Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures gained 1.5 per cent on Wednesday, supported by concerns that hot and dry weather in the U.S. Midwest could cut into harvest yields, traders said. Soybean futures also were firm, recovering from sharp declines after the U.S. Agriculture Department’s monthly world agricultural supply and demand estimates (WASDE) report […] Read more
U.S. grains: Corn, soybean futures rise
Chicago wheat ends weaker
U.S. grains: Soy, corn firm on weather worries
CBOT wheat drops; grain traders also positioning ahead of Tuesday's USDA report
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures climbed on Monday on forecasts for hot, dry conditions across the Midwest farm belt as well as technical buying and positioning ahead of Tuesday’s monthly U.S. Department of Agriculture (USDA) supply-and-demand reports. The market eased from overnight highs, however, as updated weather models appeared slightly less […] Read more
Wet weather affecting acreage numbers: analysts
Reading Time: 3 minutes MarketsFarm – With some parts of Western Canada experiencing delayed seeding due to wet weather, many analysts believe the conditions have caused a ripple effect on acreage totals for the 2022-23 marketing year. Statistics Canada (StatCan) will release its second survey-based acreage report for the 2022-23 marketing year on July 5. Traders and analysts are […] Read more
Pulse weekly outlook: SaskPulse head hoping for “normal” in 2022
Reading Time: 2 minutes MarketsFarm – Following variable conditions over the first few weeks of the growing season, there has now been a marked improvement over the last, according to Carl Potts, executive director of Saskatchewan Pulse Growers (SaskPulse). Potts said while western parts of the province had little precipitation and eastern parts saw seeding delayed due to above-normal […] Read more
Saskatchewan shores up disaster program for bigger farms
Program extends PDAP aid to higher-revenue farm businesses
Reading Time: 2 minutes Saskatchewan farmers whose operations took damage from storms in April, but whose gross revenues overtopped the maximum for disaster assistance, will now be able to get in on that program. The province on June 16 announced “supplemental relief” via the Provincial Disaster Assistance Program to help farmers who didn’t qualify under PDAP’s usual eligibility rules. […] 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
U.S. grains: Wheat futures hit lowest since late March
Chicago corn, soybeans also weak
Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures sank 5.7 per cent on Tuesday to their lowest level in 2-1/2 months, pressured by early harvesting in the United States and Europe as well as fresh efforts to boost the amount of grain shipped from Ukraine. Corn futures were down three per cent as weather forecasts turned […] Read more
Heat, humidity kill at least 2,000 Kansas cattle, state says
Reading Time: 2 minutes Chicago | Reuters — Extreme heat and humidity killed thousands of cattle in Kansas in recent days, the state said, and sizzling temperatures continue to threaten livestock. The deaths add pain to the U.S. cattle industry as producers have reduced herds due to drought and grappled with feed costs that climbed as Russia’s invasion of […] Read more
Rains bring much-needed moisture to Alberta’s south
Reading Time: 2 minutes MarketsFarm — Rains across southern and central regions of Alberta were both much-needed and well-received during the week ended Tuesday. Both regions received 20 to 50 millimetres of precipitation, according to the province’s weekly crop report released Friday. The amount of rain that fell onto the south region was equivalent to the amount of precipitation […] Read more
StatCan releases satellite crop vegetation data
Reading Time: < 1 minute MarketsFarm — Statistics Canada’s crop condition assessment program (CCAP) on Thursday released its weekly normalized difference vegetation index (NDVI) values from April 11 to May 29 — telling the tale of weather extremes in the Prairie provinces. As of the fourth week of May, seeding was 95 per cent complete in Alberta, compared to the […] Read more
A message from April Stewart, Country Guide's Associate Editor
