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Prime Minister Justin Trudeau views damage to lobster boats from Hurricane Fiona at Stanley Bridge, P.E.I. on Sept. 27, 2022. (Photo: Reuters/Phil Matusiewicz)

Trudeau tours storm-hit Atlantic Canada as power outages persist

Flooding may hit P.E.I. potato crops

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Port aux Basques, N.L. | Reuters — Prime Minister Justin Trudeau on Tuesday started a tour of Atlantic Canada, where thousands were still without power after record-setting storm Fiona ravaged the country’s east coast, tossing homes into the sea and killing at least three people. Fiona recorded the lowest barometric pressure ever for a storm
CBOT December 2022 soft red winter wheat (candlesticks) with Bollinger bands (20,2), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat rises on short-covering, Ukraine worries

Soy turns lower; corn ends up but down off day's high

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Chicago | Reuters — U.S. wheat futures rose 1.6 per cent on Tuesday as worries about escalating conflict in Ukraine and a pause in the U.S. dollar’s run-up to 20-year highs spurred a round of short-covering, traders said. Corn futures also firmed but pared gains by the close, and soybean futures turned lower on technical
Frost falls on Manitoba fields, harvest progress less than 50 per cent
Crop Report, Crops, News

Frost falls on Manitoba fields, harvest progress less than 50 per cent

Manitoba Crop Report: Issue 21, September 27, 2022

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Overview Harvest progress sits at 47 per cent completed across the province, approximately 3.5 weeks behind the 5-year average of 79 per cent complete by week 39. Few crops were harvested last week until the weekend, since frequent drizzling rains, high humidity, and overcast conditions prevented harvest operations. Crops that were harvested before the start
(Alfio Manciagli/iStock/Getty Images)
Crops, Markets

Canadian wheat, canola stocks projections revised higher

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MarketsFarm — Canadian wheat and canola ending stocks for the 2022-23 crop year are forecast to end up above earlier projections, according to updated supply/demand estimates from Agriculture and Agri-Food Canada, released late Friday. The updated estimates account for recent production and old-crop carryout numbers from Statistics Canada. Total wheat ending stocks for 2022-23 are
Wrecked structures float in the water in the aftermath of Hurricane Fiona at Rose Blanche, N.L., about 45 km east of Port aux Basques, on Sept. 25, 2022. (Photo: Reuters/John Morris)
Weather

Cleanup work begins for Eastern Canada after Fiona

Five provinces assessing damage from 'unprecedented' storm

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Port aux Basques | Reuters — It will take several months for Canada to restore critical infrastructure after the powerful storm Fiona left an “unprecedented” trail of destruction, officials said on Sunday, as crews fanned out in five provinces to restore power and clean up fallen trees and debris. One 73-year-old woman died during the
CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 hard red spring wheat (yellow line) and K.C. December 2022 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat joins broad commodities weakness

CBOT corn, soybeans also lower

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Chicago | Reuters — U.S. wheat futures fell about three per cent on Friday, joining a broad sell-off in commodity and equity markets tied to fears of an economic downturn that would dent demand, analysts said. Corn and soybean futures joined the weaker trend, pressured by recession fears and favorable weather for the expanding U.S.

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