Insights and Stories on Drought

Aug. 14, 2017 at 6:32 pm CDT

More ranchers in five provinces may now be able to defer some of their taxable income from their livestock sales in 2016 due to drought. The federal government on Aug. 4 announced its final list of drought-designated regions where the livestock tax deferral provision will be allowed for the 2016 […]

By Staff

Jul. 6, 2017 at 8:48 pm CDT

CNS Canada — Dry conditions in southern Saskatchewan are cause for vigilance, but rain could still pull out a healthy harvest, according to a provincial soil and nutrient specialist. The area of concern lies within a triangle shape, with the northern tip at Saskatoon, one arm stretching southeast to Weyburn, […]

By Terry Fries

Jun. 29, 2017 at 2:31 pm CDT

Chicago | Reuters — Drought conditions in the northern U.S. Plains that have propelled spring wheat prices to a three-year high worsened in the past week and there are forecasts for more hot and dry weather that could crimp the harvest. As the world struggles with a glut of grain […]

By Mark Weinraub

Jun. 13, 2017 at 8:12 pm CDT

Western Canadian feeder cattle prices were once again unchanged from week-ago levels. After the major rally in late April and May, the market has basically traded in a sideways range and is looking for direction. Feedlot operators have experienced healthy margins during the first half of 2017 and this will […]

By Jerry Klassen

Jun. 5, 2017 at 5:45 pm CDT

Chicago | Reuters — U.S. spring wheat futures traded on the Minneapolis Grain Exchange (MGEX) closed higher on Monday for a fourth straight session on fears of hot, dry weather in the northern Plains, while corn and soybean futures ended fractionally higher. MGEX July spring wheat ended up 5-1/4 cents […]

By Julie Ingwersen