Weather & Production Tips

Corn in progress just east of Blumenort, Man. on July 20, 2022. (Dave Bedard photo)

CBOT weekly outlook: Harvest, crop conditions pressuring prices

By GFM Network News August 31, 2022

MarketsFarm — The Pro Farmer Midwest Crop Tour earlier this month brought attention to a potential reduction of corn yields in some areas of the U.S., causing a rally in prices. However, after crop conditions did not fall as expected, prices underwent a correction, according to one analyst. The U.S. Department of Agriculture (USDA), in […] Read more

People cook food beside their damaged house following rains and floods during Pakistan’s monsoon season at Jafarabad, about 400 km north of Hyderabad, on Aug. 28, 2022. (Photo: Reuters/Amer Hussain)

Crops, Fruit/Vegetables, Markets, Reuters, Weather

Produce prices spike in flood-hit Pakistan as food crisis looms

Flooding wrecks crops, hampers logistics

By GFM Network News August 31, 2022

Lahore | Reuters — Vegetable and fruit prices have soared in markets across Pakistan as devastating rains ruin crops and disrupt supplies, an early sign of how the worst floods in decades are creating food shortages at a time of financial crisis. Pakistan’s 220 million people are already facing rampant inflation, with consumer prices up […] Read more

Livestock, Weather

Initial drought list ready for 2022 livestock tax deferrals

Much of Manitoba, southern Alberta designated for 2022

By Dave Bedard, GFM Network News August 31, 2022

Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and Saskatchewan where livestock tax deferral […] Read more

Crops, Weather

Canadian crop production bounces back, StatCan reports

Wheat at higher end of trade projections

By GFM Network News August 29, 2022

MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that this year’s crop production would […] Read more

Crops, Markets, Weather

Greater crop production estimated prior to StatCan report

Extended time lag between survey, data's release criticized

By GFM Network News August 26, 2022

MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. Traders and analysts are interested […] Read more

Internally displaced Ethiopians queue to receive food aid in the Higlo camp for people displaced by drought, at the town of Gode in Ethiopia’s Somali region on April 26, 2022. (Photo: Reuters/Tiksa Negeri)

Crops, Reuters, Weather

Acute food insecurity now touching 345 million worldwide

By GFM Network News August 24, 2022

Baghdad | Reuters — The number of people facing acute food insecurity worldwide has more than doubled to 345 million since 2019 due to the COVID-19 pandemic, conflict and climate change, the World Food Programme (WFP) said on Wednesday. Before the coronavirus crisis, 135 million suffered from acute hunger worldwide, Corinne Fleischer, the WFP’s regional […] Read more

An aerial view of parched terrace fields at Chongqing’s Fuyuan village in east-central China on Aug. 19, 2022. (Photo: Reuters/Thomas Peter)

Crops, Reuters, Weather

China’s farmers struggle to save crops as heatwave, drought drag on

By GFM Network News August 19, 2022

Chongqing | Reuters — As the tinder-dry countryside along China’s Yangtze river basin withers under a heatwave that has lasted more than two months, veteran farmer Chen Xiaohua recalled the last severe drought to hit his crops more than 60 years ago. “This year is drier than 1960,” said Chen, 68, from his plot of […] Read more

CBOT November 2022 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 steady

U.S. Midwest rain, Ukraine sea exports add pressure

By Christopher Walljasper, GFM Network News August 17, 2022

Chicago | Reuters — Chicago soybeans inched higher on Wednesday, bouncing from two days of declines, though the recovery was limited by rain improving weather forecasts in the U.S. Midwest. Wheat prices fell, pressured by increased export activity from Ukraine, while corn traded near even. The most-active soybean contract on the Chicago Board of Trade […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Chickpea harvest approaches amid low worldwide supplies

By GFM Network News August 16, 2022

MarketsFarm — The harvest for Western Canada’s chickpea crop is about to begin and it comes at a time when worldwide supplies of the pulse are at a low point. Colin Young, manager of Mid-West Grain Ltd. at Moose Jaw, Sask., said there are varying chickpea yields in the western Prairie region, where most of […] Read more

File photo of the bridge to Apex, an outlying area of Iqaluit. (Henry Baillie-Brown/iStock/Getty Images)

General, Reuters, Weather

Iqaluit declares state of emergency over water shortage

By GFM Network News August 13, 2022

Ottawa | Reuters — The northern Canadian city of Iqaluit declared a state of emergency on Friday after scarce rain this year left water levels in the local Apex River at a four-decade low. Iqaluit warned it may not have enough water in its reservoir to sustain its population of about 7,800 when a freeze-up […] Read more

Daily Network News

Southern California honeybees show resistance to varroa mites

Pulse Weekly: SaskPulse optimistic despite input, crop price concerns

Canadian aquaculture should be classed as agriculture, industry groups say

Weather