MarketsFarm — Despite varied amounts of rainfall across the southern half of Manitoba over the past few weeks, pulses are faring quite well according to the province’s pulse specialist. Dennis Lange, who’s based at Altona, said while peas in fields with excessive moisture are struggling, those grown in adequate moisture and lighter soils are in […] Read more
Pulse weekly outlook: Manitoba’s crops in ‘better situation’ than last year
Lost acreage still a question mark
U.S. grains: Corn, soy, wheat up on broad commodity strength
Crop-stressing dry heat expected in Midwest
Chicago | Reuters — U.S. corn, soybeans and wheat futures rose on Monday in response to worries about potentially stressful hot weather in the Midwest and Europe, coupled with bullish sentiment in crude oil and a weaker dollar, analysts said. Chicago Board of Trade benchmark December corn settled up seven cents at $6.10-3/4 per bushel, […] Read more
Take your pick — there’s a forecast for everyone
Here are six forecasts for July and August, and they are all over the (weather) map
Reading Time: 3 minutes June seemed to go by in a flash. We are now halfway through 2022, and depending on where you live, it has been a very interesting six months. We will look back and see how June weather played out across the Prairies, and then look ahead to see what forecasters are calling for during July […] Read more
U.S. grains: Corn, soybean futures rise
Chicago wheat ends weaker
Chicago | Reuters — U.S. corn futures gained 1.5 per cent on Wednesday, supported by concerns that hot and dry weather in the U.S. Midwest could cut into harvest yields, traders said. Soybean futures also were firm, recovering from sharp declines after the U.S. Agriculture Department’s monthly world agricultural supply and demand estimates (WASDE) report […] Read more
U.S. grains: Soy, corn firm on weather worries
CBOT wheat drops; grain traders also positioning ahead of Tuesday's USDA report
Chicago | Reuters — U.S. corn and soybean futures climbed on Monday on forecasts for hot, dry conditions across the Midwest farm belt as well as technical buying and positioning ahead of Tuesday’s monthly U.S. Department of Agriculture (USDA) supply-and-demand reports. The market eased from overnight highs, however, as updated weather models appeared slightly less […] Read more
La Niña wants to stick around
Reading Time: < 1 minute There’s “a high probability” that La Niña will last until August and possibly until the start of next winter (or later), says the World Meteorological Organization. If so, it would be the third “triple-dip La Niña” — three consecutive winters of La Niña conditions in the Northern Hemisphere — since 1950, the agency said. The […] Read more
Wet weather affecting acreage numbers: analysts
MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are […] Read more
Pulse weekly outlook: SaskPulse head hoping for “normal” in 2022
MarketsFarm – Following variable conditions over the first few weeks of the growing season, there has now been a marked improvement over the last, according to Carl Potts, executive director of Saskatchewan Pulse Growers (SaskPulse). Potts said while western parts of the province had little precipitation and eastern parts saw seeding delayed due to above-normal […] Read more
Saskatchewan shores up disaster program for bigger farms
Program extends PDAP aid to higher-revenue farm businesses
Saskatchewan farmers whose operations took damage from storms in April, but whose gross revenues overtopped the maximum for disaster assistance, will now be able to get in on that program. The province on June 16 announced “supplemental relief” via the Provincial Disaster Assistance Program to help farmers who didn’t qualify under PDAP’s usual eligibility rules. […] Read more
Pulse weekly outlook: Peas, lentils faring well but threats remain
MarketsFarm — Growing conditions for peas and lentils in Saskatchewan during the spring can be described as variable. While western parts of the province continued to endure dry conditions carried over from last year’s drought, regions in the east were drenched with near-continuous rainfall to go along with below-normal temperatures. Lionel Ector, president of Diefenbaker […] Read more
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