High demand, scarce supplies and rising prices for hay and other feeds due to this summer’s drought on the Prairies have made a market for online scammers, RCMP warn. The urgency driving such transactions may cause ranchers, farmers and farm workers to make purchases “without taking time to properly verify or research production sources,” Alberta […] Read more
Hay-starved Prairies fertile ground for online scammers
At least $64,000 lost in Alberta alone, RCMP says
U.S. grains: Soybeans touch last December’s lows
Soy, corn production bigger than previously expected, USDA says
Chicago | Reuters — Chicago soybean futures dropped on Tuesday to the lowest seen since December 2020, after a U.S. government report pegged soybean and corn production to be bigger than traders had previously expected. The monthly world agricultural supply and demand estimates (WASDE) report pegged the soybean crop at 4.448 billion bushels, and soybean […] Read more
Exports tumble as supplies simply not there
'There's very little to sell'
MarketsFarm — Cereal and oilseed exports out of Canada nosedived in August just as the 2021-22 marketing began, according to the monthly export report from the Canadian Grain Commission (CGC). At about 2.24 million tonnes, total grain exports were down 38.5 per cent overall compared to those in August 2020. “There’s very little to sell. […] Read more
A ‘challenging year’ for seed supply
Reading Time: < 1 minute It’s not a guarantee of getting your seed order filled but one company says it will do the legwork in trying to find scarce seed for its customers. Canterra Seeds says its online ordering system will have a “secure supply” option that will direct an order to the nearest suppliers. “The goal is to match […] Read more
Surprisingly good harvest quality being reported
Reading Time: < 1 minute The latest provincial crop report was repetitive — but in a good way. The report (conditions as of Sept. 21) used the same phrase for all five regions in the province: “Quality is very good despite the difficult growing season.” It says spring wheat falling into the top two grades ranged from 89 per cent […] Read more
Pulse weekly outlook: Manitoba has an OK dry bean crop
MarketsFarm — As with the great majority of field crops this year in Manitoba, dry beans have seen production fall due to excessive heat and severe drought, according to provincial pulse specialist Dennis Lange. “Dry beans usually do fairly well on drier years, but this year has been extremely dry for a lot of the […] Read more
Prairie quinoa yields likely to be down this year
MarketsFarm — Shortly before the harvest of this year’s quinoa crop in Western Canada is about to start, expectations are for yields to be down from last year, according to Liam O’Halloran of the Northern Quinoa Production Corp. (NorQuin) in Saskatoon. “As well as everything else we had some areas that had a little bit […] Read more
Canary seed prices rise as production drops
MarketsFarm — This year’s canary seed crop in Canada will be smaller than expected, according to Darren Yungmann, board chair of the Canary Seed Development Commission of Saskatchewan. “Overall, canary seed is one of the most susceptible to the drought when compared to other crops,” he said, noting it’s shallow-rooted and could not access any […] Read more
Canola exports down 72 per cent through eight weeks
MarketsFarm — Canadian canola and wheat exports continue to run well behind the year-ago pace, with movement of all crops down 34 per cent through the first eight weeks of the 2021-22 crop year. Total exports of all of the major grains, oilseeds and pulses as of Sunday, at 4.714 million tonnes, are down by […] Read more
Tight U.S. soybean, corn stocks still beat expectations
MarketsFarm — Soybean and corn ending stocks in the U.S. may have been down sharply from the previous year, but still came in above trade expectations in the U.S. Department of Agriculture’s quarterly stocks report. That data in turn weighed on futures prices at the Chicago Board of Trade. Soybean stocks in the country as […] Read more
Cyber-Savvy Farmer
