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CME October 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: CME live cattle ease, heat impacts in focus

Seasonal hog supplies pressure futures

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Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a lot of the summer,” said […] Read more
Saskatchewan front-loads AgriRecovery funding
Livestock, Weather

Saskatchewan front-loads AgriRecovery funding

Joint federal-provincial program development still underway

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The Saskatchewan government says it will put up to $70 million toward “immediate measures” to support livestock producers, ahead of an expected federal-provincial AgriRecovery program for that purpose. Application forms are expected to be available via Saskatchewan Crop Insurance Corp. (SCIC) “in the coming days” for funding “to help offset extraordinary costs of feeding livestock […] Read more
Close-up from the federal government’s initial assessment map for the livestock tax deferral provision for the 2023 tax year as of Aug. 10. (AAFC map)
Livestock, Weather

Livestock tax deferral list begins in West for 2023

AgriRecovery work 'progressing,' feds say

By ,
The level of drought in parts of Western Canada so far this year has given the federal government a head start in drafting its list of jurisdictions where producers can get in on the livestock tax deferral provision. Agriculture Minister Lawrence MacAulay on Monday announced an initial list of designated regions for the provision for […] Read more
(Dave Bedard/File photo)
Crops, Markets, Weather

AAFC cuts production numbers on drought

Wheat production figures reduced, corn up

By
MarketsFarm — Agriculture and Agri-Food Canada published its August outlook for principal field crops on Friday, with some notable changes. Production for several cereal, oilseed and pulse crop were reduced, leading to revisions in exports, domestic usage and ending stocks. The report pointed to drought in southern Alberta and western Saskatchewan for the downward move. […] Read more
Floodwaters flow into Gower Gulch near Zabriskie Point, about 190 km west of Las Vegas, in California’s Death Valley National Park on Aug. 20, 2023. The U.S. National Park Service closed the park effective that afternoon due to moderate to heavy rainfall and flash flooding from Tropical Storm Hilary. (Death Valley National Park/National Park Service video screengrab via Facebook)
General, Weather

Prairie Forecast Update: Southern areas may get Hilary’s leftovers

Issued Aug. 20, covering Aug. 20-23

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An interesting weather pattern is currently in place across western North America with Tropical Storm Hilary taking an unusual northerly track as it comes in off the Pacific Ocean south of California. Tropical storms or hurricanes in that region normally do one of two things: they either recurve back out into the Pacific, or move […] Read more
The McDougall Creek wildfire burns outside West Kelowna, B.C. on Aug. 18, 2023. (Photo: Reuters/Chris Helgren)
General, Weather

B.C. wildfires intensify, evacuation orders double

Rain helping slow fires near Yellowknife

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Kelowna | Reuters — Forest fires in British Columbia intensified on Saturday, with the number of people under evacuation orders doubling from a day earlier, as authorities warned of difficult days ahead. The province declared a state of emergency on Friday to access temporary authoritative powers to tackle fire-related risks, as out-of-control fires ripped through […] Read more
CBOT November 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans advance on hot, dry forecast

Corn overcomes pressure over Mexico spat

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Chicago | Reuters — Chicago Board of Trade soybean futures approached a two-week high on Thursday on concerns that hot, dry weather in forecasts could reduce the upcoming U.S. harvest. The U.S. has little room for crop losses due to unfavourable weather because the government already projects tight soybean supplies, analysts said. Some worries over […] Read more
Smoke rises from a wildfire near Wildwood, Alta., about 100 km west of Edmonton, on May 5, 2023. (Photo: Alberta Wildfire/Handout via Reuters)
General, Markets, Weather

Alberta farmers granted late AgriStability entry

Enrolment deadline now Sept. 29

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Any Alberta producers who were considering AgriStability — but only in hindsight — for the income stabilization plan’s 2023 program year now have until Sept. 29 to apply. Ottawa and the province announced Aug. 4 that they’ve reopened the jointly-funded program, as wildfires and/or “extremely dry” growing conditions have dragged on many Alberta producers’ work […] Read more

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