Insights and Stories on Drought

Feb. 11, 2022 at 2:04 pm CST

MarketsFarm — New supply data from both sides of the Canada/U.S. border, as well as ongoing drought in wheat growing regions, have supported western Canadian wheat bids for the week ended Thursday. The U.S. Department of Agriculture released its monthly supply/demand estimates on Wednesday and cut its projected global wheat […]

By Adam Peleshaty

Feb. 10, 2022 at 7:20 pm CST

MarketsFarm — Corn has become the primary feed grain in Alberta feedlots due to its lower price compared to barley and wheat. However, rising corn prices in the U.S. and transportation issues are causing some buyers to give pause. “Basic levels are a little bit stronger. (Add in) the exchange […]

By Adam Peleshaty

Feb. 8, 2022 at 7:42 pm CST

MarketsFarm — Canada’s tight supplies of canola, wheat and other crops following the 2021 Prairie drought received more confirmation from Statistics Canada with the release of updated stocks data on Tuesday. Canola stocks, as of Dec. 31, 2021, of 7.6 million tonnes were down 43 per cent from the previous […]

By Phil Franz-Warkentin

Feb. 8, 2022 at 7:22 pm CST

MarketsFarm — Mixed precipitation throughout January helped drought conditions improve across much of the Canadian Prairies during the month, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC), released Tuesday. Conditions have deteriorated in some areas, however, and the majority of Western Canada was still in […]

By Phil Franz-Warkentin

Feb. 8, 2022 at 6:49 pm CST

MarketsFarm — Statistics Canada’s latest report on stocks of principal field crops clearly demonstrated how much of an effect last summer’s historic drought in Western Canada had on pulse crops. According to the report released Tuesday, last December’s total domestic stocks for dry peas, chickpeas, lentils and soybeans all declined […]

By Adam Peleshaty