Reading Time: 3 minutes The first drought relief payment of $94 per head should be in the hands of cattle producers soon. Alberta Beef Producers has been working with the provincial crop insurer to get the drought relief money out as quickly as possible, said general manager Brad Dubeau. “We’re continuing to work with Agriculture Financial Services Corporation very, […] Read more
Relief money is coming soon, but the pain will be long lasting
Producers here are to receive $340 million, but many say it won’t be enough
Pulse weekly outlook: Tight Canadian supplies to cut into exports
MarketsFarm –– Canadian pulse supplies during the 2021-22 marketing year will be the tightest of the past decade due to drought during the growing season, with the country likely to be a much smaller player in the international export market for peas, lentils and chickpeas as a result. Statistics Canada pegged the country’s 2021-22 pea […] Read more
Things to consider after a drought has hit
The drought and intensive heat wave have created a lot of issues that producers must deal with
Reading Time: 3 minutes Droughts always teach (or remind) us of things we need to be prepared for to maintain health and production in our herds, including ways to access feed and, if need be, marketing. The Beef Cattle Research Council recently put on a very good question-and-answer webinar relating to drought concerns and cattle health (a recording of […] Read more
StatsCan confirms Canada’s crop production down in 2021
Corn expected to be lone exception
MarketsFarm — Production of most of Canada’s major grain, oilseed and pulse crops was down substantially in 2021-22, as drought conditions across the Prairies cut into yields, according to preliminary estimates released Monday by Statistics Canada. Of the major crops, only corn was expected to see a slight increase in production on the year as […] Read more
Smaller crops anticipated in looming StatsCan report
Survey-based data due out Monday
MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when Statistics Canada on Monday releases its first production estimates of the year. Canola production is estimated at 11.5 million to 16 million tonnes, which would […] Read more
U.S. grains: Soybeans ease as Midwest’s rains seen boosting crop
CBOT December corn up, wheat down
Chicago | Reuters — U.S. soybean futures fell for a second straight session on Friday as rains were seen boosting harvest prospects in some dry areas of the Midwest farm belt. Wheat futures fell on profit-taking and spillover pressure from lower soybeans, although concerns about global supplies limited declines. Corn was lower much of the […] Read more
Ag department lowers crop production, export estimates
Expectations knocked down for most major Prairie crops
MarketsFarm — Canadian crop production will be down significantly in the 2021-22 marketing year, cutting into exports for all of the country’s major grains, oilseeds and pulse crops. That’s the estimation from the latest supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Thursday. Total field crop production for all crops is forecast to decrease […] Read more
Feed weekly outlook: No surprises in latest barley numbers
MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation […] Read more
ICE weekly outlook: Canola rangebound, awaits report
New StatsCan data due out Monday
MarketsFarm — ICE Futures canola contracts saw some choppy activity during the week ended Wednesday, hitting their lowest levels in nearly a month before recovering back toward the upper end of their wide sideways range. A new production report from Statistics Canada, due out Monday (Aug. 30), could set the stage for a break one […] Read more
U.S. grains: Corn climbs on weaker crop conditions
Soybeans mixed, wheat eases
Chicago | Reuters — Chicago corn futures climbed on Wednesday for a second day after the U.S. Department of Agriculture cut crop ratings on Monday afternoon, though beneficial rainfall across parts of the upper U.S. Midwest limited gains. Soybeans ended higher after the market made its biggest daily gain since late June on Tuesday, with […] Read more
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