Farms.com Home   News

Crops advancing rapidly: Manitoba Crop Report

Crops have advanced rapidly across all parts of Manitoba this past week, faster than many agronomists had expected. Rapidly growing crops have hastened crop flowering, and cereal and canola fungicide application is well underway.

Warm temperatures, high humidity, and rain in recent days has increased the risk for fusarium head blight and sclerotinia disease development in crops, and most farmers are choosing to use a preventative fungicide on spring cereals and canola. Spraying is also expected to begin in flax fields shortly, and continues on field peas for for mycosphaerella.

Scattered and widespread rainfall last week slowed in-field herbicide and fungicide application by ground, and many farmers are choosing to spray fungicides by air this year, to reduce rutting on soft fields.

Despite good growing conditions, heavy rains have damaged crops, leaving large drowned out spots.

Click here to see more...

Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!