MarketsFarm — Another dilemma is expected for the 2019 growing season: after a late start, western Canadian farmers could be challenged by an early end. Over the Aug. 10 weekend there were isolated reports of frost in some areas of the Peace region in northwestern Alberta. Other parts of the Prairies may be experiencing similar […] Read more
Prairies at risk of frosty harvest
USDA’s August WASDE report hits commodity markets hard
MarketsFarm — With markets largely rangebound since the end of June, the U.S. Department of Agriculture (USDA) released its long-awaited supply and demand report late Monday morning. The initial reaction on the markets was bearish, with corn prices being hit very hard, down 25 cents per bushel for the September and December contracts on the […] Read more
Pulse weekly outlook: Manitoba crops facing dry conditions
MarketsFarm — Varying dry conditions are set to take a toll on Manitoba’s pulse crops this year. Some crops have stunted due to dry conditions throughout the year, said Serena Klippenstein, production specialist with Manitoba Pulse and Soybean Growers. Overall, crop conditions are still dependent on the soil type and where they are in the […] Read more
Beef sector sees place in UN report’s lower-emission vision
While a new United Nations report on climate change and land calls for “rebalancing diets,” the policy paths it seeks are a good fit for beef cattle ranching as Canadians know it, the Canadian Cattlemen’s Association says. Responding Thursday to the report from the UN’s Intergovernmental Panel on Climate Change (IPCC), the CCA said Canada’s […] Read more
Feed weekly outlook: Varying yields make for average crop
MarketsFarm — Feed grain crop yields are expected to be about average across the Prairies as harvest has kicked off. “It appears we’ll have somewhat of an average crop, with a bunch of high-yield areas and a bunch of low yield areas averaged together,” said Jim Beusekom, president of Market Place Commodities in Lethbridge. New-crop […] Read more
U.S. grains: Soy firm, corn mixed ahead of USDA report
Chicago | Reuters — U.S. soybean futures jumped to a 1-1/2-week high on Friday and posted their first weekly gain in a month, lifted by technical buying and short-covering amid concerns that dry U.S. Midwest weather would limit crop production. Corn and wheat were mixed as investors squared positions ahead of an eagerly awaited U.S. […] Read more
UN flags need to reduce meat consumption to curb land use impact on global warming
London/Geneva | Reuters — Global meat consumption must fall to curb global warming, reduce growing strains on land and water and improve food security, health and biodiversity, a United Nations report on the effects of climate change concluded. Although the report stopped short of explicitly advocating going meat-free, it called for big changes to farming […] Read more
U.S. grains: Corn, soybeans ease on Midwest rains, trade worries
Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as better-than-expected rain in parts of the Midwest and forecasts for more showers lessened concerns about further yield losses in dry areas of the farm belt. Wheat futures declined as pressure from an advancing U.S. harvest and a firmer U.S. dollar dragged down […] Read more
Excessive moisture causing crops to degrade in central Alberta
Alberta Crop Report: Conditions as of July 29
Reading Time: 5 minutes Since the last report crops in some central regions are beginning to degrade due to excessive rainfall. The effect varies substantially depending on location, topography and soil type. Hay operations have been extremely difficult in the same areas and the chance of a second cut is greatly diminished due to the late first cut. Producers […] Read more
Manitoba crops progressing quickly in hot and humid weather
MarketsFarm – Dry areas of Manitoba received much needed rain during the week ended July 22, with the majority of the province’s agricultural land now reporting optimal soil moisture conditions, according to the latest weekly report from Manitoba Agriculture. Warm and humid conditions helped with crop development in most areas of the province during the […] Read more