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Oops Weve Hit a Snag Please Wait a While and Try Again Att

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Some other Storm Is Set to Striking the Canadian Prairies, Threatening Farmers' Crops

(Bloomberg) -- Farmers in Canada, the globe'due south pinnacle canola grower and a major wheat exporter, volition probably accept to expect to get in their fields this spring after a blast of wintry conditions.

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Snow may have longer to cook from fields afterward a spring storm left 8 to ten inches (xx to 25 centimeters) on Prairie fields last week, said Joel Widenor, meteorologist at Commodity Conditions Group. Some other storm is forecast to bring as much as 12 inches of rain and snow to southeastern Saskatchewan and Manitoba this weekend, he said.

"It's going to be a slow process to melt off," Widenor said Monday in a telephone interview. "As you lot get into that forepart end of May things may still be slow to warm up."

Snow and cold are threatening to delay the start of planting after growers had been struggling with dry conditions through 2021. Drought zapped as much as 40% of Western Canada's grain output last twelvemonth.

While the additional moisture is practiced news in some areas, it will probably delay planting by a week to 10 days, said Ken Ball, a senior commodity futures adviser at PI Financial Corp. in Winnipeg, Manitoba. Delays are adding to worries most global wheat supplies due to disruptions from Russia'southward invasion of Ukraine and soaring fertilizer costs.

Across the edge in the U.S., snow and colder-than-normal conditions were slowing the planting of crops including corn and jump wheat. While sowing hasn't been delayed significantly withal, any major disruptions threaten to push up already high grain prices that have been contributing to inflation.

Corn futures in Chicago topped $8 a bushel for the first time since 2012, while bound wheat futures in Minneapolis rose as much as three.6% to $xi.875 a bushel, the highest toll since March 8.

"We've got to kickoff melting this stuff," Ball said.

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Source: https://finance.yahoo.com/news/another-storm-set-hit-canadian-160012324.html

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