MarketsFarm — Statistics Canada’s crop condition assessment program (CCAP) on Thursday released its weekly normalized difference vegetation index (NDVI) values from April 11 to May 29 — telling the tale of weather extremes in the Prairie provinces. As of the fourth week of May, seeding was 95 per cent complete in Alberta, compared to the […] Read more
Tag Archives drought — page 13
StatCan releases satellite crop vegetation data
Thunder Bay grain shipments down on year through two months
MarketsFarm — Grain shipments through the Port of Thunder Bay are running well behind normal through the first two months of the 2022 shipping season, according to a release from the port. However, potash movement through the port is up considerably, with inbound shipments of general cargo also strong. Grain shipments through the end of […] Read more
Canola exports slow to trickle
Wheat exports also well behind curve: CGC
MarketsFarm — Canadian canola exports have slowed to a trickle, as supplies dwindle with only two months left in the current marketing year. Only 900 tonnes of canola were exported out of the country during the week ended May 27, according to the latest data from the Canadian Grain Commission. That was down from the […] Read more
Feed weekly outlook: Rains forecast for southern Alberta
MarketsFarm — The prospect of rain over drought-stricken southern Alberta, with Calgary and Lethbridge possibly seeing at least 30 millimetres from June 4 to 7, would seem to be a godsend for growers. However, recent history suggests the moisture may not matter in the long term, according to Mike Fleischhauer of Eagle Commodities Ltd. at […] Read more
U.S. grains: Chicago wheat limit up on India’s export ban
CBOT corn, soybeans also higher
Chicago | Reuters — Chicago wheat futures hit their daily 70-cent trading limit cap on Monday after India banned exports of the grain, an abrupt policy change that fanned concerns about global supplies strained by Russia’s invasion of Ukraine. The wheat rally sent spillover strength to corn futures, as global buyers, who were banking on […] Read more
ICE weekly outlook: Conditions a challenge for Prairie canola
MarketsFarm — Wet conditions throughout much of the eastern half of the Canadian Prairies continued to delay spring planting this week. Meanwhile, the western half of the region remained mired in drought and in need of rain to help recently-seeded crops get off to a good start. “Get it in the ground and get some […] Read more
World could see 1.5 C of warming in next five years, WMO reports
London | Reuters — The world faces a 50 per cent chance of warming of 1.5 C above pre-industrial levels, if only briefly, by 2026, the World Meteorological Organization (WMO) said on Monday. That does not mean the world would be crossing the long-term warming threshold of 1.5 C (2.7 F), which scientists have set […] Read more
Drought gone in Manitoba but worsening in Alberta, AAFC reports
MarketsFarm — Record-breaking precipitation in southern Manitoba and eastern Saskatchewan helped improve moisture conditions in the region in April, taking much of the area out of the drought classification, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC) for the period ended April 30. Two separate Colorado lows brought significant snow, […] Read more
Alberta seeding ahead of five-year average
MarketsFarm — While spring planting in Alberta is 12.2 per cent complete overall there’s a disparity between the south and the rest of the province. Also, the pace was 2.6 points above the five-year average, but 5.2 behind last year. As of Tuesday, Alberta Agriculture found seeding in the south was at 36.5 per cent […] Read more
Feed weekly outlook: Corn trading higher than barley
Seeding begins in Alberta
MarketsFarm — Imported corn from the U.S. is still the grain of choice for feedlots in southern Alberta, despite the fact feed barley is at a slightly lower price right now. Corn traded on Wednesday at around $480 per tonne ($12.19 per bushel) in Lethbridge, said Jim Beusekom, president of Market Place Commodities in Lethbridge. […] Read more
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