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Pulse weekly outlook: Saskatchewan crops rally after rough spring

Winnipeg– Pulse crops across the prairies have largely bounced back after rough growing conditions in the spring and early summer, but they’re not out of the woods just yet.
 
“It’s been an abnormal year,” remarked Carl Potts, executive director of Saskatchewan Pulse.
 
 
Potts explained that in Saskatchewan, widespread dryness early in the growing season resulted in delayed emergence and development. However, welcome rains throughout July have improved conditions significantly.
 
“Across the province, we’ll likely be expecting average yields for pulses,” he said.
 
 
Unseasonable temperatures have resulted in differences in crop maturity and development within a field. In some cases, a field can have both emerging and developing crops, depending on the area.
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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.