drought Archives - Page 19 of 45

ICE March 2022 canola (candlesticks) with 20-day moving average (yellow line) and November 2022 canola (green line, left column). (Barchart)

ICE weekly outlook: Despite declines, signs point to increases for canola

By GFM Network News January 13, 2022

MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in weeks to come. “The fundamentals haven’t changed at all — they’re not going to get more canola out of the ground until the fall,” he […] Read more

File photo of a soybean field in Argentina. (Federico Weyland/iStock/Getty Images)

Crops, Markets, Weather

CBOT weekly outlook: South American dryness main source of support

By GFM Network News January 6, 2022

MarketsFarm — After corn and the soy complex on the Chicago Board of Trade shot up on Tuesday following the fats and oils as well as the crushing reports from the U.S. Department of Agriculture (USDA), one trader said he isn’t expecting any surprises to come out of USDA’s supply and demand estimates or grain […] Read more

Mike Shewchuk, Saskatchewan Seed Growers’ Association president, says the seed shortages generally affect crops across the board.

Features, News

The great 2022 seed scramble

Book your seed and lock in prices as soon as possible, warn seed growers’ associations

By Mark Halsall January 4, 2022

To say 2021 wasn’t a very good year for seed growers in Western Canada is putting it lightly. The combination of drought conditions and unrelenting summer heat across much of the Prairies hurt seed production and has some farmers scrambling to secure the seed they need for the coming growing season. “It hit crops hard […] Read more

Beef Cattle, Cattleman’s Corner, Livestock

Drought conditions affect usual mineral recommendations

Formulations need to be tweaked to meet needs of gestating cows

By Peter Vitti December 21, 2021

Mineral (and vitamin) feeding programs for overwintering beef cows have remained pretty much the same, year after year on the Prairies. However, standard recommendations are likely to change this winter. Better mineral (and vitamin) choices should be fed this year in the wake of last summer’s severe drought. Dry conditions compromised good mineral/vitamin status of […] Read more

Roquette’s pea processing plant near Portage la Prairie. (Photo courtesy Roquette Canada)

Crops, Markets, Pulses

Pulse weekly outlook: New investments cause for optimism

Sector looking forward beyond challenges of 2021

By GFM Network News December 14, 2021

MarketsFarm — Canada’s pulse industry had to endure more than its fair share of challenges and obstacles in 2021, domestic and abroad. Nevertheless, the national organization representing pulse growers, traders and processors feels the industry will be strong in the New Year. An already tight supply situation became tighter in 2021 as drought in Western […] Read more

A sunflower crop north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Canola, Crops, Markets

USDA expects canola, sunflowers elsewhere to offset Canada’s shortfalls

By Phil Franz-Warkentin, GFM Network News December 14, 2021

MarketsFarm –– Good canola and rapeseed crops in Australia and a number of other parts of the world along with large world sunflower seed production should help offset Canada’s smaller-than-expected production somewhat, according to the December oil crops outlook from the U.S. Department of Agriculture. Total global canola/rapeseed production is now forecast by USDA at […] Read more

Canadian Drought Monitor map of drought conditions and intensity in Canada at Nov. 30, 2021. (AAFC)

Crops, Weather

Precipitation eases drought conditions on Prairies

Hardest-hit Manitoba sees 'modest' improvements

By GFM Network News December 9, 2021

MarketsFarm — Varied amounts of precipitation are either maintaining or alleviating drought conditions in much of the Prairies, according to the latest nationwide drought map from Agriculture and Agri-Food Canada’s (AAFC) Canadian Drought Monitor (CDM). The latest assessment for the period ended Nov. 30 showed very few areas of worsening drought in the region with […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Wheat, barley supplies tighten, replaced by corn

By GFM Network News December 8, 2021

MarketsFarm — The further tightening of wheat and barley feed supplies is prompting feedlots to purchase more corn from the U.S., according to an Alberta-based analyst. “We’re nine months away, or almost 10 months away from more inventory coming in. There’s not much there for wheat and barley,” said Mike Fleischhauer of Eagle Commodities at […] Read more

Crops, Markets, Weather

Canola declines, durum drops in new StatsCan estimates

Soybean, oats estimates raised

By GFM Network News December 3, 2021

MarketsFarm — There were very few surprises in Statistics Canada’s latest principal field crop production estimates released Friday — the first in 2021-22 to use a survey of producers. Nevertheless, they quantified just how severe last summer’s drought was in Western Canada. Canola production for the 2021-22 marketing year was estimated to be 12.595 million […] Read more

Crops, Markets

Smaller crops likely in StatsCan survey-based report

By Phil Franz-Warkentin, GFM Network News December 1, 2021

MarketsFarm — Mindful of the summer drought conditions that seriously cut into crop production across the Prairies, average trade estimates call for downward revisions to Statistics Canada’s already-small forecasts for most crops when the it releases its first survey-based estimates of the marketing year on Friday. While prior reports, in September and August, were compiled […] Read more

U.S. grains: Soybeans, corn fall on harvest pressure

U.S. livestock: Hog futures slide in technical correction

National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

GFM Network News