Create a free Feed & Grain account to continue reading

Canadian Farmers Struggle to Finish Wheat Harvest

Some unharvested wheat is beginning to sprout in their stands, ruining it for milling

Kevin Blog Headshot Headshot
Harvest 3682418 960 720

Canadian Farmers Struggle to Finish Wheat Harvest As Quality Issues Become Common

Hot, dry weather over the summer in the Canadian Grain Belt, followed by a wet and snowy September has hurt the wheat yields and slowed down harvest considerably. Alberta, the second largest wheat producing province, is only around 50% finished with harvest when they are usually completely finished by this point. Some of the unharvested wheat is even beginning to sprout in their stands, ruining the quality of the wheat for milling. The weather forecast calls for clear skies over much of Canada, likely allowing farmers back into the fields. Canada is the 3rd largest exporter of wheat in the world.

Ukraine Reports Harvest Progress, Yields, and Planting Progress for Winter Wheat

The Ukrainian Ministry of Agriculture has pegged total corn harvest as 62% complete as of Oct 23. Total harvested area is about 7.16 million acres with an average yield reported at about 101.4 bpa. Barley harvest is 100% complete and resulted in 7.53 MMT of production and a yield of 45.1 bpa. Wheat harvest is complete in Ukraine with total production coming in at 25.1 MMT and yields of 56.5 bpa. Winter grain is also 95% complete with planting, with the total projected planted area being around 17.8 million acres. Winter grains include winter wheat, rye, and barley.

More Rain May Be Headed to Central Texas, Midwest as Hurricane Willa Makes Landfall

Hurricane Willa, a Pacific Ocean hurricane, has made landfall on the west coast of Mexico and will quickly make its way over land towards Texas, which has seen severe flooding in the central part of the state over the past few weeks. Willa was rated as a Category 5 hurricane but was downgraded to Category 3 upon making landfall. Parts of the Willa storm system may work their way across the South, as well as southern portions of the Midwest. Along the Illinois-Iowa border, the Mississippi River remains flooded. The National Weather Service reports that at Cape Girardeau, MO, the river is at 34.1 feet, above the flood stage of 32 feet.

The risk of trading futures, hedging, and speculating can be substantial. FBN BR LLC (NFA ID: 0508695)

Page 1 of 244
Next Page