Farms.com Home   Ag Industry News

Producers optimistic heading into seeding season

Apr 01, 2021
By Hayley Tanner

Although many people were thrilled to see less snowfall this winter, Prairie farmers are concerned over the lack of moisture.

Soil moisture, going into the fall 2020 season, was reported as short and dry.

“We didn’t get an even distribution of snow over the winter,” explained Saskatchewan Ministry of Agriculture crops extension specialist Matthew Struthers.

“Currently, I would assume it’s a bit drier than most farmers would hope. But it’s March, so there’s time for a good dump of snow or a couple good rains.”

It’s pretty dry from Medicine Hat to Winnipeg, said Regina-area farmer Todd Lewis. The grain belt hasn’t received any major precipitation in the past 12 months.

“It’s very concerning and it’s very dry,” he said of the current conditions. “The good thing about a drought is, two inches of rain can turn things around in a hurry and we are due for a good rainfall or snow event.”

Some farmers may need to adjust their seeding schedule and wait until they see at least a little moisture. Others may have to reduce their use of fertilizer once seeds are in the ground.

However, despite the lack of wet weather, producers remain optimistic as we head into April.

“This is getting pretty close to a record dry spell on our farm,” said Lewis. “It’s probably as dry as we’ve been for a number of decades.… You’d have to go back to ‘88 to see such a prolonged dry period.”

Having crop insurance is a way to help mitigate risks associated with drought and can aid in cushioning the blow if precipitation doesn’t materialize.

Nonetheless, it’s still too early to push the panic button as rain is expected in the Prairies over the next two weeks.

“I’m optimistic,” said Struthers, “It’s Saskatchewan; we call it ‘dry-land farming’ for a reason.”


Trending Video

Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz

Video: Funds Ditch Ag Commodities, Chase Stocks Amid an End to Middle East War, & Trade Deal Buzz


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.