Ontario corn is showing heat stress in some areas.

StatsCan sees corn, soy crops down on the year

Too wet and too hot and dry at different parts of the seasons have hurt the crops

Reading Time: 2 minutes Poor spring planting conditions followed by hot and dry July weather likely hurt soybean and corn yields in eastern Canada this year, resulting in smaller crops, according to Statistics Canada’s production of principal field crops report, released Wednesday. Nationally, the Canadian soybean crop is forecast at 6.2 million tonnes, which would be down by one […] Read more

Prairie hail claims pass 10,000 for year

Reading Time: 1 minute MarketsFarm — More than 10,000 claims for hail damage have been filed by Prairie farmers so far in 2019 with insurance companies belonging to the Canadian Crop Hail Association. Between July 27 and Aug. 6, hail on the Prairies saw farmers add 900 claims alone, according to a CCHA press release Friday. To date overall, […] Read more

USDA attache to Canada predicts larger wheat crop

Reading Time: 1 minute MarketsFarm — A new report from the Ottawa-based attache to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) has raised its estimate of total wheat production in Canada for 2019. The report Thursday from attache Phil Hayes increases FAS’s estimate of wheat production in Canada for 2019 to 32.65 million tonnes, compared to last […] Read more

Development behind normal for many Saskatchewan crops: report

Reading Time: 1 minute MarketsFarm – Development for roughly a third of the spring cereals and nearly half of the oilseed crops in Saskatchewan are behind normal, according to the latest provincial crop report. About 55 per cent of the canola crop is at its normal stage of development, with 44 per cent behind. Spring cereals are at 67 […] Read more

Manitoba crops progressing quickly in hot and humid weather

Reading Time: 1 minute MarketsFarm – Dry areas of Manitoba received much needed rain during the week ended July 22, with the majority of the province’s agricultural land now reporting optimal soil moisture conditions, according to the latest weekly report from Manitoba Agriculture. Warm and humid conditions helped with crop development in most areas of the province during the […] Read more

Pulse exporter ILTA Grain under creditor protection

Reading Time: 2 minutes Corrected, July 11 — MarketsFarm — B.C.- based pulse exporter ILTA Grain, which operates pulse handling and processing facilities in Saskatchewan, has been granted creditor protection by that province’s Supreme Court. “The decision to file for (Companies’ Creditors Arrangement Act protection) was made after careful consideration and in our view, is a necessary step for […] Read more

Farm equity growth slows in 2018

Reading Time: 1 minute MarketsFarm — Equity in Canada’s farm sector increased by 3.6 per cent in 2018, hitting $522.2 billion, according to a report Thursday from Statistics Canada. The growth was well below the 6.4 per cent increase reported the previous year, and continued a trend of slower growth since 2013. Realized net farm income was down by […] Read more

Feed weekly outlook: Grain prices strong as dry weather persists

Reading Time: 1 minute MarketsFarm — Producers are anxious to stock up on feed grains as weather across the Prairies has remained dry. “We’ve been seeing buyers being quite aggressive [when] bidding on all feed grains,” explained Nelson Neumann of Agfinity in Lethbridge. “Nobody wants to be caught without anything over the summer.” With little precipitation in the forecast, […] Read more

Canadian crop development behind average

Reading Time: 1 minute MarketsFarm — Crop development is running behind average across much of Canada, with excessive moisture delaying seeding in Ontario and dryness slowing crop development across the Prairies. That’s according to the latest satellite data from the federal Crop Condition Assessment Program (CCAP), created in partnership between Statistics Canada and Agriculture and Agri-Food Canada. Crop development […] Read more

Pulse weekly outlook: Benchmark report out for fababeans, feed peas

Reading Time: 1 minute MarketsFarm — Alberta Pulse Growers on Monday released Feed Benchmark Bi-Weekly Reports, providing “a consistent and unbiased estimate of the feeding value of low-tannin fababeans and feed peas” in central Alberta, central Saskatchewan and southern Manitoba. Comparing fababean and feed pea prices to other feed grains, the report stated, “Grains are softening further on the […] Read more