Reading Time: < 1 minute So far, it’s been an average season when it comes to hail damage, says the Canadian Crop Hail Association. There have been more than 10,000 claims this year, the association said in an Aug. 31 release. Alberta has about one-quarter of those claims. “Claims filed in Alberta are currently close to last year’s numbers, but […] Read more
Hail claims about average
La Nina present, 75 per cent chance seen through 2020 winter
Reuters — La Nina conditions were present in August, and have a 75 per cent chance of continuing through the Northern Hemisphere winter of 2020-21, a U.S. government weather forecaster said on Thursday. The La Nina pattern is characterized by unusually cold temperatures in the equatorial Pacific Ocean. A borderline moderate La Nina event is […] Read more
Feed weekly outlook: Early harvest pressures Alberta prices
MarketsFarm — Feed prices in Alberta took something of a tumble this week, Allen Pirness of Market Place Commodities in Lethbridge reported. Feed prices in Manitoba and Saskatchewan, meanwhile, were steady. “Six weeks ago we were seeing harvest, at best, at the end of August. With the heat wave that’s been upon us the last […] Read more
How’s the weather on your farm?
Reading Time: < 1 minute Agriculture and Agri-Food Canada is seeking volunteers to submit weather and climate reports for their farm for the online tool called the Agroclimate Impact Reporter. The weather data is used to better understand local and regional conditions, and to help identify emerging trends and anomalies. It is also used for programs such as AgriRecovery and […] Read more
Assessing hail damage assessments
Reading Time: < 1 minute Agriculture Financial Services Corporation wants to see how its assessments of hail claims compares to the evaluation of farmers who assessed damage in their fields. The comparison will help “determine the future of adjustments at AFSC and may assist with adjusting speed in the future,” the crop insurer said. A link to the very brief […] Read more
CBOT weekly outlook: Benign weather keeps corn, soybeans pointed down
MarketsFarm — Good U.S. Midwestern weather should keep the bias to the downside in corn and soybean contracts at the Chicago Board of Trade over the next few weeks, according to an analyst. Corn hit fresh contract lows on Tuesday before showing some recovery Wednesday, but “it’s not looking like it’s hit a bottom just […] Read more
Saskatchewan crops in decent shape heading into August
MarketsFarm – Crops throughout Saskatchewan rated as being in fair to good condition, according to the latest weekly crop report from Saskatchewan Agriculture. As of July 27, spring cereals, canola, field peas and soybeans were said to be in fair to excellent. The report said winter wheat and fall rye were ripening and maturing. Harvest […] Read more
U.S. grains: Soybeans trim back on improved crop conditions
Wheat gains on weaker U.S. currency
Chicago | Reuters — Chicago soybean futures fell on Tuesday, despite renewed exports to China, after the U.S. Agriculture Department issued better-than-expected weekly crop ratings. Corn also eased on better-than-expected crop conditions and favourable U.S. weather as traders eyed record yield potential this fall. The Chicago Board of Trade’s most active soybean contract fell 6-1/2 […] Read more
U.S. grains: Corn weakens on rain across Midwest
Soybeans gain for fifth session, wheat futures tumble
Chicago | Reuters — Chicago corn futures dropped on Monday, as rainfall strengthened crop conditions during a crucial stage in development. Soybean futures gained for a fifth consecutive session on renewed Chinese demand and support from the soybean oil market. Wheat, meanwhile, sank as harvest across the U.S. Great Plains continued and a strengthening dollar […] Read more
CBOT weekly outlook: Weather the key for soybeans, corn
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade fell off nearby highs over the past week, with shifting weather forecasts directing the flow of money in the markets. “Ninety per cent of our price influence in a supply-side driven market during the growing season will be weather,” said analyst Sean Lusk […] Read more
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