Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from […] Read more
Tag Archives drytimes

Initial drought list ready for 2022 livestock tax deferrals
Much of Manitoba, southern Alberta designated for 2022

Pulse weekly outlook: StatCan shows big jump in pea, lentil production
MarketsFarm –– The Canadian pulse harvest appears to be making a comeback after production struggled with a historic drought in Western Canada last year. Statistics Canada (StatCan) released its July […] Read more

Canadian crop production bounces back, StatCan reports
Wheat at higher end of trade projections
MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics […] Read more

Greater crop production estimated prior to StatCan report
Extended time lag between survey, data's release criticized
MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. […] Read more

China’s farmers struggle to save crops as heatwave, drought drag on
Chongqing | Reuters — As the tinder-dry countryside along China’s Yangtze river basin withers under a heatwave that has lasted more than two months, veteran farmer Chen Xiaohua recalled the […] Read more

Iqaluit declares state of emergency over water shortage
Ottawa | Reuters — The northern Canadian city of Iqaluit declared a state of emergency on Friday after scarce rain this year left water levels in the local Apex River […] Read more

Prairie drought spurs record imports via Trois-Rivieres
G3 terminal reports record incoming grain handle
Agrifood firms unable to source enough grain domestically due to last year’s drought have imported a record amount through a major St. Lawrence River grain terminal this year. Winnipeg grain […] Read more

Feed weekly outlook: Prices lower despite mixed growing conditions
MarketsFarm — While not as widespread as last year’s historic drought, some parts of Alberta are still struggling with hot and dry conditions. Suzanne Leclerc, owner of Market Master Ltd. […] Read more

Sizzling heat stresses livestock, crops in southern U.S. Plains
Chicago | Reuters — Scorching temperatures in the southern U.S. Plains are stressing cattle as well as crops such as cotton, corn and soybeans, meteorologists and traders said on Tuesday. […] Read more

Drought conditions remain in Alberta, Saskatchewan
MarketsFarm — After copious amounts of precipitation alleviated the most severe drought conditions in Saskatchewan and Alberta, there were still some areas dealing with extreme dryness entering July, according to […] Read more