drought Archives - Page 26 of 45

Pulse weekly outlook: Healthy demand for heat-stricken Manitoba pulses

By GFM Network News July 28, 2021

MarketsFarm – If Manitoba’s pea harvest is any indication, the province’s pulse crops will be largely deteriorated by the hot and dry weather affecting all of Western Canada, according to Manitoba Pulse & Soybean Growers executive director Daryl Domitruk. “It has affected (pulses) like it has affected most of the other crops, in that severe […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soybeans lower on the week

Traders look at long-term weather; wheat flat

By Christopher Walljasper, GFM Network News July 23, 2021

Chicago | Reuters — Chicago corn and soybean futures slipped on Friday, pressured by extended forecasts calling for cooler weather into August, though hot, dry weather in the coming week across the U.S. Midwest underpinned prices. Wheat ended lower as concerns over unfavorable weather in key exporting countries countered pressure from corn and soybeans. The […] Read more

Farm Life, FarmLife

Froese: It’s OK to ask for help

Where is it written that you always have to figure everything out on your own without any help?

By Elaine Froese July 23, 2021

A heat wave is looming. Drought on the Prairies is keeping folks awake at night. Farming folks are trying to cope with their brains on overload. Where is it written in the farming book of rules that you always figure things out on your own and never ask for help? Where is that written in […] Read more

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Bids rising in Saskatchewan

By GFM Network News July 23, 2021

MarketsFarm — Feed grain prices in Western Canada are continuing their ongoing rise as heat and dryness cover the region. “For feed wheat (on Tuesday), I finally got a bid of $10 per bushel, which is really an amazing bid,” said Dale McManus, broker for Johnston Grains at Welwyn, Sask. The high-delivered bid for feed […] Read more

Manitoba Beef Producers president Tyler Fulton speaks in Winnipeg on July 22, 2021 at a federal/provincial announcement including planned changes to crop insurance against this summer’s drought, alongside federal Agriculture Minister Marie-Claude Bibeau and Winnipeg MP Kevin Lamoureux (r). (Dave Bedard photo)

Crops, Hay, Weather

Manitoba triggers hay disaster benefit

Per-tonne rate lifted to cover feed, transport costs

By Dave Bedard, GFM Network News July 23, 2021

Manitoba’s crop insurance agency is set to lift the per-tonne rate paid out on insured forage crops to help cover livestock producers’ bills to buy and truck in replacement feed. Manitoba Agricultural Services Corp. (MASC) on Thursday announced a 2021 hay disaster benefit to provide another $44 per tonne, for every tonne below coverage, to […] Read more

Federal Agriculture Minister Marie-Claude Bibeau, shown here with Craig Riese (l) of Keystone Agricultural Producers and Manitoba Beef Producers president Tyler Fulton, speaks on July 22, 2021 at The Forks in Winnipeg. (Dave Bedard photo)

General, Weather

Tax deferrals, crop insurance changes en route against drought

Assessments underway for AgriRecovery, minister says

By GFM Network News July 22, 2021

Updated — As the federal government looks to manage impacts of ongoing drought conditions in Canada’s West, producers in parts of five provinces can already expect to be eligible for the livestock tax deferral program. Agriculture Minister Marie-Claude Bibeau announced Thursday in Winnipeg that producers in drought-designated areas of southern Alberta, southeastern British Columbia, northwestern […] Read more

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

Canola, Crops, Markets

ICE weekly outlook: Canola corrects, but trend still up

By Phil Franz-Warkentin, GFM Network News July 21, 2021

MarketsFarm — ICE Futures canola contracts posted some wide price swings over the week ended Wednesday, moving lower overall as the market backed away from nearby highs and speculative profit-taking weighed on values. “The trend is higher, but you can’t go up forever,” said trader Ken Ball of PI Financial in Winnipeg. While rains during […] Read more

CBOT December 2021 oats (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Oats, Weather

Oat crop across Western Canada ‘not stellar’

By GFM Network News July 21, 2021

MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more

CBOT September 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Prices could turn higher by month’s end

By GFM Network News July 21, 2021

MarketsFarm — By the end of July, markets should have a good idea of what will shake out for corn and soybean crops in the U.S., according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Corn and the soy complex on the Chicago Board of Trade (CBOT), as well as the U.S. wheat complex, […] Read more

CBOT September 2021 wheat (candlesticks) with MGEX and K.C. September 2021 wheat (dark greeen and orange O/H/L/C). (Barchart)

Crops, Markets, Reuters

U.S. grains: Winter wheat futures up sixth straight day

MGEX spring wheat falls

By Mark Weinraub, GFM Network News July 21, 2021

Chicago | Reuters — U.S. winter wheat futures rose for the sixth day in a row on Wednesday as adverse weather in key exporting countries raised supply concerns, traders said. Corn futures were steady to firm, with the front-month contract ending flat while new-crop offerings rose on support from dry soils that threatened to hamper […] 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