Reading Time: 2 minutes Sacramento | Reuters — Emergency crews braced for the next bout of high winds and torrential rains forecast to sweep California starting on Wednesday, renewing the threat of power outages and flooding that struck parts of the state over the New Year’s weekend. The latest “atmospheric river” — an airborne current of dense moisture flowing […] Read more
Another ‘atmospheric river’ storm renews flood threat in California
Prairies’ high-pressure ridge should give way by mid-month
Brisk harvest pace expected meanwhile
Reading Time: < 1 minute MarketsFarm — While there’s not one specific cause of the hot September the Canadian Prairies has generally been having so far, Weatherlogics chief scientist Scott Kehler notes one particular shorter-term factor. “There is a fairly strong upper-level ridge of high pressure across the Prairies right now,” he explained, adding it should dissipate by mid-month. The […] Read more
U.S. grains: Corn, soybeans steady
U.S. Midwest rain, Ukraine sea exports add pressure
Reading Time: 2 minutes Chicago | Reuters — Chicago soybeans inched higher on Wednesday, bouncing from two days of declines, though the recovery was limited by rain improving weather forecasts in the U.S. Midwest. Wheat prices fell, pressured by increased export activity from Ukraine, while corn traded near even. The most-active soybean contract on the Chicago Board of Trade […] 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
Pulse weekly outlook: Peas, lentils faring well but threats remain
Reading Time: 2 minutes MarketsFarm — Growing conditions for peas and lentils in Saskatchewan during the spring can be described as variable. While western parts of the province continued to endure dry conditions carried over from last year’s drought, regions in the east were drenched with near-continuous rainfall to go along with below-normal temperatures. Lionel Ector, president of Diefenbaker […] Read more
Feed weekly outlook: Rains forecast for southern Alberta
Reading Time: 2 minutes MarketsFarm — The prospect of rain over drought-stricken southern Alberta, with Calgary and Lethbridge possibly seeing at least 30 millimetres from June 4 to 7, would seem to be a godsend for growers. However, recent history suggests the moisture may not matter in the long term, according to Mike Fleischhauer of Eagle Commodities Ltd. at […] Read more
Pulse weekly outlook: More rainfall turns into more seeding delays
Reading Time: < 1 minute MarketsFarm — After southern Manitoba had experienced ideal seeding conditions for most of the previous week, another round of rains created another round of headaches for pulse growers on Monday. “Last week, there were a few dry beans planted here in southern Manitoba. (There was) a lot of prep work being done. Things were really […] Read more
Saskatchewan forage rainfall insurance to adjust for hot spells
SCIC also expanding crop roster for contract price option
Reading Time: 2 minutes Saskatchewan forage and corn growers whose crops are insured against below-normal rainfall can expect a beneficial bump starting this year if those crops get cooked in high heat. The Saskatchewan and federal governments on Tuesday announced details for their 2022 crop insurance program — under which average coverage is expected to reach $405 per acre, […] Read more
ICE weekly outlook: Swings ahead for canola
Reading Time: < 1 minute MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the resulting moisture won’t rectify the […] Read more
CBOT weekly outlook: Soy, corn watching weather
Reading Time: < 1 minute MarketsFarm — Corn and soybean futures at the Chicago Board of Trade have moved off of highs hit earlier in May as good planting conditions in the U.S. Midwest weighed on values. “We’re pretty much in a weather market right now,” Scott Capinegro of Barrington Commodity Brokers in Illinois said. He expected solid prices for […] Read more
A message from April Stewart, Country Guide's Associate Editor
