
British Columbia has restricted water use on the Salmon River watershed, affecting more than 450 water licences, to protect endangered chinook salmon during a severe drought. The order requires users to stop irrigating forage crops such as hay, alfalfa and forage corn, along with lawns and some industrial uses.
Irrigation cuts on hay, alfalfa and forage corn can reduce local forage output and push up feed costs for regional dairy and beef producers. Buyers may need to source more hay from outside the province.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.