Insights and Stories on Drought

Prairie quinoa yields likely to be down this year

Oct. 5, 2021 at 6:39 pm CDT

MarketsFarm — Shortly before the harvest of this year’s quinoa crop in Western Canada is about to start, expectations are for yields to be down from last year, according to Liam O’Halloran of the Northern Quinoa Production Corp. (NorQuin) in Saskatoon. “As well as everything else we had some areas […]

Canary seed prices rise as production drops

Oct. 4, 2021 at 3:47 pm CDT

By Glen Hallick - MarketsFarm

Canada’s drought forces canola importers to turn elsewhere

Oct. 4, 2021 at 3:25 pm CDT

By Rod Nickel

Canola exports down 72 per cent through eight weeks

Oct. 1, 2021 at 7:31 pm CDT

By Phil Franz-Warkentin

Tight U.S. soybean, corn stocks still beat expectations

Sep. 30, 2021 at 5:58 pm CDT

By MarketsFarm

U.S. grains: Wheat futures surge as supplies drop to 14-year low

Sep. 30, 2021 at 5:18 pm CDT

Chicago | Reuters — Chicago wheat futures surged on Thursday, after the federal government reported that U.S. supplies of wheat have fallen to their lowest level since 2007 — and that the wheat harvest is the smallest seen in 19 years. At the same time, the country ended the Sept. […]

By P.J. Huffstutter

U.S. spring wheat crop down sharply in 2021

Sep. 30, 2021 at 4:01 pm CDT

MarketsFarm — Spring wheat production in the United States was down sharply in 2021, according to the latest annual small grains report from the U.S. Department of Agriculture. Total spring wheat production was pegged at 9.01 million tonnes by the government agency, down 44 per cent from the 15.99 million […]

By Phil Franz-Warkentin

ICE weekly outlook: Analyst sees canola spike late next month

Sep. 29, 2021 at 7:21 pm CDT

MarketsFarm — As the canola harvest winds down on the Prairies, ICE Futures canola began to climb upward in approaching $900 per tonne, the upper limit of its range. That’s given Winnipeg-based analyst Wayne Palmer of Exceed Grain reason to believe canola will bust through $900 per tonne. “That’s all […]

By Glen Hallick - MarketsFarm

Pulse weekly outlook: Pea protein in demand despite falling yields

Sep. 28, 2021 at 4:34 pm CDT

MarketsFarm — Very few crops took more of a hit during the drought-stricken summer of 2021 than dry peas. Meanwhile, firm international demand and tightening stocks will raise pea prices even higher. According to Agriculture and Agri-Food Canada’s (AAFC) latest field crop estimates released Friday, pea production dropped 45 per […]

By Adam Peleshaty

AAFC lowers ending stocks estimates on crops

Sep. 27, 2021 at 4:13 pm CDT

MarketsFarm — Canadian producers will see much tighter grain and oilseed stocks at the end of the current 2021-22 marketing year than what was expected last month, while those for pulse and special crops remain mostly steady. Agriculture and Agri-Food Canada’s (AAFC) September supply/demand estimates, released Friday, project 2021-22 ending […]