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Crop Report for the Period of July 26 to August 1, 2022

Harvest has just begun in the province. These few fields are mainly in west central and southwest regions where crops are further ahead in development. Parts of these regions received rainfall and this has delayed further harvest activities such as combining and desiccating. In the eastern regions harvest is at least seven-10 days away, since crops are behind in development and in some areas are just now beginning to fill with seed, although some earlier seeded crops are close to being ready for desiccation.

Rainfall varied significantly across the province last week with some areas getting nothing and others experiencing large, localized storms that resulted in flooding and crop damage. The Unity area received 53 mm, the Briercrest area 49 mm, the Avonlea area 40 mm, the Mayfair area 37 mm, the Lake Lenore area 24 mm, the Bulyea area 17 mm and the Swift Current area 9 mm.

Even with the rainfall received this past week, topsoil moisture across the province continues to decline slightly. Cropland topsoil moisture is rated as four per cent surplus, 64 per cent adequate, 25 per cent short and seven per cent very short. Hay and pasture land topsoil moisture is rated as two per cent surplus, 65 per cent adequate, 20 per cent short and 13 per cent very short.

After receiving much more rain than last year, pastures in some areas of the province have recovered from the 2021 drought and pasture condition ratings have improved tremendously. Pasture conditions are rated as 16 per cent excellent, 41 per cent good, 25 per cent fair, 12 per cent poor and 6 per cent very poor. Many pastures in the west still had cattle pulled off due to a lack of vegetation or dried up water sources.

The majority of crop damage this week was due to minor flooding, drought, disease, wind, grasshoppers and hail. Several storms crossed the province over the last week leaving behind some substantial crop damage. Some crops were laid down and lodged by strong winds and heavy rain while others were destroyed by hail. Hailstorms damaged crops from Marengo all the way to east of Lake Diefenbaker; buildings, machinery and vehicles were also damaged.

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USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension

Video: USDA Feb Crop Report a WIN for Soybeans + 1 Year Trade Truce Extension


USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.