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Excess Moisture Concerns In Parts Of Alberta

Some warm, dry weather and no wind is what farmers across Alberta, and many areas of the Prairies would like to see now. 
 
Recent rains have definitely helped to improve soil moisture and pasture conditions but sunshine would help with crop development. 
 
In Alberta, heavy rains in the North West and Peace River areas have resulted in excess moisture and left standing water in the field.
 
Alberta's crop report shows 98% of the 2020 crop is in the ground, with about 75% of the crop emerged.
 
AFSC's Product Development Analyst Ken Handford says crop development varies on where you are in the province.
 
"The crops in the southern part of the province are the most developed where they're actually into well into the tillering stage. Then you have Central Alberta, the North East and the North West where the majority of the crops are in the three to five-leaf stage and the Peace region where they are a little bit delayed. They're just entering the seedling stage right now."
 
He notes they've had accumulations in the last couple of weeks of up to seven or eight inches so it's resulted in a fair bit of damage and water in the field.
 
In the south there's been some reseeding of crops due to flea beetles, flooding, crusting and wind damage.
 
Farmer's who are still working on their seeding operations are being reminded that the seeding deadline is coming up June 20th.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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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.