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Haying Operations Nearing Completion

The first cut of alfalfa is well under way across the province.
 
John McGregor, extension coordinator with the Manitoba Forage and Grassland Association, says timing of the crop is about normal in most areas of the province.
 
He says alfalfa for dairy in the east and central is mostly complete while beef hay is at about 50 per cent.
 
Mcgregor says additional cuts could soon be on the way.
 
"In the areas where they do take second and third cut, we've had some good rains and we've got some heat coming in. It looks like we're probably on schedule for a good second cut which is probably going to be starting towards the end of next week and if that happens then we're likely looking at a third cut that will be taking place about the second to third week of August."
 
Source : SteinbachOnline

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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

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Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.