comes to net farm income. Realized net income […]

The Canadian cattle herd has fallen to its lowest level in more than 30 years. Statistics Canada reports on January 1st, there were 11.1 million cattle and calves on farms, down 2.1 percent from the previous year. That is the lowest number since 1989. Drought conditions and tight feed supplies, along with good prices, resulted […]