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Crop quality varies widely: Manitoba Crop Report

Manitoba Agriculture says crop quality varies widely, with southern areas of the province in better condition than areas further north, all dependent on rainfall accumulation and speed of drainage.

Fungicide application is slowing across Manitoba, as crops grow past the appropriate timing windows.

Producers have done much more fungicide application in 2022 than in recent years.

A few insect concerns have popped up in localized spots across Manitoba, with bertha armyworm spraying reported in the Eastern region.

Soybean and pea aphids have been found in those crops, with pea aphid insecticide spraying often occurring with the fungicide pass. Soybean aphids have showed up in localized spots, and remain below thresholds but should be monitored closely.

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U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


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China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
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As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
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