Dry conditions in parts of Western Canada are certainly not getting any better, and in fact seem to be deepening and spreading.
In this episode of RealAgriculture Corn School, Bernard Tobin and Aaron Stevanus take a look at some of the 'wins' of spring 2017.
Winnipeg canola futures were down again on Tuesday after seeing some follow-through speculative selling after Monday's break below nearby support.
U.S. crop futures were on the defensive on Tuesday. Selling was tried to ideas corn and soybean crops would benefit from a shift to cooler, generally wetter weather.
After getting hit by a wave of selling early Tuesday (July 25) Minneapolis spring wheat futures are on the ropes.
Hot and humid weather conditions across much of Manitoba are advancing crops quickly. Winter cereals and some early seeded spring cereals are starting to turn, according to the latest weekly provincial crop report.
Meanwhile, disease and insect pressure remain low.
The condition of the U.S. corn crop continued to slide some more this past week
The American soy crop continues to develop largely on schedule, but hot and dry weather in July has done some damage to the US soybean crop.
Monday's USDA crop progress report put the American spring wheat crop at 33% good to excellent as of Sunday, down another point on the week and far below 69% good to excellent last year.
Winnipeg canola futures were down sharply on Monday, hitting their lowest levels in three weeks.