Farms.com Home   News

Crop Report for the Period August 27 to September 2, 2024

Harvest has progressed quickly throughout most of the province over the past week. Currently, 42 per cent of the 2024 crop has been harvested, which is up from the 25 per cent reported last week. This is ahead of the five-year average of 34 per cent and the 10-year average of 31 per cent. Producers are hopeful for favourable weather to further advance harvest operations throughout the province in the coming weeks

The southwest region continues to lead harvest operations with 73 per cent of this year's crop harvested. The southeast region has 47 per cent of the crop in the bin, followed by the east-central region at 38 per cent and the west-central region at 31 per cent. The northeast currently has 22 per cent harvested and the northwest region sits at 19 per cent harvested.

Winter cereals are nearing completion with 94 per cent of fall rye and 93 per cent of winter wheat harvested. Pulse crops have also substantially increased in harvest completion with 92 per cent of lentils and 90 per cent of field peas harvested. Of the cereal crops, durum is the furthest ahead in harvest progress at 63 per cent, followed by barley at 52 per cent and oats at 32 per cent. Spring wheat currently sits at 28 per cent harvested across the province and canary seed sits at 19 per cent. Mustard is the furthest advanced at 63 per cent harvested for oilseed crops, followed by canola at 16 per cent and flax at eight per cent.

The range in growing conditions across the province has caused varying yield estimates reported for all crop types. Regionally, producers also indicate large variations in yield from field to field due to the scattered rainfall amounts received throughout the growing season. The current estimated averages of crop yields are 45 bushels per acre for hard red spring wheat, 33 bushels per acre for durum, 75 bushels per acre for oats, 63 bushels per acre for barley, 34 bushels per acre for canola, 36 bushels per acre for field peas and 1,317 pounds per acre for lentils. Throughout many regions of the province, crop yields and quality have been negatively impacted by the high temperatures that occurred through the critical stages of flowering combined with the dry conditions experienced in certain regions. Additionally, with the increased temperatures occurring through harvest, producers will need to monitor grain storage in the coming weeks. 

Rainfall was variable throughout the province with many areas reporting reduced rainfall amounts over the past week apart from the west-central region which received the highest rainfall. The Marsden area reported the highest amount of rainfall for the week at 60 mm followed by the Neilburg area at 57 mm. The Macklin and Unity areas received 50 mm over the past week. 

Topsoil moisture conditions are similar to those reported from last week. Currently, cropland topsoil moisture is rated as 40 per cent adequate, 38 per cent short and 22 per cent very short. Hayland is rated as 34 per cent adequate, 39 per cent short and 27 per cent very short. Pasture topsoil moisture is rated as 23 per cent adequate, 40 per cent short and 37 per cent very short. Producers are hopeful for rain following harvest to help replenish soil moisture conditions and mitigate further fire risk.

Crop damage reported over the past week was mainly due to wind and migratory birds. Crop lodging has caused some challenges for producers while combining. Minor damage was also reported from hail and grasshoppers in some regions of the province. 

  

Click here to see more...

Trending Video

"Perfectly Timed" Rains: Above-Trend Corn and Soybean Yields??

Video: "Perfectly Timed" Rains: Above-Trend Corn and Soybean Yields??

Futures and options trading involves risk of loss and is not suitable for everyone.

Agricultural Market Update: Grain Prices, Crop Conditions, and Weather Impacts

Welcome back to our channel where we provide comprehensive updates on the latest trends and changes in the agricultural sector. This week, we're looking at significant movements in grain prices, crop conditions, and the effects of weather patterns. Let's dive into the details:

Grain Price Decline Grain prices have fallen to their lowest levels since 2020, with December corn down 4.3% and November soybeans losing 3.1%. This decline is partly due to the beneficial moisture brought by Hurricane Beryl to the Midwest, which has improved crop conditions significantly. The USDA reported that corn and soybean crops are in their best condition in four years, contributing to the downward pressure on prices.

Record Short Positions and Market Sentiment Fund traders have increased their net short positions in the corn market to a record level, with a net short of 347,000 contracts of corn. This reflects a bearish sentiment in the market, further influencing grain price dynamics. Similar selling trends were observed in soybeans and SRW wheat, indicating broad market caution.

Weather Impact and Forecast Hurricane Beryl has brought significant rainfall across Arkansas, Missouri, western Tennessee, western Kentucky, and southern Illinois, with more expected over Missouri, Illinois, and Indiana in the coming days. Despite this, the market is currently more focused on the moisture benefits rather than potential heat risks forecasted in the 6-10 and 8-14 day periods.

US Crop Conditions Corn and soybean conditions have shown slight improvements last week, with corn rated 68% good to excellent and soybeans at 68%. These are among the best ratings for this time of year since 2020, suggesting robust crop health that could continue to influence grain prices.

Winter Wheat Harvest and Spring Wheat Conditions The US winter wheat harvest is progressing well, ahead of schedule with significant portions already harvested in Kansas and Texas. Spring wheat conditions are also favorable, with 75% rated good to excellent, although there have been some declines in states like Idaho, South Dakota, and Washington. Brazil's Corn Harvest and US Exports Brazil's second corn crop harvest is advancing rapidly due to favorable hot and dry conditions, with 63% of the crop already harvested. Meanwhile, US corn shipments saw a substantial increase last week, indicating strong export demand, which contrasts with the recent drop in domestic grain prices.

Ongoing Developments Lastly, the USDA reported a flash sale of corn, with significant quantities sold to unknown destinations, scheduled for delivery over the next two marketing years. This could signal ongoing international demand for US corn despite lower prices.

?? Stay Updated: For ongoing insights into these issues affecting agriculture, make sure to subscribe to our channel. We bring you the latest information to help you understand the dynamics affecting global agriculture and markets.

?? Join the Conversation: How do you think these developments will impact global agricultural markets? What are your views on the current weather patterns affecting crop conditions? Share your thoughts in the comments below. Your input is crucial for our discussions.