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Manitoba Crop Report

Manitoba Agriculture says rapid deterioration of crop conditions and moisture reserves was noticeable across Manitoba this week, as the western heat dome moved into the province bringing record-breaking temperatures.

Many crops are maturing faster than normal and grain and pod filling on cereals, canola and peas will be affected by heat and lack of moisture this week.

Fungicide applications on cereals and canola are unlikely to occur on many fields.

Grasshopper feeding has become more widespread, insecticide applications are occurring in all regions, primarily on hay, pasture and cereal crops, as well as roadside ditches.

The RM of St. Laurent has declared an agricultural disaster, with more municipalities in the Interlake expected to follow due to persistent growing challenges including insects and lack of rainfall.

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Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.