Reading Time: < 1 minute MarketsFarm — With fall soon upon North America, there’s nothing overly unusual with the continuation of La Nina, according to Drew Lerner, president of World Weather Inc. at Overland Park, Kansas. Going into its third year, some people might think this is the third consecutive La Nina — but Lerner said it’s the same one, […] Read more
La Nina set to continue for third year
Other weather patterns may override temporarily
What will King Charles’s reign mean for climate action?
Some projects may be handed to other family members
Reading Time: 4 minutes London | Thomson Reuters Foundation — As Britain’s King Charles III begins his reign after the death of his mother, Queen Elizabeth II, environmental campaigners will be watching closely to see if he continues to advocate for climate action and is able to help drive change as monarch. In his first speech to the nation […] Read more
Ending stocks tumble due to drought: StatCan
Canola stocks are below 'pipeline levels'
Reading Time: 3 minutes MarketsFarm — Severe drought in Western Canada during the summer of 2021 has played a major part in reducing the stocks for Canada’s principal field crops at the end of the 2021-22 marketing year, according to Statistics Canada. Canada’s central data agency released a report Wednesday presenting total ending stocks for the country’s major crops […] Read more
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
From Pakistan to Texas, big rains after extreme heat deliver double punch
Reading Time: 3 minutes London | Reuters — While Pakistanis count the cost of one of the country’s worst recorded floods, heavy rain is hitting southwestern China as the Texas city of Dallas recovers from a 10-inch deluge in a single day last month. Each of these rain-fuelled disasters followed a heat wave, suggesting the regions have been swinging […] Read more
CBOT weekly outlook: Harvest, crop conditions pressuring prices
Reading Time: 2 minutes MarketsFarm — The Pro Farmer Midwest Crop Tour earlier this month brought attention to a potential reduction of corn yields in some areas of the U.S., causing a rally in prices. However, after crop conditions did not fall as expected, prices underwent a correction, according to one analyst. The U.S. Department of Agriculture (USDA), in […] Read more
Produce prices spike in flood-hit Pakistan as food crisis looms
Flooding wrecks crops, hampers logistics
Reading Time: 3 minutes Lahore | Reuters — Vegetable and fruit prices have soared in markets across Pakistan as devastating rains ruin crops and disrupt supplies, an early sign of how the worst floods in decades are creating food shortages at a time of financial crisis. Pakistan’s 220 million people are already facing rampant inflation, with consumer prices up […] Read more
Drought, costs bring U.S. berry giants to maple syrup land
U.S. firms testing commercial production in Quebec, Ontario
Reading Time: 3 minutes Montreal/Ottawa | Reuters — A swath of Canada better known for maple syrup is being tested to mass produce berries normally grown in warmer locales, making it the unexpected beneficiary of extreme weather, local demand and rising costs in traditional growing areas like California. Driscoll’s and grower-owned Naturipe Farms, two of North America’s largest fruit […] Read more
Initial drought list ready for 2022 livestock tax deferrals
Much of Manitoba, southern Alberta designated for 2022
Reading Time: 3 minutes Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and Saskatchewan where livestock tax deferral […] Read more
Canadian crop production bounces back, StatCan reports
Wheat at higher end of trade projections
Reading Time: 3 minutes MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that this year’s crop production would […] Read more
A message from April Stewart, Country Guide's Associate Editor
