Holland Marsh Farmland under Water, Town Declares State of Emergency

Jun 17, 2013

Holland Marsh Farmland under Water, Town Declares State of Emergency

The weather system that moved in over Father’s Day weekend hit Ontario’s vegetable growing region, flooding 190 acres of farmland in the Holland Marsh, in Bradford, Ontario north of Toronto.

The flooding occurred after a dyke in the area broke for the second time in two-weeks. Water levels are about 5 to 10 feet deep, leaving the once pristine farmers’ fields looking more like lakes. The newly planted crops, onions and carrots are now unsalvageable. Farmers in the area are calling it an indescribable loss.

While the bulk of the flooding surrounds just three farms, damages are estimated to be over $1-million. The town of Gwillimbury has declared a state of emergency and appealed to the Ministry of Agriculture and Food for help.

The Holland Marsh comprises of 8,500 hectares of farmland and is ideal for growing vegetable crops such as onions, greens, celery and carrots.

Video: Did Bears Win Thanksgiving, Will Bulls Get Christmas?

Did the bears win Thanksgiving (although this week had green on the screen), and will the bulls get Christmas? Bears won thanksgiving thanks to a USDA Nov crop report dud that stalled the bullish grain momentum for a brief period. But a bullish lower yield surprise in the Dec crop report could reignite the rally.
2026 U.S. winter wheat planting is nearly complete at 97% while crop conditions improved by 3 points to 48% good-to-excellent. US corn & soybean harvest is complete.
High corn demand, which is off the chart, and more Chinese soybean demand could support a Christmas rally.
Nasdaq had it’s worst November since 2011.
A U.S. Fed rate cut in December will help fund flow and sentiment.
Bitcoin held a long-term support at 80,000 and that's positive for fund flow and sentiment. It should help stock prices and Ag as we go into December.
Fertilizer prices continue to climb as we look ahead to 2026. Farmers may rely more on the nutrients that they already have in their soils.
South American Weather remains critical as the soybean reproductive stage starts from late Nov to late Feb depending on planting date.
Will a Russia-Ukraine peace deal happen by year-end?
CFTC data as of showed more managed money fund sell-off as of October 14th.