MarketsFarm — The average oil content of Canada’s canola crop came in well below normal in 2021-22, according to the final quality report for the year from the Canadian Grain Commission (CGC). The average oil content came in at only 41.3 per cent for the year, which compares with 44.1 per cent the previous year […] Read more
Tag Archives drought — page 15
Oil content of Canada’s canola well below average in 2021
Rate of rise in farmland value ‘surprised’ in 2021
Canada books 8.3 per cent year-over-year increase, FCC reports
MarketsFarm — Despite a year of economic uncertainty due to extreme weather, reduced crop yields and the COVID-19 pandemic, the value of Canadian farmland rose by its highest rate in four years, according to a report from Farm Credit Canada (FCC). FCC’s report, released Monday, revealed that the national average value of farmland increased by […] Read more
Most of Prairies still very dry, but recovery possible
Southern Manitoba considered out of drought
MarketsFarm — Despite the Prairies receiving above-normal amounts of precipitation during February, the great majority of the region remained highly vulnerable to more dryness going into spring, according to the Canadian Drought Monitor. The monitor’s latest report showed those areas of the Prairies tackling extreme drought to have retracted somewhat. As of Feb. 28, that […] Read more
Rye in strong position going into 2022
MarketsFarm — Last summer’s drought sharply reduced yields of many crops across the Prairies, leaving multiple supply challenges and rising prices in the aftermath. Western Canadian rye, however, was largely left unscathed, which may bode well for the crop heading into 2022. Rye production came in at 473,000 tonnes for 2021-22, according to Statistics Canada […] Read more
Italian ministry tells firms to source durum from Canada
Rome | Reuters — In the wake of Russia’s invasion of Ukraine, Italian firms can source durum wheat from Canada, the Italian industry ministry said in a statement following meetings on Wednesday with various firms and associations. The statement added that alternative suppliers for clay, iron and sunflower seeds had not yet been found. Ukraine […] Read more
Saskatchewan forage rainfall insurance to adjust for hot spells
SCIC also expanding crop roster for contract price option
Saskatchewan forage and corn growers whose crops are insured against below-normal rainfall can expect a beneficial bump starting this year if those crops get cooked in high heat. The Saskatchewan and federal governments on Tuesday announced details for their 2022 crop insurance program — under which average coverage is expected to reach $405 per acre, […] Read more
Pulse weekly outlook: Four factors to consider before going with peas
MarketsFarm — There are four factors to consider before deciding whether to plant dry peas this spring, according to Darryl Domitruk, executive director of Manitoba Pulse and Soybean Growers at Carman, Man. The first is field selection, as peas need to be planted with less residuals such as nitrates, Domitruk said. “Pulses manufacture their own […] Read more
Rising prices could lead to more mustard acres
MarketsFarm — A further tightening in Canada’s mustard supply is the main culprit in recent price spikes for the seed. Yellow mustard in Western Canada has a high-delivered bid of $1.61/lb., up 10 cents from last month and $1.18 higher than last year, according to Prairie Ag Hotwire data. Over the past month, the high-delivered […] Read more
Flooding in Manitoba hinges on coming spring melt
MarketsFarm — Manitoba’s Hydrologic Forecast Centre (HFC) released an initial spring flood outlook report Friday citing the risk of moderate to major flooding in most the province’s southern basins. Transportation and Infrastructure Minister Doyle Piwniuk said the amount of flooding will depend on weather conditions from now until spring melt. The HFC advised that, while […] Read more
World soybean output, stocks estimates chopped
MarketsFarm — Downward revisions to soybean numbers stand out the most in February’s grain market report from the International Grains Council (IGC). Otherwise, the monthly estimates have minor alterations. The IGC cut its forecast on 2021-22 global soybean production by four per cent from its January report, bringing its projection to 353.1 million tonnes. The […] Read more
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