Reading Time: < 1 minute MarketsFarm – As the calendar turned to August, some combining has already started in Saskatchewan according to the province’s weekly crop report. For the week ended Aug. 1, the harvest has started for a select number of crops mostly located in the west-central and southwest regions. So far, one per cent of the province’s dry […] Read more
Saskatchewan Crop Report: Harvest kicks off in Saskatchewan
Feed weekly outlook: Recent storms not hurting yields
Reading Time: 2 minutes MarketsFarm – Recent bouts of severe weather in Alberta, most recently high winds and hail in the central region on Aug. 2, will not affect potential yields for feed grains, according to one trader. Mike Fleischhauer of Eagle Commodities Ltd. in Lethbridge said while some crops were damaged from the storms in central Alberta, as […] Read more
ICE weekly outlook: Weather at forefront for canola futures
Reading Time: < 1 minute MarketsFarm – Canola contracts on the ICE Futures platform saw some large moves over the past week, initially moving higher in sympathy with the United States soy complex before taking back most of those gains as both markets reacted to shifting weather forecasts. Showers continue to pop up across the U.S. Midwest, despite the longer-range […] Read more
Manitoba crops variable: report
Reading Time: < 1 minute MarketsFarm – Crop development was highly variable across Manitoba during the week ended Aug. 2 depending on localized rainfall and drainage, with fields in the southern growing areas of the province generally better than those to the north, according to the latest report from Manitoba Agriculture. Localized insect concerns were reported, with some spraying required. […] Read more
Pulse weekly outlook: Manitoba pulse crops showing resilience
Reading Time: 2 minutes MarketsFarm–After a late start in seeding due to higher-than-normal moisture in most areas, Manitoba’s pulse crops are growing well, according to an agronomist. Laura Schmidt, a production specialist and agronomist for Manitoba Pulse & Soybean Growers (MPSG), said while pulse crops are in various stages of development, many are maturing as expected while some are […] Read more
Alberta crops improve tremendously over last year
Reading Time: 2 minutes Crops in Alberta remain in good shape as the latest crop report noted all crops across the province are 72 per cent good to excellent. That’s a huge improvement compared to this time last year when drought pushed crops down to 20 per cent good to excellent. Rain, especially in June proved to be very […] Read more
Saskatchewan crop report: High heat reversing crop development
Reading Time: < 1 minute MarketsFarm – Crops growing in areas of Saskatchewan which received recent rains are developing well. Meanwhile, those in dry areas, mostly in the west central region, are going backwards, according to the province’s weekly crop report released on July 28. Rainfall varied across Saskatchewan with some areas receiving none and other getting drenched. Areas around […] Read more
Feed weekly outlook: Declining prices not raising buyers’ interest
Reading Time: 2 minutes MarketsFarm – Despite prices for Western Canadian feed barley and wheat continuing to decline, buyers are not opening their wallets just yet. Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta., said while growing prospects of a more typical harvest are making cereal crops more affordable, there is still a wait-and-see attitude from […] Read more
ICE weekly outlook: Upticks during a downturn not unusual
Reading Time: 2 minutes MarketsFarm – As prices fall back, an analyst said it’s very common for there to be occasional spike upwards, and that’s exactly what’s been happening to canola. “We’ve come down a long way and having a bit of a rally wouldn’t be unusual,” commented analyst David Derwin of PI Financial in Winnipeg, Man. “After we […] Read more
CBOT weekly outlook: Weather, Ukrainian grain affecting prices
Reading Time: 2 minutes MarketsFarm – Weather-related concerns and questions whether Ukrainian grain will be exported or not were front and centre for traders on the Chicago Board of Trade during the week ended July 26. Ryan Ettner, a broker for Allendale Inc. in McHenry, Ill., said forecasts calling for a heat wave in much of the United States […] Read more
A message from April Stewart, Country Guide's Associate Editor
