Insights and Stories on Drought

Canada’s drought forces canola importers to turn elsewhere

Oct. 4, 2021 at 3:25 pm CDT

Winnipeg | Reuters — Canada’s smallest canola harvest in 13 years, resulting from severe drought, is forcing importers like Japan and Mexico to pay more or scour other countries for the yellow-flowering oilseed. With the scant available Canadian canola fetching high prices, customers of the world’s biggest canola exporter are […]

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

By P.J. Huffstutter

U.S. spring wheat crop down sharply in 2021

Sep. 30, 2021 at 4:01 pm CDT

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 […]

By Adam Peleshaty

Roquette warns of price rise in plant-based food market

Sep. 27, 2021 at 3:55 pm CDT

Paris | Reuters — A global surge in pea prices linked to low supplies and growing demand for plant protein will inevitably need to be passed on to customers, including makers of alternative food such as meat-free burgers, French producer Roquette said on Monday. The market for alternative protein has […]

By Reuters

U.S. grains: Wheat firms on global supply issues

Sep. 23, 2021 at 4:22 pm CDT

Chicago | Reuters — Chicago wheat futures firmed on Thursday, strengthened by global supply concerns and a firming oat futures market on drought-stricken North American supplies. Corn and soybeans edged higher, supported by wheat and oats. The most-active wheat contract on the Chicago Board Of Trade (CBOT) added 12 cents […]

By Christopher Walljasper

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