drought Archives - Page 25 of 45

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Feed weekly outlook: New crop expected to stabilize feed prices

Drought will drag Prairies' yields much lower

By GFM Network News August 19, 2021

MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)

Canola, Crops, Markets, Weather

ICE weekly outlook: Canola remains expensive

By GFM Network News August 18, 2021

MarketsFarm — Concerns over the likelihood of a much smaller canola crop than previously anticipated, coupled with a very tight supply situation, continued to underpin values this week. That price rationing in turn has kept canola more expensive than other edible oils, according to trader Keith Ferley of RBC Dominion Securities in Winnipeg. “The market […] Read more

Cattle graze near Dauphin, Man. in late July. (Manitoba Co-operator photo by Alexis Stockford)

Livestock, Weather

Feds lock in AgriRecovery funds before election call

Ottawa's pledged share now up to $500 million

By Dave Bedard, GFM Network News August 16, 2021

Just hours ahead of a federal election call, the federal government has committed $500 million to cover its share of federal/provincial AgriRecovery support plans for drought-hit farmers across Canada’s West. Shortly before Prime Minister Justin Trudeau’s visit Sunday to Rideau Hall seeking the dissolution of Parliament for a federal election, Agriculture Minister Marie-Claude Bibeau confirmed […] Read more

Heat and drought conditions this growing season have forced canola to develop early.
Photo: Greg Berg

Canola, Markets

ICE weekly outlook: Something of a tough week for canola

By GFM Network News August 13, 2021

MarketsFarm – It was a bit of a tough week for canola on the Intercontinental Exchange (ICE), although there was something of a bright spot after the release of the August supply and demand estimates from the United States Department of Agriculture (USDA). As one trader put it, canola did its job by increasing in […] Read more

Canola, Markets

ICE weekly outlook: Major canola supply issues ahead

By GFM Network News August 11, 2021

MarketsFarm – There’s a looming problem that’s on the verge of surfacing in the Canadian canola market – many growers will be unable to fulfill their contracts due to lower production. The drought across the Prairies dashed canola production estimates from the initially anticipated 20 million tonnes, to something that could be in the range […] Read more

A sharply smaller spring wheat harvest due to drought may force bakers to change how they work with flour. Photo: DanielBendjy/E+/Getty Images

Cereals, Reuters, Spring Wheat

Millers, bakers fret as drought withers North America’s spring wheat

By Rod Nickel, GFM Network News August 5, 2021

Reuters – Millers and bakers are draining wheat reserves and paying more for spring wheat used in baking, as drought shrivels crops across the Canadian Prairies and northern U.S. Plains that produce more than half of the world’s supply. U.S. and Canadian farmers are bracing for a sharply smaller spring wheat harvest due to the […] Read more

Canola, Markets

ICE weekly outlook: Volatility expected in canola markets

By Phil Franz-Warkentin, GFM Network News August 5, 2021

MarketsFarm – The ICE Futures canola market saw some large price moves during the week ended Aug. 4, hitting their lowest levels in a month as investors booked profits before recovering to hold relatively range-bound overall. More choppiness is expected over the next few weeks, as the market waits to get a better handle on […] Read more

Alberta’s barley harvest this year is expected to be ‘fairly light,’ according to one commodity trader. Photo: File

Cereals, Markets

Feed weekly outlook: Reduced yields starting to become a reality

By GFM Network News July 30, 2021

MarketsFarm – As old crop stocks of feed barley and feed wheat continue to dwindle, the realization of reduced yields is now supporting bids for new crop. “Down here, there are a few guys that are starting to pull off some barley here in the next little bit. You’re going to find that the barley […] Read more

Canola, Crops, Markets

ICE weekly outlook: Canola range-bound, awaiting harvest

By Phil Franz-Warkentin, GFM Network News July 29, 2021

MarketsFarm – ICE Futures canola contracts held within a relatively narrow range during the week ended July 28, as traders wait to get a better handle on the size of the Canadian crop. “We’re just waiting to see as we get into harvest what the crop size and crop yields look like,” said Jamie Wilton, […] Read more

North Dakota is the biggest U.S. producer of spring wheat, used in artisanal breads, pizza dough and bagels. Photo: Thinkstock

Cereals, Crops, Reuters

Southern, eastern North Dakota spring wheat yields hurt by drought

By GFM Network News July 28, 2021

Mandan, N.D. | Reuters – Spring wheat yields in southern and east central North Dakota are well below average as a severe drought slashed production potential in the country’s top producing state, scouts on an annual crop tour said on Tuesday. Crop scouts calculated an average spring wheat yield at 29.5 bushels per acre (bpa) […] Read more

More canola among AAFC’s 2025/26 projections

Klassen: Feeder market remains volatile

Under Trump, U.S. cedes its share of China’s beef market to Australia

GFM Network News

More canola among AAFC’s 2025/26 projections

Klassen: Feeder market remains volatile

Under Trump, U.S. cedes its share of China’s beef market to Australia

Tag Archives drought

Feed weekly outlook: New crop expected to stabilize feed prices

ICE weekly outlook: Canola remains expensive

Feds lock in AgriRecovery funds before election call

ICE weekly outlook: Something of a tough week for canola

ICE weekly outlook: Major canola supply issues ahead

Millers, bakers fret as drought withers North America’s spring wheat

ICE weekly outlook: Volatility expected in canola markets

Feed weekly outlook: Reduced yields starting to become a reality

ICE weekly outlook: Canola range-bound, awaiting harvest

Southern, eastern North Dakota spring wheat yields hurt by drought

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