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OMAFRA releases July 20 Field Crop Report

Wheat harvest appears to be ahead of last year

By Diego Flammini
Assistant Editor, North American Content
Farms.com

OMAFRA’s Field Crop Team released its July 20 Field Crop Report, and wheat farmers in the province are getting substantial work in.

“Winter wheat harvest is in full swing throughout much of the province with some farms already finished, putting harvest 10-14 days ahead of 2015,” the report says.

The report states crop quality is good and yields are higher than expected, despite the lack of moisture.

With respect to soybeans, the Field Crop Team said there’s been no significant reports of soybean aphids, but farmers should remain diligent when scouting.

Corn, soybeans and wheat

“Regular scouting should be done from now until the R6 (full seed) stage of soybean to minimize any yield loss with this pest.”

OMAFRA says corn farmers should be aware of western bean cutworm moths.

“Moths have been laying egg masses which have now become visible in a few fields, with some approaching or above the action threshold of one egg mass per 20 corn plants.”


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The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.