MarketsFarm — As summer turns to autumn on the Canadian Prairies, the weather outlook for the rest of September is for temperatures to be warmer than normal, according to Scott Kehler, chief scientist for Weatherlogics. One of the factors in those forthcoming temperatures is the El Niño that has been developing over the last several […] Read more
Rest of September to be warmer than normal for Prairies
Southern Prairies to remain drier than normal
Prairie cash wheat: Bids, futures take tumbles
Canadian dollar sees slight gain on week
MarketsFarm — Western Canadian wheat bids were lower throughout during the week ended Thursday, with Canada Western Red Spring wheat seeing the largest declines. Statistics Canada (StatCan) released its first model-based production estimates for 2023-24 on Tuesday. Based on data compiled up to July 31, StatCan estimated total Canadian wheat production at 29.472 million tonnes, […] Read more
Feed weekly outlook: Feed barley, wheat prices coming down
Feedlots' use of U.S. corn adds pressure
MarketsFarm — Despite a hot and dry summer across much of the Prairies, prices for feed barley and feed wheat have fallen off over the past month. The high-delivered bid for Alberta feed barley was $8.06 per bushel, $1.42 less than one month ago, according to Prairie Ag Hotwire. Those in Saskatchewan and Manitoba were […] Read more
ICE weekly outlook: Harvest pressure, farmer selling to guide canola
New StatCan figures 'right around expectations'
MarketsFarm — Any fanfare from the long-awaited production estimates from Statistics Canada released on Tuesday was gone by the next day. ICE canola futures initially jumped by double digits that morning, but throughout that session the gains faded. By the end of Wednesday’s session, canola was down. “The StatCan report came in right around expectations. […] Read more
Prairie Forecast: Mostly sunny and warm
Issued Aug. 30, covering Aug. 30 to Sept. 6
It’s a straightforward forecast for this period as the general weather pattern looks to be pretty quiet. It starts with a large area of high pressure centred over the Great Lakes with a weak area of low pressure over Alberta. The Great Lakes high will put sunny skies and warm temperatures over much of Manitoba […] Read more
Feed weekly outlook: Barley, wheat prices now steady
U.S. corn imports keep lid on barley values
MarketsFarm — Prices for feed barley and wheat didn’t change much for the most part during the week ended Thursday, according to Erin Harakal of Agfinity at Stony Plain, Alta. “This week it has been pretty steady compared to the end of last week,” Harakal said, noting barley prices dropped about $20 per tonne. “Just […] Read more
Prairie forecast: unsettled to start then clearing and warmer
Issued Aug. 23, covering Aug. 23 to 30
Once again, the weather models are in good agreement so confidence in this forecast is fairly high. The only possible issue is that the different weather systems are rather weak which means timing of the systems can change easily. This forecast period starts off with two weak areas of low pressure, one over southern Manitoba, […] Read more
Manitoba crop report: dry week helps advance harvest
Cattle producers move herds to hay fields to graze regrowth
MarketsFarm – Dry conditions across crop-growing areas in Manitoba helped the province’s annual harvest get off to a good start during the week ended Aug. 20. Much of the eastern, southern and central regions received two millimetres of precipitation at most during the week with several locations receiving no rainfall at all. The northwest region […] Read more
Livestock tax deferral list begins in West for 2023
AgriRecovery work 'progressing,' feds say
The level of drought in parts of Western Canada so far this year has given the federal government a head start in drafting its list of jurisdictions where producers can get in on the livestock tax deferral provision. Agriculture Minister Lawrence MacAulay on Monday announced an initial list of designated regions for the provision for […] Read more
Prairie Forecast Update: Southern areas may get Hilary’s leftovers
Issued Aug. 20, covering Aug. 20-23
An interesting weather pattern is currently in place across western North America with Tropical Storm Hilary taking an unusual northerly track as it comes in off the Pacific Ocean south of California. Tropical storms or hurricanes in that region normally do one of two things: they either recurve back out into the Pacific, or move […] Read more