Insights and Stories on Drought

Aug. 30, 2022 at 7:49 pm CDT

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 those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and […]

By Dave Bedard

Aug. 30, 2022 at 4:46 pm CDT

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 satellite image-based principal field crop production estimates on Monday, projecting sharp increases in production for most of Canada’s crops, including […]

By Adam Peleshaty

Aug. 29, 2022 at 2:02 pm CDT

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 Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that […]

By Adam Peleshaty

Aug. 25, 2022 at 8:00 pm CDT

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. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. […]

By Adam Peleshaty

Aug. 22, 2022 at 4:38 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures rose 2.2 per cent on Monday, supported by hopes for a pick-up in the pace of exports as farmers in top global consumer China struggle with hot and dry weather that is expected to reduce the size of the crop […]

By Mark Weinraub