Insights and Stories on Drought

Pulse weekly outlook: Lentils, peas show large declines in StatCan report

Aug. 29, 2023 at 6:50 pm CDT

MarketsFarm — Statistics Canada (StatCan) showed a mostly tightened outlook for Canadian pulses in its first model-based supply/demand estimates for the 2023-24 marketing year. StatCan on Tuesday released those projections, which largely presented a reduction in yields due to ongoing dry conditions on the Prairies. As of July 31, Canadian […]

Canada to harvest less wheat than expected due to drought

Aug. 29, 2023 at 5:14 pm CDT

By Rod Nickel

Panama Canal’s drought-induced bottleneck eases

Aug. 22, 2023 at 8:25 pm CDT

By Elida Moreno Marianna Parraga

Saskatchewan front-loads AgriRecovery funding

Aug. 21, 2023 at 9:17 pm CDT

By Dave Bedard

Livestock tax deferral list begins in West for 2023

Aug. 21, 2023 at 8:02 pm CDT

By Dave Bedard

U.S. grains: Soybeans run up to three-week high on hot, dry weather

Aug. 21, 2023 at 5:23 pm CDT

Chicago | Reuters — Chicago soybeans rose for a fourth straight session on Monday, reaching a three-week high as hot, dry U.S. conditions fueled concerns over crop stress. Wheat fell as Ukraine sought new Black Sea avenues for export, adding pressure to corn futures. Markets were awaiting results from the […]

By Christopher Walljasper

AAFC cuts production numbers on drought

Aug. 21, 2023 at 4:32 pm CDT

MarketsFarm — Agriculture and Agri-Food Canada published its August outlook for principal field crops on Friday, with some notable changes. Production for several cereal, oilseed and pulse crop were reduced, leading to revisions in exports, domestic usage and ending stocks. The report pointed to drought in southern Alberta and western […]

By Glen Hallick - MarketsFarm

U.S. livestock: October live cattle futures lowest since July

Aug. 17, 2023 at 6:55 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures ended lower on Thursday, with the most-active contract hitting its lowest price since July, as the market continued to retreat from recent highs. Futures and cash prices have jumped this year after drought reduced the amount of pastures available for […]

By Tom Polansek

U.S. livestock: CME live cattle set two-week low

Aug. 16, 2023 at 5:16 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures stumbled to their lowest level in more than two weeks on Wednesday, while lean hogs hit their lowest price since June. Drought prompted U.S. cattle producers to reduce their herds since last year by driving up feed costs and reducing […]