Agriculture and Agri-Food Canada’s Drought Monitor map for the Prairie provinces as of April 30, 2021. (AAFC)

‘Extreme drought’ expands in Prairies

Southern Manitoba, southeastern Saskatchewan parched

Reading Time: 2 minutes MarketsFarm — The newly released map from Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows the Prairies’ ongoing drought getting worse. According to AAFC’s nationwide map released on Friday, southwestern Manitoba, parts of southern Saskatchewan and the southeast corner of Alberta are under CDM’s classification of Extreme (D3) drought as of April 30. Communities […] Read more


CBOT May 2021 soybeans (candlesticks) with 20- and 50-day moving averages (yellow, light green lines) and May 2021 soyoil (dark green line). (Barchart)

CBOT weekly outlook: May corn, soybeans reach eight-year highs

Prices seen as indicating crop scarcity

Reading Time: 2 minutes MarketsFarm — At the Chicago Board of Trade, old-crop contracts for corn and soybeans were trading at continually rising prices over the past week and one analyst believes there is a short squeeze. The May corn contract went from about $6.50 per bushel on April 22 to $7.20/bu. five days later (all figures US$). Over […] Read more

File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: StatsCan’s pea, chickpea acres short of trade expectations

Reading Time: 2 minutes MarketsFarm — Numbers were seen as disappointing for dry peas and chickpeas in Statistics Canada’s survey-based principal field crop planting projections released Tuesday. The federal agency predicted 3.839 million acres seeded for dry peas nationwide, nearly a 10 per cent decline compared to last year. By comparison, MarketsFarm projected 4.38 million acres while Agriculture and […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices taper off ahead of report

Feedlots 'not eating as much grain'

Reading Time: < 1 minute MarketsFarm — While prices for feed wheat and feed barley in Western Canada remain substantially higher than one year ago, the past month has seen slight declines. As of Wednesday, high-delivered bids for feed wheat were at least $7.25 per bushel, more than $1.50 higher than last year according to Prairie Ag Hotwire. However, over […] Read more


(Thinkstock photo)

Prairie cash wheat: Bids soar after weather events

U.S. May wheat futures up on week

Reading Time: 2 minutes MarketsFarm — Cash bids for Prairie wheat jumped as wintry weather made its way across the Prairies and U.S. northern Plains during the week ending Thursday. Wheat futures in the U.S. rose due to spillover from soybeans. However, a stronger Canadian dollar tempered Prairie wheat prices. Manitoba and Saskatchewan, as well as Montana, North Dakota […] Read more

Chickpeas. (Grigorenko/iStock/Getty Images Plus)

Pulse weekly outlook: Seeding numbers may exceed USDA expectations

Reading Time: 2 minutes MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised […] Read more

Prairies hit hard by drought

Prairies hit hard by drought

Parts of south-central, southwestern Manitoba among driest

Reading Time: 2 minutes MarketsFarm — A new nationwide drought map released by Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows just how dry conditions are in the Prairies, especially in Manitoba and Saskatchewan. Areas in southern Manitoba and southern Saskatchewan have experienced at least six months of drought conditions, according to CDM’s drought assessment as of March […] Read more


Percentage of average precipitation in Western Canada for the 90 days ending April 5, 2021. (Agriculture and Agri-Food Canada map)

Manitoba forage, grassland growers burned by drought

Reading Time: 2 minutes MarketsFarm — An ongoing lack of precipitation, which is showing no signs of letting up in the coming months according to weather forecasts, is already causing problems for Manitoba’s forage and grasslands. Growers in the province have had to deal with three straight years with lower-than-normal precipitation. In 2019, multiple rural municipalities in Manitoba’s Parkland […] Read more

(Vaclav Volrab/iStock/Getty Images)

Feed weekly outlook: Alternatives in greater demand

Reading Time: 2 minutes MarketsFarm — Price increases for feed barley and wheat in Western Canada have caused more feeders to look elsewhere for sustenance for their livestock. Prices over the last year have shot up 25 to 40 per cent, according to Prairie Ag Hotwire. “Any time you run into a high-priced commodity market, the cost of feeding […] Read more