Machinery dealers, meat packers likely to suffer

While U.S. crops of corn and soybeans wilt in the worst U.S. drought in a half-century, winners and losers are emerging in the agriculture sector of the Toronto Stock Exchange. Shares of Agrium Inc. and PotashCorp of Saskatchewan are up 21 per cent and eight per cent since June 1, lagging far behind the spike




World powers weigh emergency meeting on food prices

Leaders want to avoid grain export embargoes that factored 
into global shortages and political instability in 2008.

Leading members of the Group of 20 nations are prepared to trigger an emergency meeting to tackle soaring grain prices caused by the worst U.S. drought in half a century and poor crops from the Black Sea bread basket. France, the United States and G20 president Mexico will hold a conference call at the end


Canadian farmers cash in on U.S. drought

After spring floods drowned his seeding plans two years straight, Walter Finlay is harvesting what looks to be an average or slightly better crop of wheat and canola. “Average” will do just fine this year. The worst drought in a half-century in the U.S. Midwest has scorched corn and soybean crops, igniting grain and oilseed

More rain needed for late-season crops and pastures

Weekly Provincial Summary Winter wheat harvest is nearing completion in Manitoba with yields generally ranging from 50 to 80 bushels per acre with average to above-average quality. Harvest yields of spring wheat, barley, oats, canola and pea crops are variable, largely dependent upon amount and timing of precipitation. To date, spring wheat yields range from





Hot weather is rapidly advancing crops

Weekly Provincial Summary Harvesting of the earliest-seeded spring wheat and barley fields has started and preliminary yields are average to above average. Swathing of canola and oat crops continue across Manitoba, as does the winter wheat harvest. Aster yellows is evident in many canola and flax fields, with a range of severity. Higher-than-normal levels of root rot