Insights and Stories on Weather

Aug. 31, 2022 at 2:46 pm CDT

MarketsFarm — The Pro Farmer Midwest Crop Tour earlier this month brought attention to a potential reduction of corn yields in some areas of the U.S., causing a rally in prices. However, after crop conditions did not fall as expected, prices underwent a correction, according to one analyst. The U.S. […]

By Adam Peleshaty

Aug. 31, 2022 at 2:31 pm CDT

Lahore | Reuters — Vegetable and fruit prices have soared in markets across Pakistan as devastating rains ruin crops and disrupt supplies, an early sign of how the worst floods in decades are creating food shortages at a time of financial crisis. Pakistan’s 220 million people are already facing rampant […]

By Mubasher Bukhari

Aug. 30, 2022 at 7:49 pm CDT

Many of the Prairie livestock producers forced by drought to make “difficult herd management decisions” in the 2022 income tax year are now eligible to defer the taxable income from those decisions. Federal Agriculture Minister Marie-Claude Bibeau on Tuesday released the initial list of designated regions in Alberta, Manitoba and […]

By Dave Bedard

Aug. 29, 2022 at 2:02 pm CDT

MarketsFarm — After 2021’s historic drought on the Prairies caused crop production to fall to historic lows, the 2022 harvest has mostly bounced back to pre-drought levels, according to Statistics Canada. StatCan on Monday released its July 2022 satellite image-based principal field crop production estimates, which confirmed analysts’ expectations that […]

By Adam Peleshaty

Aug. 25, 2022 at 8:00 pm CDT

MarketsFarm — Analysts are expecting Canadian crop production totals for the 2022-23 marketing year to be substantially higher compared to drought-stricken 2021-22, but still not enough to fully replenish supplies. Statistics Canada (StatCan) will publish its first satellite image model-based yield and production estimates for principal field crops on Monday. […]

By Adam Peleshaty