As harvest looms, China tells farmers to replant or switch crops

Farmers say crops are stunted from lack of water, government sees “serious threat” to food production

As China’s record heatwave starts to subside, farmers are assessing the damage caused by a prolonged drought while the government is urging them to replant or switch crops where they can. More than 70 days of extreme temperatures and low rainfall have wreaked havoc along the basin of the Yangtze, which supports more than 450

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn dips but still posts monthly gain

CBOT soy lower, wheat up

Chicago | Reuters — U.S. corn futures declined for a second session on Wednesday on profit-taking at the end of the month and mounting recession worries, but the market nonetheless gained eight per cent during August due to eroding U.S. and European crop prospects. Soybean futures ended lower after a back-and-forth session. But wheat turned


An aerial view of parched terrace fields at Chongqing’s Fuyuan village in east-central China on Aug. 19, 2022. (Photo: Reuters/Thomas Peter)

Yangtze tributary runs dry as China faces another month of drought

Water is running low when crops are at a crucial stage, officials say

Chongqing/Shanghai | Reuters — Residents living near a tributary of the Yangtze river in the southwestern region of Chongqing clambered along the dry riverbed Aug. 18 amid an unprecedented drought across the region that could last another month. “I am actually pretty worried, because the water has been cut off in my compound,” said Tian

(File photo courtesy Canada Beef Inc.)

Initial drought list ready for 2022 livestock tax deferrals

Much of Manitoba, southern Alberta designated for 2022

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 Saskatchewan where livestock tax deferral


File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: StatCan shows big jump in pea, lentil production

MarketsFarm –– The Canadian pulse harvest appears to be making a comeback after production struggled with a historic drought in Western Canada last year. Statistics Canada (StatCan) released its July satellite image-based principal field crop production estimates on Monday, projecting sharp increases in production for most of Canada’s crops, including pulses. Canada’s dry pea harvest

(Dave Bedard photo)

Canadian crop production bounces back, StatCan reports

Wheat at higher end of trade projections

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 this year’s crop production would


DFM says extraordinary cost increases justified a nearly 11 per cent increase in milk prices.

Province’s dairy farmers needed second price hike, DFM says

Lack of transparency in price-setting makes Canadian dairy an easy target for critics

High feed costs, after-effects from last year’s drought and other rising costs made double dairy price hikes necessary for Manitoba farmers, Dairy Farmers of Manitoba says. “Farmers were telling us – you know, I could feel it too – that, you know ‘I’ve already used up all my cash reserves’, and costs were rising quickly,

(Dave Bedard photo)

Greater crop production estimated prior to StatCan report

Extended time lag between survey, data's release criticized

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. Traders and analysts are interested