Crops

Opening grain prices Thursday, August 3 Durum 505.23 Feed barley 330.61 Canola 733.92 Chickpeas 1036.17 Flax 561.54 Lentils 727.30 Oats 262.32 Yellow Peas 365.89 Feed Wheat 270.97 1 Red Spring Wheat 353.

Russia attacked a key Ukrainian port today sending global food prices higher. The attacks halted ships in their tracks as they prepared to arrive there to load up with Ukrainian grain in defiance of a de-facto blockade Russia reimposed in mid-July.

Well over 100 people packed the Cabri Community Hall yesterday afternoon (Tues), where a townhall meeting was held on current supports for producers. It was hosted by the Saskatchewan Cattlemen's Association; also in attendance were staff from Sask.

Closing grain prices Wednesday, August 2 Durum 477.67 Feed barley 330.61 Canola 711.42 Chickpeas 1036.17 Flax 561.54 Lentils 727.30 Oats 262.32 Yellow Peas 365.89 Feed Wheat 270.97 1 Red Spring Wheat 356.71

Opening grain prices Wednesday, August 2 Durum 477.67 Feed barley 330.61 Canola 715.12 Chickpeas 1036.17 Flax 561.54 Lentils 727.30 Oats 262.32 Yellow Peas 365.89 Feed Wheat 270.97 1 Red Spring Wheat 352.33

The federal and Manitoba governments made two funding announcements related to agriculture. The first was Ottawa and Manitoba providing over $1.9 million in funding to 54 projects supporting sustainable farming in Manitoba.

Alberta Agriculture expects crop yields this year will be down about 15% from the 5 year average. For spring wheat, the average dryland yield estimate for this year is 38.9 bushels per acre, down from the 5 year average of 46.1.

U.S. corn condition fell for the first time in several weeks as intense heat baked much of the country last week.

Closing grain prices Tuesday, August 1 Durum 477.67 Feed barley 330.61 Canola 716.52 Chickpeas 1036.17 Flax 561.54 Lentils 727.30 Oats 262.32 Yellow Peas 352.56 Feed Wheat 270.97 1 Red Spring Wheat 357.78

Grain movement at Canada’s west coast ports wasn't seriously impacted by the British Columbia port workers strike last month. But the next few months might be a different story. Mark Hemmes is the President of Quorum Corporation.