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Manitoba Crop Report

This week's crop report lists total seeding progress in Manitoba at 76 per cent complete, on par with the four year average.

Warmer conditions towards the end of last week have spurred seeding of more frost-sensitive crops, with large numbers of canola and soybean crops planted.

Lack of rainfall has many farmers concerned for germination and timely emergence, since seedbed conditions are rapidly drying. Dry topsoil has drifted in some locales, filling in seed row furrows or moving off edges of fields.

Extremely windy and dusty conditions have implications for herbicide efficacy and on-target application.

Hay and pasture growth continues to be delayed, usually attributed to ongoing overnight frosts from early last week. Lack of moisture for new growth is of increasing concern.

Soil moisture maps continue to show much of Manitoba farmland in the broad “optimal” range, based on volumetric moisture content, as a function of the soil texture. Seedbed soil moisture is dry to very dry in all of agro-Manitoba, and may be higher at depths.

The Canadian Drought Monitor has classified much of agro-Manitoba in a severe to extreme drought, as of April 30, 2021.

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Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”

Video: Is China Buying US Soybeans + USDA Nov 14th Crop Report could be “Game Changing”


After a week of a U.S./China trade truce, markets/trade is skeptical that we have not seen a signed agreement nor heard much from China or seen any details. There are rumors that China is buying soybean futures & not the physical. Trust in Trump?
12 MMT of U.S. soybean purchases by China by year-end is better than 0 but we all need to give it more time and give it a chance to unfold. China did lower the tariffs on Ag and is buying U.S. wheat and sorghum.
U.S. supreme court could rule against Trumps tariffs, but the Trump administration does have a plan B.
U.S. government shutdown is now the longest in history at 38 days.
But despite a U.S. government shutdown we will be getting a USDA November crop report next Friday and it could be “game changing.” If the USDA provides a bullish surprise with lower U.S. corn and soybean yields and ending stocks that are lower than expected both corn and soybean futures will break out above their ceilings at $4.35/bu and $11.35/bu respectively.
The funds continued their selling in live and feeder cattle futures on continued fears that the Trump administration want to lower U.S. beef prices. The fundamentals have not changed, only market psychology has.
Stocks markets continue to worry about a weak U.S. job market, but you can blame ChatGPT for that. In the future, we will have a more efficient, productive and growing economy with a higher unemployment rate until we have more skilled AI workers.
After 34 new record highs in the S & P 500 and 124 new records in the NASDAQ in 2025 we are back to a correction and investor profit taking as AI valuations may have gotten too stretched near-term ahead of NVDA’s 3rd quarter earnings announcement on Nov. 19th. But this is not an AI bubble.
75% of Tesla shareholders approved a $1 trillion pay package for Elon Musk!
It has rained in South America in the last 7 days, but both the American and European models agree that Central Brazil remains dry in the next 14-days!