Weather & Production Tips

File photo of idled equipment in drought conditions on a farm in New South Wales, Australia. (f.ield_of_vision/iStock/Getty Images)

Australia to import first wheat in 12 years as drought bites

By GFM Network News May 15, 2019

Sydney | Reuters — Australia will import its first shipment of wheat in more than a decade as a drought across the country’s east coast wilts supply in the world’s fourth largest exporter of the staple grain. Australia’s Department of Agriculture and Water Resources said late on Tuesday that it has approved an import permit […] Read more

General, Markets, Weather

No automatic renewals this year for Ontario’s RMPs

By GFM Network News May 11, 2019

With a new option this year for coverage under Ontario’s Risk Management Program (RMP), producers won’t be able to let previous decisions ride. Agricorp, the province’s farm program delivery agency, on Thursday released full 2019 program details for the RMPs for grains/oilseeds, cattle, hogs, veal and sheep, including premium rates and updated program timelines. As […] Read more

Crops, News, Weather

Seeding begins slightly behind five-year average

Saskatchewan Crop Report for the week ending May 6

By Saskatchewan Agriculture May 9, 2019

Despite cool weather this past week, many producers have begun seeding operations and many more expect to be in the field this coming week, once conditions improve. Thirteen per cent of the crop is now seeded, which is slightly behind the five-year average (2014-2018) of 14 per cent for this time of year. Recent cool […] Read more

Crops, Machinery, Markets, Reuters, Weather

Climate change has U.S. fund managers adjusting agriculture investments

By GFM Network News May 3, 2019

New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more

Crops, Weather

Mustard acres to decrease, but yield outlook strong

By GFM Network News May 2, 2019

MarketsFarm — The most recent principal field crop acreage report from Statistics Canada predicts mustard seed area will drop from approximately 500,000 acres to 400,000 in 2019, concentrated mainly in southwestern, south-central, and west-central Saskatchewan. Although fewer acres are expected to be seeded, prime mustard-growing areas in Saskatchewan and Alberta saw precipitation in recent weeks, […] Read more

Severe flooding in the U.S. Midwest may weigh on plantable acreage this spring for producers such as Justin Mensik, a corn and soybean grower shown here March 22, 2019 at his farm at Morse Bluff, Neb., about 70 km west of Omaha. (Photo: Reuters/Humeyra Pamuk)

Crops, Reuters, Weather

USDA won’t survey for volume of grain lost to March floods

By GFM Network News April 25, 2019

Chicago | Reuters — The U.S. Department of Agriculture’s statistical arm will not collect data on the volume of harvested grain lost when farms from the Dakotas to Missouri were hit by flooding in March that burst grain storage bins, a government official said on Tuesday. However, figures in USDA’s regular quarterly stocks report for […] Read more

Statistics Canada’s March preliminary estimates of principal field crop areas, including 2019 acreage forecast released April 24, 2019. (Statcan.gc.ca)

Crops, Markets, Reuters, Weather

Canadian farmers to reduce canola plantings by seven per cent

By Rod Nickel, GFM Network News April 24, 2019

Winnipeg | Reuters — Canadian farmers intend to plant seven per cent fewer acres of canola this spring compared with a year earlier, even less than expected by analysts and traders, as a dispute with China hampers demand, a government report showed on Wednesday. China and Canada are locked in a diplomatic and trade dispute […] Read more

File photo of rice growing near Pune in Maharashtra, western India. (ePhotocorp/iStock/Getty Images)

Crops, Markets, Pulses, Weather

Near-normal monsoon expected in India

By MarketsFarm Team, GFM Network News April 16, 2019

MarketsFarm — Monsoon rains in India are expected to be near normal in 2019, according to the first long-range forecast of the year from the India Meteorological Department. The southwest monsoon typically runs from June through September. It provides crucial moisture for the country’s agriculture sector, as it accounts for roughly 70 per cent of […] Read more

Sea surface temperature anomalies over the equatorial Pacific for the week centred on April 3, 2019. (CPC.ncep.noaa.gov)

Crops, Weather

Prairies can expect unexpected from El Nino this summer

By GFM Network News April 12, 2019

MarketsFarm — The U.S. National Weather Service Climate Prediction Center on Thursday reported a 65 per cent chance of El Nino prevailing throughout 2019’s growing season. “A weak El Nino is likely to continue through the Northern Hemisphere summer 2019 (65 per cent chance) and possibly fall (50-55 per cent chance),” the CPC’s report said. […] Read more

Water vapour imagery from the U.S. National Oceanic and Atmospheric Administration’s GOES East satellite on April 10, 2019 shows a powerful late-season winter storm expected to bring heavy snow and high winds to parts of the north-central U.S. Plains and the upper Midwest. Bright blue and white areas indicate high water vapour or moisture content. (Satellite map courtesy NOAA)

Crops, Reuters, Weather

Blizzard forces closure of some U.S. grain processors, elevators

By Reuters, GFM Network News April 11, 2019

Chicago | Reuters — A second “bomb cyclone” blizzard hitting the United States was limiting the movement and processing of corn, soybeans and wheat around the Midwest and Plains on Thursday. Grain trader Cargill said it was closing three of its grain handling facilities in Minnesota, two in South Dakota and one in Nebraska on […] Read more

U.S. grains: Corn sags as bumper US crop harvest advances, soybeans retreat

U.S. livestock: Cattle futures rally, hogs rise

Fund traders flip to net short in canola futures

GFM Network News

U.S. grains: Corn sags as bumper US crop harvest advances, soybeans retreat

U.S. livestock: Cattle futures rally, hogs rise

Fund traders flip to net short in canola futures

Weather

Australia to import first wheat in 12 years as drought bites

No automatic renewals this year for Ontario’s RMPs

Seeding begins slightly behind five-year average

Climate change has U.S. fund managers adjusting agriculture investments

Mustard acres to decrease, but yield outlook strong

USDA won’t survey for volume of grain lost to March floods

Canadian farmers to reduce canola plantings by seven per cent

Near-normal monsoon expected in India

Prairies can expect unexpected from El Nino this summer

Blizzard forces closure of some U.S. grain processors, elevators

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