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
StatCan releases satellite crop vegetation data
Canada launches offset credits to help tackle emissions
Landfill gas protocols now launched; ag-related protocols soon to follow
Reading Time: 2 minutes Reuters — Canada on Wednesday launched a credit system for greenhouse gas offsets, a major part of its plan to cut carbon emissions, starting with a set of rules stipulating how projects can generate tradeable credits by capturing gas from landfills. The government said protocols for four other sectors including agriculture and forest management are […] Read more
Environment Canada sees cool summer for Manitoba
Reading Time: < 1 minute MarketsFarm — Manitoba and eastern Saskatchewan could be in for a cooler-than-normal summer, according to the latest long-range outlook from Environment Canada. The latest seasonal forecast from the government agency, released Tuesday, calls for a 40 to 80 per cent chance of below normal temperatures from June through August across all of the agricultural regions […] 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
Planting progress picking up in Saskatchewan
Reading Time: < 1 minute MarketsFarm — Overall spring planting across Saskatchewan reached 33 per cent complete as of Monday, according to the latest weekly crop report from Saskatchewan Agriculture. Despite the good progress over the week, that’s still 20 points behind the five-year average. When compared to the excellent progress this time last year, the gap expands to 41 […] Read more
Pulse weekly outlook: Still early in season to switch crops
Decisions likely in next couple of weeks
Reading Time: < 1 minute MarketsFarm — With dry conditions dominating western and southwestern Saskatchewan and wet conditions prominent in the province’s east and northeast, at mid-May it remained early to consider switching pulse crops to something else, according to Carl Potts, executive director of Saskatchewan Pulse Growers. Overall, he said, spring planting throughout the province as of May 9 […] Read more
U.S. grains: Chicago wheat firm as worries about global supplies remain
Corn retreats, soybeans also firm
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures rallied on Tuesday, even after India said it would allow overseas wheat shipments awaiting customs clearance, as traders focused on an unrelenting question roiling global prices: Where will the world get its grain? The most-active wheat contract on the Chicago Board of Trade (CBOT) dipped early in the […] Read more
Eastern Prairies’ wet conditions may curb insect pest risk
Late-seeded crops may germinate more quickly in warmer soils
Reading Time: 2 minutes MarketsFarm — If there could be one benefit to the excessive moisture across much of southern Manitoba and the Interlake region, that would be a potentially reduced risk for insect pests, according to John Gavloski, entomologist for Manitoba Agriculture, Food and Resource Development. For example, Gavloski cited flea beetles, which could damage canola. “If [canola] […] Read more
U.S. grains: Chicago wheat limit up on India’s export ban
CBOT corn, soybeans also higher
Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures hit their daily 70-cent trading limit cap on Monday after India banned exports of the grain, an abrupt policy change that fanned concerns about global supplies strained by Russia’s invasion of Ukraine. The wheat rally sent spillover strength to corn futures, as global buyers, who were banking on […] Read more
India bans wheat exports as heat wave hurts crop, domestic prices soar
Ban could push global wheat prices to new peaks
Reading Time: 3 minutes Mumbai | Reuters — India banned wheat exports on Saturday days after saying it was targeting record shipments this year, as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies […] Read more