MarketsFarm — While Canada’s licensed hemp acreage nearly doubled from 2018 to 2019, yield estimates will remain uncertain until licensed producers report their crops to Health Canada after harvest. “Health Canada, for the first time, will be collecting information on hemp acres that were seeded, rather than hemp acres that were licensed,” said Ted Haney, […] Read more
Hemp yield uncertain ahead of harvest
StatsCan production report may show stronger yields
MarketsFarm — A challenging growing season across the Prairies has left questions in the market ahead of Statistics Canada’s production report, due out Wednesday. “It’s hard to get a handle on canola this year because, at this stage, the farmers are going to be a bit conservative and err on the side of caution,” said […] Read more
As Amazon burns, Bolsonaro tells rest of world not to interfere
Brasilia/Sao Paulo | Reuters — Amid growing international criticism over wildfires raging through the Amazon, Brazilian President Jair Bolsonaro on Thursday admitted farmers could be illegally setting the rainforest alight but told foreign powers not to interfere. French President Emmanuel Macron and United Nations Secretary General Antonio Guterres both took to Twitter to express their […] Read more
U.S. grains: Corn edges higher on cool weather
Chicago | Reuters — U.S. corn futures inched higher on Thursday, stabilizing from three-month lows set a day earlier, supported by worries that cool weather could slow the maturity of the delayed U.S. crop, analysts said. Wheat rose on technical buying and better-than-expected weekly U.S. export sales. But soybean futures declined, retreating from early strength […] Read more
Pulse weekly outlook: India’s monsoons catch up, but crops still at risk
MarketsFarm — Heavy rains in recent weeks have brought India’s monsoon rainfall back to normal levels after a slow, dry start to the season, according to reports out of the country. However, flooding and uneven distribution of moisture could still hurt crop production. A normal monsoon is defined as 96-104 per cent of the 50-year […] Read more
Prairie hail claims pass 10,000 for year
MarketsFarm — More than 10,000 claims for hail damage have been filed by Prairie farmers so far in 2019 with insurance companies belonging to the Canadian Crop Hail Association. Between July 27 and Aug. 6, hail on the Prairies saw farmers add 900 claims alone, according to a CCHA press release Friday. To date overall, […] Read more
Alberta’s Peace Region gets a touch of frost, crop conditions see slight decline overall
Alberta Crop Report: Conditions as of August 13
Reading Time: 6 minutes Frequent rain since July accompanied with cool temperature increased excessive soil moisture particularly in the North East and North West Regions. Hailstorms damaged some mature crops in southern parts of the province and destroyed some field crops in other areas. Additionally, a light frost occurred in the western to central parts of the Peace Region, […] Read more
Winter wheat harvest varies by province
MarketsFarm — Depending where a farmer is located, Canada’s winter wheat crop has varied this year. Ontario has long been the country’s powerhouse for winter wheat. Statistics Canada projected the province’s farmers to seed just over one million acres this year, nearly 75 per cent of Canada’s total winter wheat acres. However, Marty Vermey, senior […] Read more
Saskatchewan canary seed crops may not recover
MarketsFarm –– Canary seed crop yields may be hampered by dry early summer conditions, and rain that didn’t come quite soon enough. Saskatchewan’s west-central region, home to the lion’s share of the province’s canary seed crops, received very little rain during the spring and early summer. “That area was beyond recovery when the rain finally […] Read more
Pulse weekly outlook: Alberta markets optimistic despite weather
MarketsFarm — Varied weather across Alberta has made for an unpredictable pulse harvest. “We’ve seen everything from drought-like conditions in the south, to an overabundance of water in the central region, and to some degree in the north as well,” said Leanne Fischbuch, executive director of Alberta Pulse. Despite less-than-favourable weather conditions, pulse producers are […] Read more