(Thinkstock photo)

Opinion: A drier world looms

The window of opportunity to address increasing drought and expanding drylands is vanishing

Chile, Argentina and the American West are in the midst of a decade-long, megadrought — the driest conditions those regions have seen in a century. And many areas in Western Canada and the United States are experiencing extreme drought — a once-in-20-year event. Drought makes agriculture less productive, reduces crop yields and increases heat-related deaths.


CBOT July 2022 wheat (candlesticks) with Bollinger bands (20,2), MGEX July 2022 spring wheat (yellow line) and K.C. July 2022 hard red wheat (orange line). (Barchart)

U.S. grains: Chicago wheat limit up on India’s export ban

CBOT corn, soybeans also higher

Chicago | Reuters — Chicago wheat futures hit their daily 70-cent trading limit cap on Monday after India banned exports of the grain, an abrupt policy change that fanned concerns about global supplies strained by Russia’s invasion of Ukraine. The wheat rally sent spillover strength to corn futures, as global buyers, who were banking on




AAFC’s Drought Monitor map at April 30, 2022. (Agriculture.canada.ca)

Drought gone in Manitoba but worsening in Alberta, AAFC reports

MarketsFarm — Record-breaking precipitation in southern Manitoba and eastern Saskatchewan helped improve moisture conditions in the region in April, taking much of the area out of the drought classification, according to the latest Drought Monitor report from Agriculture and Agri-Food Canada (AAFC) for the period ended April 30. Two separate Colorado lows brought significant snow,


(Government of Alberta via Flickr)

Alberta seeding ahead of five-year average

MarketsFarm — While spring planting in Alberta is 12.2 per cent complete overall there’s a disparity between the south and the rest of the province. Also, the pace was 2.6 points above the five-year average, but 5.2 behind last year. As of Tuesday, Alberta Agriculture found seeding in the south was at 36.5 per cent

Standing corn north of St. Adolphe, Man. on Sept. 19, 2021. (Dave Bedard photo)

Feed weekly outlook: Corn trading higher than barley

Seeding begins in Alberta

MarketsFarm — Imported corn from the U.S. is still the grain of choice for feedlots in southern Alberta, despite the fact feed barley is at a slightly lower price right now. Corn traded on Wednesday at around $480 per tonne ($12.19 per bushel) in Lethbridge, said Jim Beusekom, president of Market Place Commodities in Lethbridge.


(Lightguard/iStock/Getty Images)

Seeding already behind in Saskatchewan

MarketsFarm — Saskatchewan Agriculture on Thursday issued its first weekly crop report of 2022, showing only one per cent of all crops in the ground. The report cited cool temperatures and spring snowstorms holding back many farmers getting into their fields. The overall five-year average at this time of year is five per cent complete.