Reading Time: 2 minutes London | Reuters — The world faces a 50 per cent chance of warming of 1.5 C above pre-industrial levels, if only briefly, by 2026, the World Meteorological Organization (WMO) said on Monday. That does not mean the world would be crossing the long-term warming threshold of 1.5 C (2.7 F), which scientists have set […] Read more
World could see 1.5 C of warming in next five years, WMO reports
Drought gone in Manitoba but worsening in Alberta, AAFC reports
Reading Time: < 1 minute MarketsFarm — Record-breaking precipitation in southern Manitoba and eastern Saskatchewan helped improve moisture conditions in the region in April, taking much of the area out of the drought classification, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC) for the period ended April 30. Two separate Colorado lows brought significant snow, […] Read more
Alberta seeding ahead of five-year average
Reading Time: < 1 minute MarketsFarm — While spring planting in Alberta is 12.2 per cent complete overall there’s a disparity between the south and the rest of the province. Also, the pace was 2.6 points above the five-year average, but 5.2 behind last year. As of Tuesday, Alberta Agriculture found seeding in the south was at 36.5 per cent […] Read more
Feed weekly outlook: Corn trading higher than barley
Seeding begins in Alberta
Reading Time: 2 minutes MarketsFarm — Imported corn from the U.S. is still the grain of choice for feedlots in southern Alberta, despite the fact feed barley is at a slightly lower price right now. Corn traded on Wednesday at around $480 per tonne ($12.19 per bushel) in Lethbridge, said Jim Beusekom, president of Market Place Commodities in Lethbridge. […] Read more
Seeding already behind in Saskatchewan
Reading Time: < 1 minute MarketsFarm — Saskatchewan Agriculture on Thursday issued its first weekly crop report of 2022, showing only one per cent of all crops in the ground. The report cited cool temperatures and spring snowstorms holding back many farmers getting into their fields. The overall five-year average at this time of year is five per cent complete. […] Read more
ICE weekly outlook: Jittery spring market for canola
Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts saw a sharp downward correction in early trading days of May, after setting all-time highs in April. While the correction was long overdue, underlying supportive influences remain in place and the market could be due for some sideways trade as participants now wait to get a better handle on […] Read more
Feed weekly outlook: Market stagnant as U.S. corn imports continue
Reading Time: 2 minutes MarketsFarm — Feed grain markets in Western Canada are holding relatively steady for the time being, as end-users are well covered with corn imports from the United States. “It seems like most buyers have managed to cover themselves well into June with corn,” said Susanne Leclerc, owner of Market Master Ltd. in Edmonton, adding that […] Read more
Drought severity easing across much of Prairies, AAFC reports
Reading Time: < 1 minute MarketsFarm — Drought conditions persisted across much of the Prairies during the month of March, although the extent and severity of the dryness was reduced in many areas, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC). “While there have been substantial improvements to drought conditions across Western Canada since last […] Read more
Pulse weekly outlook: Saskatchewan growers wait for rain
Reading Time: 2 minutes MarketsFarm — As the snow melts on the Prairies, pulse growers are making their final preparations before seeding, while at the same time hoping not to see a repeat of last year’s historic drought. In Saskatchewan, snow cover has varied in pulse-growing areas, making some growers nervous. “There’s still a lot of concern about dryness […] Read more
Feed weekly outlook: Prices likely to hold firm after CP stoppage
Reading Time: < 1 minute MarketsFarm — Feed prices have remained fairly steady over the last week and are likely to continue to do so in the coming week, according to Erin Harakal, senior trader for Agfinity at Stony Plain, Alta. “I don’t see anything drastically changing in the next week,” she said. Harakal added there was nervousness in the […] Read more
A message from April Stewart, Country Guide's Associate Editor
