Reading Time: 2 minutes MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more
Oat crop across Western Canada ‘not stellar’
CBOT weekly outlook: Prices could turn higher by month’s end
Reading Time: 2 minutes MarketsFarm — By the end of July, markets should have a good idea of what will shake out for corn and soybean crops in the U.S., according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Corn and the soy complex on the Chicago Board of Trade (CBOT), as well as the U.S. wheat complex, […] Read more
U.S. grains: Winter wheat futures up sixth straight day
MGEX spring wheat falls
Reading Time: 2 minutes Chicago | Reuters — U.S. winter wheat futures rose for the sixth day in a row on Wednesday as adverse weather in key exporting countries raised supply concerns, traders said. Corn futures were steady to firm, with the front-month contract ending flat while new-crop offerings rose on support from dry soils that threatened to hamper […] Read more
‘Time is ticking’ on drought response for beef cattle sector
'We need answers like yesterday'
Reading Time: 3 minutes As Canada’s beef farmers and ranchers face drought, industry leaders are trying to find ways to secure feed and help those forced to sell rebuild their herds. B.C. ranchers are dealing with high temperatures that have “parched the grass that was there,” Kevin Boone, general manager of B.C. Cattlemen’s Association, said during a Canadian Cattlemen’s […] Read more
Hot, dry weather creates ‘significant uncertainty,’ AAFC says
Reading Time: < 1 minute MarketsFarm — Supply/demand balance sheets for Canada’s major crops only saw minor adjustments in the latest update Tuesday from Agriculture and Agri-Food Canada, with hot and dry growing conditions leading to “significant uncertainty” on the state of the country’s 2021-22 crops. Total field crop production in the country was forecast to decrease due to a […] Read more
U.S. grains: Wheat climbs on deteriorating crop conditions
Corn rises as U.S. crop rating misses consensus
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures climbed on Tuesday to a two-month peak after official data underscored poor conditions for drought-hit U.S. spring wheat. Chicago corn gained, as a lower-than-expected weekly crop rating focused attention back to dry conditions in parts of the Midwest. Soybeans rebounded after being pressured by falling crude oil prices […] Read more
Request line open for AgriRecovery drought plans, Bibeau says
Formal ask needed to trigger process: ag minister
Reading Time: 2 minutes Canada’s federal agriculture minister says the government is “ready to receive formal submissions” from provinces for AgriRecovery plans to help Prairie farmers and ranchers up against significant droughts this summer. Marie-Claude Bibeau, summarizing discussions from Thursday’s online meeting with provincial and territorial (FPT) agriculture ministers, said the formal requests “are needed to trigger the process,” […] Read more
Feed weekly outlook: Heat reducing potential yields, raising prices
Reading Time: 2 minutes MarketsFarm — The hot and dry summer that has enveloped all of Western Canada is already bringing down projected yields for feed grains, creating an inverse effect on prices. “We’re losing the crop here right now with the heat and lack of moisture across the Prairies and the northern Plains of the United States,” said […] Read more
U.S. grains: Wheat climbs on stressful northern Plains weather
Chicago soybean futures sag
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Thursday, led by Minneapolis Grain Exchange (MGEX) spring wheat futures, which hit an 8-1/2-year high near US$9 a bushel as drought threatened crops in the northern Plains and Canadian Prairies. Soybean futures fell on disappointing domestic soy crush data and corn eased after a three-session climb. […] Read more
Eichler back as Manitoba ag minister in shuffle
Pedersen not seeking re-election
Reading Time: 2 minutes Manitoba’s provincial agriculture files return to the desk of their former handler in a cabinet mini-shuffle Thursday. Premier Brian Pallister has named Ralph Eichler, MLA for the Interlake-area riding of Lakeside since 2003, as minister of agriculture and resource development, replacing Blaine Pedersen. Pedersen announced Thursday he will not seek re-election but will serve out […] Read more
A message from April Stewart, Country Guide's Associate Editor
