Crop quality was the big question on the mind of the market for this first week of June, as the entire grains and oilseed complex moved higher. Despite seeing the largest one-day drop for the U.S. dollar earlier in the week since 2013 (it rebounded on Friday), weather issues were completely at the steering wheel… Read More
Category: Weather
There’s something distinctly different about this week’s news update…and it likely has something to do with Kelvin Heppner not hosting it. RealAgriculture editor and resident fast-talker, Lyndsey Smith, fills in for our usual broadcaster this week, and is joined by Debra Murphy to talk what’s top of mind this week. What do they talk about?… Read More
The rain came, but was it in time? For those crops that escaped frost damage, this last week’s weather has been well worth the wait. For those anticipating new corn and soybean growth, however, the last week has led to more disappointments than expected. What’s going on? Peter Johnson kicks off this week’s Word with… Read More
A combination of rain, snow, freezing temperatures and strong winds rolled through the eastern side of the Canadian prairies over the Victoria Day long weekend, leaving farmers wondering about the fate of their crops and when they’ll be able to resume seeding (or begin re-seeding). 70 to 80 percent of this year’s crop is seeded… Read More
The grains complex ended the week on the up and up thanks to weather concerns, strong international purchasing, and the Kansas crop tour showing fields that came in below expectations. The oilseed complex was boosted by soybean oil and meal technicals, labour issues in South America, and Chinese buying. On the wheat side, Egypt bought… Read More
Approximately 25 percent of the 2015 crop on the Canadian prairies was in the ground at the start of this week (May 4th), according to the weather and crop specialist with CWB Market Research. Dry conditions in southern Alberta, southwestern Saskatchewan and south-central/southeastern Manitoba have allowed seeding operations to advance ahead of average, with “virtually all”… Read More
A high pressure ridge centred over western Saskatchewan and eastern Alberta will likely have a major influence on weather during the upcoming growing season in Western Canada, says the senior meteorologist with World Weather Inc. The impact from this wide ridge of high pressure will vary, depending whether you’re in front, underneath or behind it, explains Drew Lerner… Read More
While the Groundhog Day forecasters across Canada are sending mixed messages about what kind of weather to anticipate for the next six weeks, the senior meteorologist with World Weather Inc. says farmers in Western Canada should expect more of what they’ve been getting. For the eastern side of the prairies, that means surges of cold… Read More
Grain markets ended the month of January well below where they started, despite volatile currencies, weather, and geo-political risk keeping prices off the lows. Managed money continue to drop their net long positions in the agricultural complex recently to its lowest levels since October, mainly thanks to the strength of the U.S. dollar. Investors in… Read More
The hangover of 2014’s long, drawn out, wet harvest has already taken a toll on seed supplies of certain crop types for 2015, says Holly Gelech, Biovision Seed Lab’s business development manager. The full fallout, however, has likely not been realized. “Farmers did a great job this fall getting seed samples in early,” says Gelech,… Read More
The federal government says Canadians will benefit from “more accurate and timely” weather forecasts thanks to $134 million in funding for Environment Canada. “Through our government’s investment in our critical weather monitoring infrastructure and innovative technologies, communities and business sectors across the country will have access to more timely and accurate weather information based on… Read More
Grain markets started 2015 out on a bad foot as the first trading day of the year on Friday, January 2nd was all red. But the complex rebounded in the following days thanks to weather concerns and managed-money changing positions. Oats, corn, (Chicago) wheat, and soybeans continue to hover over some nice even numbers of… Read More
Livestock producers in British Columbia, Alberta, Saskatchewan and Manitoba, who faced forage shortfalls due to extreme weather events this last year, will be allowed to defer tax on their cattle sales for 2014, says Agriculture Minister Gerry Ritz. There is a list of designated regions where tax deferrals have been authorized for 2014 — see… Read More
Wild and whacky weather, tumultuous markets, the plight of the honeybee and more will feature prominently on the agenda of the 2015 Southwest Agricultural Conference. Slated for January 6th and 7th, 2015, at Ridgetown, Ontario, SWAC, as it’s affectionately known, is sure to sell out — and for good reason. This year’s agenda is packed… Read More
The federal and Manitoba governments are offering AgriRecovery funding to help flooded livestock producers cover feed and transportation costs. The Manitoba government estimates 75,000 acres of hayland belonging to approximately 330 farms around Lake Manitoba and Lake Winnipegosis were flooded in May and June. Earlier today, Federal Agriculture Minister Gerry Ritz and Manitoba Agriculture, Food and… Read More