CBOT July 2022 wheat (candlesticks) with Bollinger bands (20,2), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Chicago wheat limit up on India’s export ban

CBOT corn, soybeans also higher

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




AAFC’s Drought Monitor map at April 30, 2022. (Agriculture.canada.ca)

Drought gone in Manitoba but worsening in Alberta, AAFC reports

MarketsFarm — Record-breaking precipitation in southern Manitoba and eastern Saskatchewan helped improve moisture conditions in the region in April, taking much of the area out of the drought classification, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC) for the period ended April 30. Two separate Colorado lows brought significant snow, […] Read more


(Government of Alberta via Flickr)

Alberta seeding ahead of five-year average

MarketsFarm — While spring planting in Alberta is 12.2 per cent complete overall there’s a disparity between the south and the rest of the province. Also, the pace was 2.6 points above the five-year average, but 5.2 behind last year. As of Tuesday, Alberta Agriculture found seeding in the south was at 36.5 per cent […] Read more



(Lightguard/iStock/Getty Images)

Seeding already behind in Saskatchewan

MarketsFarm — Saskatchewan Agriculture on Thursday issued its first weekly crop report of 2022, showing only one per cent of all crops in the ground. The report cited cool temperatures and spring snowstorms holding back many farmers getting into their fields. The overall five-year average at this time of year is five per cent complete. […] Read more



While lush, green pastures might only be wishful thinking some years, it is important for producers to actually write out a drought management plan. It may not be followed exactly, but it helps to bring into focus some of the issues a producer may have to deal with during a dry year.

Make a drought plan in writing

Putting it on paper helps clarify the options and takes some of the emotion out of tough decisions

I firmly believe in having a written drought plan. Droughts are nearly always extremely dynamic and can change rapidly, so while the plan will not be followed exactly, it does provide a focus to ensure accountable and proactive management. It also helps us focus on the things we can control rather than the things we […] Read more