Canada Markets

Weekly grain receipts at terminals on the west coast, which includes Vancouver and Prince Rupert, along with Thunder Bay have remained steady over the past 11 weeks since week 38. The most recent week 48 data indicates weekly receipts of 723,000 metric tonnes, slightly below the average of the last 11 weeks which calculates close to 733,000 mt. This compares to the crop-year high of 806,300 mt in week 43 and the lows seen in the combined weeks of 21 and 22 when 550,640 mt were receipted over the two-week period.

Complaints still register in the trade over the continued focus on western movement which is affecting movement in other directions and can be seen in the year-to-date data. As of the week 48 data, 22.158 million metric tonnes have been receipted at West Coast terminals, which are 23% above the average movement seen over the past three years, as of the same week. Movement to Churchill as of week 48 at 574,800 is 11.4% above the average of the year-to-date data as of week 48 over the past three years. Terminal receipts at Thunder Bay, totaling 5.842 mmt as of week 48, are 16.2% above the same week's year-to-date average over the past three years.

Primary elevator shipments on the Prairies in week 48 totaled 851,000 mt, the lowest level in 14 weeks. The average shipments over the past four weeks are 937,575 mt. The highest weekly shipments totaled 979,700 mt in week 39, while the lowest volume week was seen in week 20 of 432,200 mt. Week 48 shipments from Manitoba totaled 146,400 mt, the highest in four weeks and compares to the week 7 crop-year high of 188,400 mt. Week 48 shipping from Saskatchewan totaled 423,800 mt, the lowest in five weeks and compares to the week 9 high of 518,100 mt. Weekly primary elevator shipping from Alberta was reported at 271,500 mt, the lowest in seven weeks and compares to the week 32 high of 355,300 mt.

DTN 360 Poll: There will be ongoing debate surrounding the number of acres that will not produce a crop this year on the Prairies, whether it never did get seeded or whether it was flooded after the fact. How many acres of all crops do you feel have been lost on the Prairies? You can share your thoughts on DTN's 360 Poll on the lower right of you DTN Home Page. Thanks for your input.

Cliff Jamieson can be reached at cliff.jamieson@dtn.com

Follow Cliff Jamieson on Twitter @CliffJamieson

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