Precipitation, moisture low in Manitoba despite fall reprieve

Last summer’s drought resulted in below-normal soil moisture and precipitation levels in most of southern Manitoba but some areas received late relief, according to a new report from the province. Manitoba Infrastructure’s Hydrologic Forecast Centre released its 2021 fall conditions report on Dec. 16, stating that most of southern Manitoba received only 50 to 85[...]

Long-range outlook points to warmer winter

MarketsFarm -- Warmer than normal temperatures are expected across nearly all of Canada this winter, with average precipitation for most of the agricultural areas of the Prairies. The latest long-range seasonal forecast from Environment Canada, released Tuesday, calls for a 40 per cent chance of above-normal temperatures from November through January across most of Alberta,[...]


Pulse weekly outlook: Dryness to cut into Australian production

MarketsFarm -- Dry conditions and low soil moisture reserves in key Australian growing regions, along with expectations for developing El Nino weather patterns, are expected to cut into the country's pulse production in 2023-24, despite steady to higher seeding intentions for several crops, according to the latest crop report from the Australian Bureau of Agricultural[...]

Argentina soybean crop smaller than expected, USDA attaché says

MarketsFarm -- Argentina’s 2022-23 soybean crop is likely much smaller than official projections as high temperatures and a lack of moisture cut into yields, according to an update from the U.S. Department of Agriculture’s Buenos Aires attaché. The USDA post from the South American country pegged the soybean crop at only 36 million tonnes, which[...]


Weather Network predicts mild winter, with caveats

MarketsFarm -- Strong El Niño conditions that have developed in the Pacific Ocean would typically lead to a milder winter across Canada -- but other factors this year could challenge that outlook, according to the winter forecast from The Weather Network, released Wednesday. The winter forecast features a mild start to the season, with a[...]

Manitoba's harvest 79 per cent complete, report says

MarketsFarm -- Harvest operations across Manitoba were 79 per cent complete as of Tuesday, according to the latest crop report from the provincial agriculture department. That figure was up from 63 per cent the previous week, but two weeks off the five-year average of 89 per cent. Harvest progress was the most advanced in central[...]


Australian crop estimates adjusted slightly lower

MarketsFarm -- Total 2023-24 winter crop production in Australia, at an estimated 45.2 million tonnes, is expected to be 34 per cent off the record highs hit last year but slightly above the June forecast as upward revisions to canola and barley counter a downward revision to the wheat number, according to the latest crop[...]

USDA's Indonesia desk predicts increased palm oil production

MarketsFarm -- Indonesia, the world's largest producer of palm oil, is forecast to see a three per cent rise in production in 2023-24, according to the U.S. Department of Agriculture's Foreign Agricultural Service post in Jakarta. The country's USDA post anticipates 46 million tonnes of palm oil production, which would be up from 44.7 during[...]


Saskatchewan Crop Report: Dryness continues as harvest begins 

MarketsFarm – With the exception of a handful of areas, most of Saskatchewan remained dry for the week ended July 31 as harvest operations began in the province’s southwest and west-central regions. Areas north of Prince Albert and northwest of Kindersley, as well as inside and around Hudson Bay each saw more than 30 millimetres[...]

Argentina soybeans expected to go from horrible to great

MarketsFarm -- While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans -- a fair amount less than Brazil and the U.S., but a lot more than other[...]