Chicago | Reuters — Live cattle futures exceeded a three-week high at the Chicago Mercantile Exchange on Monday on worries about tightening U.S. supplies, while feeder cattle futures set a two-month high. Traders focused on a monthly U.S. Department of Agriculture report, issued after the market closed on Friday, that showed cattle placements into feedlots […] Read more
U.S. livestock: CME live cattle top three-week high on supply worries
Lean hog futures up with slaughter pace
Winter unlikely to be a cure against drought
Reading Time: < 1 minute It’s not as bad as a year ago, but the moisture situation heading into winter wasn’t good either, the province said in its final Agricultural Moisture Situation Update of the season issued Oct. 25. A year ago, most of the province had moisture deficits that are only seen once every 25 to 50 years. Things […] Read more
Drought expands across western Prairies
MarketsFarm — Drought conditions expanded across Alberta and Saskatchewan in October, with very little precipitation across the agricultural regions of the two provinces since August. That’s according to the latest Canadian Drought Monitor from Agriculture and Agri-Food Canada, as of Oct. 31. At the end of that month, 72 per cent of the Prairie region […] Read more
Pulse weekly outlook: Chickpea prices rise amid tight supplies
Supplies still haven't recovered off 2021
MarketsFarm — Chickpea prices in Western Canada are on the rise due to tight supplies, according to one trader. Prices for Kabuli chickpeas rose five cents per pound from last month, with high-delivered bids ranging from 40 cents/lb. for the seven-millimetre variety to 55.5 cents/lb. for 10-mm, according to Prairie Ag Hotwire. In comparison to […] Read more
Christmas came in June this year on most farms
On most farms, taps were only turned on for a short while — but the timing was perfect
Reading Time: 4 minutes If you were to tell the story of the 2022 growing season in Alberta, it would be impossible not to mention that rainfall. “The story of the year is June rainfall,” said Stuart Chutter, senior analyst with the Agriculture Financial Services Corporation. [RELATED] Rain sprouts hope among southern Alberta farmers The growing season started out […] Read more
The quest for drought-tolerant wheat heats up
A hotter, drier future looms but breeding for drought tolerance is a complicated business
Reading Time: 5 minutes The push to breed drought-resistant wheat has taken on new urgency as dry times become more common and more severe. “Drought is big on everybody’s minds these days,” said Harpinder Randhawa, a wheat breeder with Agriculture and Agri-Food Canada’s Lethbridge research centre. “Especially in Western Canada, we rely heavily on the natural water availability of […] Read more
Shallow Mississippi River expected to persist as dry winter hits U.S. South
River levels at historic lows this fall
Reuters — Low water levels on the Mississippi River are likely to persist this winter as drier-than-normal weather is expected across the southern U.S. and Gulf Coast, U.S. government forecasters said on Thursday. Drought, which currently spans 59 per cent of the country, is expected to continue or worsen in the middle and lower Mississippi […] Read more
U.S. winter wheat growers seed into dust as Plains drought persists
Chicago | Reuters — With seeding roughly halfway complete, the 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the southern Plains, wheat experts said. Seeding plans may be scaled back in the U.S. breadbasket despite historically high prices for this time of year, reflecting rising global […] Read more
Drought-stricken B.C. bracing for floods when rains return
Reuters — British Columbia on Thursday warned residents to prepare for flooding when rains eventually return after a prolonged drought exacerbated by climate change that has raised concerns about long-term damage to ecosystems ranging from glaciers to salmon rivers. The usually rainy western province has experienced weeks of record-breaking warm fall temperatures and minimal precipitation […] Read more
Pulse weekly outlook: Saskatchewan’s pulse harvest seen as average
MarketsFarm — As the harvest in Saskatchewan wraps up for 2022, pulse specialist Dale Risula said pulse crops were quite good this year — a definite improvement over last year’s drought-stricken production. “Overall for the province we will likely see average production this year, although some areas suffered pretty badly,” Risula said. He said there […] Read more