Weather News
Today’s precipitation
June 22, 2018
Data and maps from weather stations across the Prairies are available to Glacier FarmMedia members at the WeatherFarm website, where you can also sign up for a daily forecast email for your area. On the go? Get the new WeatherFarm mobile app, available for iPhone and Android devices. To learn more about […]
Crop rallies after slow start
June 21, 2018
Satellite maps of vegetative growth on the Prairies indicate the crop is off to a poor start, but analysts say it has come roaring back in many areas. The latest map produced by Statistics Canada’s Crop Condition Assessment Program for the June 10-16 period contains a lot of brown, meaning crops are behind normal development. […] Read more
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Consider canola crop’s potential yield before spraying
June 20, 2018
As July approaches and crop canopies close, sclerotinia will be on the minds of many canola growers. But will it pay to spray? Fungicide applications are more likely to be profitable when the canola hits 30-40 bushels per acre, said Colleen Redlick, senior technical development specialist at BASF. Justine Cornelsen, […]
Flooding model ready to go
June 18, 2018
Insurance companies don’t like floods. Mostly because a major flood can put an insurance company out of business. That’s likely why The Co-operators, one of the largest insurance and financial services organizations in Canada, is supporting a project that could reduce the risk of floods on the Prairies. The Co-operators have contributed to the Aquanty […] Read more
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Rains ease dryness concerns in Saskatchewan
June 15, 2018
Winnipeg (CNS Canada) – Rain across Saskatchewan helped to alleviate the dryness concerns, according to the Saskatchewan Ministry of Agriculture’s crop report for the week ended June 11. However the southeast corner of the province has experienced localized flooding. Northwestern Saskatchewan received the most rain, with the St. Walburg area recording 154 mm and the […] Read more
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U.S. grains: Corn, soy drop to multi-month lows as weather improves
June 14, 2018
Chicago | Reuters — Forecasts for crop-boosting weather in key growing areas of the U.S. Midwest pushed corn and soybean futures to multi-month lows on Thursday, traders said. Wheat futures also were sharply lower, their second straight day of steep declines, with investors continuing to push back against a sharp […]
Ag News
Wheat shipment halt seen as temporary
June 23, 2018
Wheat sales are expected to soon resume to Japan and South Korea. Both nations suspended Canadian wheat imports following the June 15 announcement that Canada had discovered several genetically modified (GM) wheat plants in southern Alberta. But both are expected to come back to the market shortly, while exports to […]
U.S. livestock: Hogs sink on weak cash markets, packer margins
June 23, 2018
Chicago | Reuters — Chicago Mercantile Exchange lean hog futures settled mostly lower on Friday as falling cash hog prices and poor packer margins weighed on the market, traders said. Worries over slowed pork export demand due to threatened retaliatory tariffs by key trading partners, including Mexico and China, also […]
U.S. feedlots draw more cattle than expected in May
June 23, 2018
Chicago | Reuters — Ranchers in May drove more cattle into U.S. feedlots than anticipated compared with the same period a year ago, said analysts after Friday’s U.S. Department of Agriculture monthly Cattle on Feed report. The data also showed the June 1 feedlot cattle supply climbed 4.1 per cent […]
Canola floats on weak currency
June 21, 2018
Winnipeg (CNS Canada) – Canola contracts on the ICE Futures Canada platform posted modest gains on Thursday, taking advantage of recent weakness in the Canadian currency. The Canadian dollar is near its lowest level, relative to the U.S. dollar since last year. Demand for canola remains steady while slow farmer selling added to the upside. Some […] Read more
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Canola, soy on the rise
June 20, 2018
Winnipeg(CNS Canada) – Canola contracts on the ICE Futures Canada platform finished higher Wednesday, propped up by sharp gains in Chicago Board of Trade soyoil. Weakness in the Canadian dollar and slow farmer selling was supportive for the market. There are rumours China began buying more canola over the past few days as a result […] Read more
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CBOT markets in precarious spot over trade concerns
June 20, 2018
Winnipeg (CNS Canada) – The Chicago Board of Trade soybean market is in recovery mode following a wild day where contracts hit nearly a 10 year low. “It was one of the craziest days we’ve seen in recent memory yesterday. And volume was just absolutely through the roof,” said Terry Reilly, a senior commodity analyst […] Read more
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