Reading Time: 2 minutes MarketsFarm –– The Canadian pulse harvest appears to be making a comeback after production struggled with a historic drought in Western Canada last year. Statistics Canada (StatCan) released its July satellite image-based principal field crop production estimates on Monday, projecting sharp increases in production for most of Canada’s crops, including pulses. Canada’s dry pea harvest […] Read more
Pulse weekly outlook: StatCan shows big jump in pea, lentil production
Canadian crop production bounces back, StatCan reports
Wheat at higher end of trade projections
Reading Time: 3 minutes MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that this year’s crop production would […] Read more
Greater crop production estimated prior to StatCan report
Extended time lag between survey, data's release criticized
Reading Time: 3 minutes MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. Traders and analysts are interested […] Read more
U.S. grains: Soybean and wheat futures rise 2.2 per cent
Chicago corn futures firm
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures rose 2.2 per cent on Monday, supported by hopes for a pick-up in the pace of exports as farmers in top global consumer China struggle with hot and dry weather that is expected to reduce the size of the crop there. “It appears that exporters […] Read more
China’s farmers struggle to save crops as heatwave, drought drag on
Reading Time: 2 minutes Chongqing | Reuters — As the tinder-dry countryside along China’s Yangtze river basin withers under a heatwave that has lasted more than two months, veteran farmer Chen Xiaohua recalled the last severe drought to hit his crops more than 60 years ago. “This year is drier than 1960,” said Chen, 68, from his plot of […] Read more
Iqaluit declares state of emergency over water shortage
Reading Time: < 1 minute Ottawa | Reuters — The northern Canadian city of Iqaluit declared a state of emergency on Friday after scarce rain this year left water levels in the local Apex River at a four-decade low. Iqaluit warned it may not have enough water in its reservoir to sustain its population of about 7,800 when a freeze-up […] Read more
Prairie drought spurs record imports via Trois-Rivieres
G3 terminal reports record incoming grain handle
Reading Time: 2 minutes Agrifood firms unable to source enough grain domestically due to last year’s drought have imported a record amount through a major St. Lawrence River grain terminal this year. Winnipeg grain handler G3, whose grain terminal at Trois-Rivieres, Que. has storage capacity for 109,000 tonnes, reported Wednesday the terminal has so far unloaded over 160,000 tonnes […] Read more
Feed weekly outlook: Prices lower despite mixed growing conditions
Reading Time: 2 minutes MarketsFarm — While not as widespread as last year’s historic drought, some parts of Alberta are still struggling with hot and dry conditions. Suzanne Leclerc, owner of Market Master Ltd. in Edmonton, said growing conditions for feed grains across the province are varied. “As usual for the last couple of years, such a mixed review,” […] Read more
Pulse weekly outlook: Saskatchewan crops growing well despite threats
Reading Time: 2 minutes MarketsFarm – Pulse crops across Saskatchewan are growing well for the most part, but not in every corner of the province, according to the province’s own specialist. Dale Risula, special crops specialist for Saskatchewan’s Ministry of Agriculture, said this year’s pulse crops are looking much better than those in last year’s drought, which he called […] Read more
Sizzling heat stresses livestock, crops in southern U.S. Plains
Reading Time: 2 minutes Chicago | Reuters — Scorching temperatures in the southern U.S. Plains are stressing cattle as well as crops such as cotton, corn and soybeans, meteorologists and traders said on Tuesday. Temperatures were forecast to reach 111 F (44 C) in parts of the Texas Panhandle, a core area for cotton and cattle production. While much […] Read more