Farms.com Home   News

FarmLink Completes Summer Crop Tour

FarmLink Marketing Solutions recently wrapped up a summer Prairie crop tour.
 
Chief Market Analyst Neil Townsend talked about how things are looking in Manitoba.
 
"We heard a lot about flooding in Manitoba and overland river flooding. There's really not too much evidence of that," he said. "Crops in Manitoba look pretty good. Lot's of potential there. The cereals really are the headline. People were marveling at the oat crops that they were seeing and the wheat crops and the barley potential there. A little bit less enthusiastic, not that it's bad, but just less enthusiastic about the soybeans and the canola crops that they were looking at."
 
Townsend commented on a few concerns.
 
"Some evidence of bugs like grasshoppers were something that we saw a lot of and in certain areas we some root rot and stuff like that. The disease story isn't like a big headline, certain things can develop but the conditions thus far have been pretty good and support a higher quality crop. Again, that could change based on what happens in August and certainly we've seen many times where things have turned for the worst due to inclement harvest weather."
Click here to see more...

Trending Video

The Bull had His Feast at Thanksgiving; the Bear Will Have His at Christmas

Video: Precision Planting DuraWear


Fund year end, end of quarter and end of month selling has weighed on the grain markets. Will the USDA provide a gift in January, and do seasonals kick in? Rumors that China was buying U.S. corn are adding fuel to the fire.