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Tag Archives drought

(4loops/iStock/Getty Images)
Crops, Markets, Peas, Pulses

Pulse weekly outlook: India’s drought could be field pea opportunity

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MarketsFarm — Though India has curbed its pulse crop imports from Canada in recent years due to disagreements over crop control and fumigation, a challenging growing season in India could make Canadian pulses more attractive. Drought-like conditions in key growing areas of India have killed dozens of people and endangered crops. According to Reuters, key […] Read more
Prairie drought reaches tipping point
Crops, Pasture, Weather

Prairie drought reaches tipping point

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MarketsFarm — The Prairie provinces have been under the influence of a large ridge of high pressure for a number of weeks, which has produced prolonged dryness with little precipitation. That high pressure system has pushed low-pressure, precipitation-carrying systems to the south, where the U.S. Midwest has already received significant rain. Environment Canada estimated the […] Read more
Precipitation percentiles on the Prairies for the period of April 1 to May 23, 2019. (Agriculture and Agri-Food Canada Drought Watch)
Crops, Pasture, Weather

Prairie dryness concerns to persist

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MarketsFarm — Large areas of Western Canada remain on the dry side, with little moisture in the immediate forecasts. And while it’s still early in the growing season, the interplay of conflicting patterns from the south and north will determine whether the dry areas receive timely precipitation during the growing season. “We are looking at […] Read more
Canada Malting’s processing plant in Montreal. (CanadaMalting.com)
Crops, Reuters

Suitor quits bid for Australia’s GrainCorp

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Sydney | Reuters — Australia’s largest-listed grain handler, GrainCorp Ltd., said that suitor Long-Term Asset Partners (LTAP) has withdrawn its A$2.4 billion (C$2.26 billion) takeover bid after due diligence, pushing shares to five-month lows. GrainCorp stock dropped 11 per cent at the open of trade on Tuesday to hit close to where it stood preceding […] Read more
(SKHoward/iStock/Getty Images)
Crops, Machinery, Markets, Reuters, Weather

Climate change has U.S. fund managers adjusting agriculture investments

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New York | Reuters — After historic floods devastated Midwestern agricultural states this spring, some fund managers are evaluating how climate change will affect the long-term value of companies that make or sell products ranging from tractors to fertilizer. The issue is not simply the unpredictability of weather. Instead, fund managers say, they are struggling […] Read more
Barley. (Photo courtesy Canada Beef Inc.)
Barley, Crops, Markets

Feed weekly outlook: Barley acreage buoyed despite current prices

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MarketsFarm — International demand for Canadian feed barley has been strong thanks to a 2018 growing season drought in Australia that limited exportable supplies. China purchased nearly 950,000 tonnes of Canadian barley in the first seven months of the 2018-19 year, significantly above the five-year average. However, feed markets in general are quite sluggish ahead […] Read more
Agriculture and Agri-Food Canada’s final map of designated areas for the livestock tax deferral provision for the 2018 tax year, as of Jan. 30, 2019. (Agr.gc.ca)
Livestock, Weather

Livestock tax deferral map expands again for 2018

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Some northern and southwestern Ontario producers who had to sell breeding livestock due to drought in the 2018 tax year can now defer chunks of the income from those sales when filing their income taxes. The federal government on Wednesday rolled out its final list and map of designated regions for 2018 under its livestock […] Read more

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