Light rainfall in Western Canada are predicted in the coming week, that not enough however, to allay fears, due to the dry soil that grows rapeseed. End of this week the last rape land should be ordered. Drought is currently the biggest problem. In the southern regions and in Central Alberta and in the West by Saskatchewan 40% less precipitation fell in the v issued months than usual.
Dry soils in combination with the current heat stress in particular the rape seed was stored in the upper soil layers, in contrast to the other crop such as wheat and barley. ICE Canada futures contract on November, which covers even the new harvest, has since April 6% increased, while the CBoT soybean on the November 15 date lost in the same period by 5%. Oil from rape seed is used to produce edible oils and margarine, and Canada is the largest producer and exporter in the world.
According to the local farmer, yet no damage incurred due to the drought. A little precipitation is sufficient for the time being, it still more must follow, as soon as the plants develop. The expected El Nino weather phenomenon will bring generally dry summers in the Plains.
