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Saskatchewan Farmers Generally Pleased With The Harvest

Saskatchewan Agriculture's latest crop report shows 99 per cent of the provincial crop is now in the bin, well ahead of last year when only 69 per cent of the crop was in.
 
According to the report there's still a few fields to be done in the east central, north east and north west regions of the Province, while crops in the south and west central area are basically done.
 
Crops Extension Specialist Shannon Friesen says generally farmers are pleased with this year's crop:
 
"But of course with our really hot dry conditions in August and strong winds. We've had some lost crops due to swaths blowing around, heat damage, wildlife
and everything else especially in some of those canola crops. So we have heard many reports of some of those yields being less than anticipated, but luckily
overall things seem to be about average for us this year."
 
Farmers who are done are cleaning and fixing equipment, harrowing, working low spots, and applying anhydrous ammonia.
 
Livestock producers meantime are moving bales, fixing fences, cleaning corrals and bringing livestock home from pastures.
 
Saskatchewan's Weekly Crop Report is available here.
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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!