Reading Time: 3 minutes MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. Traders and analysts are interested […] Read more
Greater crop production estimated prior to StatCan report
Extended time lag between survey, data's release criticized
Acute food insecurity now touching 345 million worldwide
Reading Time: 2 minutes Baghdad | Reuters — The number of people facing acute food insecurity worldwide has more than doubled to 345 million since 2019 due to the COVID-19 pandemic, conflict and climate change, the World Food Programme (WFP) said on Wednesday. Before the coronavirus crisis, 135 million suffered from acute hunger worldwide, Corinne Fleischer, the WFP’s regional […] Read more
China’s farmers struggle to save crops as heatwave, drought drag on
Reading Time: 2 minutes Chongqing | Reuters — As the tinder-dry countryside along China’s Yangtze river basin withers under a heatwave that has lasted more than two months, veteran farmer Chen Xiaohua recalled the last severe drought to hit his crops more than 60 years ago. “This year is drier than 1960,” said Chen, 68, from his plot of […] 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
Pulse weekly outlook: Chickpea harvest approaches amid low worldwide supplies
Reading Time: 2 minutes MarketsFarm — The harvest for Western Canada’s chickpea crop is about to begin and it comes at a time when worldwide supplies of the pulse are at a low point. Colin Young, manager of Mid-West Grain Ltd. at Moose Jaw, Sask., said there are varying chickpea yields in the western Prairie region, where most of […] 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
La Nina conditions to continue, but odds lower into winter
Reading Time: < 1 minute Reuters — Chances for La Niña are expected to gradually decrease from 86 per cent in the coming season to 60 per cent during December to February in 2022-23, a U.S. government weather forecaster said on Thursday. The La Niña weather pattern is characterized by unusually cold temperatures in the equatorial Pacific Ocean. According to […] Read more
Cold and hungry: Food inflation bites Canada’s North
'It's really expensive to do business here'
Reading Time: 3 minutes Iqaluit | Reuters –– In Canada’s remote North, residents have long paid dearly for food, and rising prices have worsened an already dire situation, exposing the vulnerability of one of the world’s biggest exporters of grains and meat. Communities in Nunavut — the largest of the three territories that make up Canada’s northernmost region — […] Read more
Ag ministers lock in next policy funding framework
AgriStability compensation rate to rise; new EGS program planned; some agmins decry feds' approach on fertilizer emission cuts
Reading Time: 4 minutes The new federal-provincial ag policy funding framework due to take effect next April 1 will include a new ecological goods and services plan and a sweetened compensation rate for AgriStability. Following meetings this week in Saskatoon, federal Agriculture Minister Marie-Claude Bibeau and her provincial and territorial counterparts on Friday mapped out the bones of their […] Read more
Saskatchewan crops advancing quickly
Reading Time: 2 minutes MarketsFarm — Hot and humid conditions saw crops in Saskatchewan advance quickly during the week ended Monday, according to the latest provincial crop report — although the humidity has slowed haying. When humidity is high, cutting hay becomes more challenging and hay that is cut does not dry down as quickly, which can result in […] Read more
A message from April Stewart, Country Guide's Associate Editor
