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Alberta Crop Report

Weather conditions in Alberta have allowed farmers to make some good progress on the harvest.
 
Ken Handford, a Product Development Analyst with Alberta's Agriculture Financial Services Corporation says farmers have been busy.
 
"Forty-eight per cent of the crop is in the bin as of last week, that's about seven per cent above the previous five year average.
The yields provincially are about 12% above the previous five year average."
 
He notes on a regional basis all the areas are ahead on the harvest compared to the previous five year average.
 
"This ranges from the areas being slightly ahead of average, about one per cent, in the South and the Peace, the other areas of
the province are about ten percent above where they've been in the last five years."
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.