Drought threatens Canadaقs canola crop June 30 2021 01:28 AM
Text Size: Reuters/ Winnipeg, Manitoba Canadian farmers expanded canola plantings this spring to cash in on record-high prices, a government report showed yesterday, but Prairie drought threatens to scorch crops.
Surging demand for vegetable oil, used in cooking, and meal, an animal feed additive, sparked a global oilseed price rally this year, including canola.
Supply looks uncertain, however, as high temperatures and dry soils slow crop growth.
Much of Manitoba’s farm region is in extreme drought, with Saskatchewan mostly seeing moderate to severe drought, according to the federal government’s Canadian Drought Monitor.
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WINNIPEG, Manitoba - Canadian farmers expanded canola plantings this spring to cash in on record-high prices, a government report showed on Tuesday, but Prairie drought threatens to scorch crops.
FILE PHOTO: Canola matures in a field near Beausejour, Manitoba, Canada August 20, 2020. REUTERS/Shannon VanRaes
Surging demand for vegetable oil, used in cooking, and meal, an animal feed additive, sparked a global oilseed price rally this year, including canola. Supply looks uncertain, however, as high temperatures and dry soils slow crop growth.
Much of Manitoba’s farm region is in extreme drought, with Saskatchewan mostly seeing moderate to severe drought, according to the federal government’s Canadian Drought Monitor.
Canadian farmers boost canola plantings but drought threatens crops reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.