# Canadian crops in serious need of a good drink - Grain Central

> Dry conditions across Canadian Prairies have left many crops in poor shape, with soil moisture depleted in Alberta, Manitoba and Saskatchewan. Forecasts show continued dryness for at least two weeks, threatening harvest prospects.

- Date: 2023-07-18 · published 2023-07-18T12:00:00.000Z
- Category: weather · region Canada · magnitude high
- Page: https://feedsoft.ai/events/34992-canadian-crops-in-serious-need-of-a-good-drink-grain-central
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Prairie drought threatens wheat and canola supplies, supporting global wheat and canola prices unless rain arrives soon.

## Read by commodity

- WHEAT: bullish ▲
- BARLEY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2018-05-24 | [Feedgrain focus: Dry in NSW drains stored reserves - Grain Central](https://feedsoft.ai/events/65132-feedgrain-focus-dry-in-nsw-drains-stored-reserves-grain-central.md) | -0.8% | -2.2% |
| WHEAT | 2019-09-13 | [WASDE factors in deteriorating Australian crop outlook - Grain Central](https://feedsoft.ai/events/9894-wasde-factors-in-deteriorating-australian-crop-outlook-grain-central.md) | +2.2% | +0.7% |
| WHEAT | 2017-10-09 | [Victorian, NSW crops need rain to consolidate yield prospects - Grain Central](https://feedsoft.ai/events/68404-victorian-nsw-crops-need-rain-to-consolidate-yield-prospects-grain-central.md) | +4.9% | +0.5% |
| WHEAT | 2018-10-24 | [Hot, dry summer ahead as El Nino sets in - Grain Central](https://feedsoft.ai/events/62475-hot-dry-summer-ahead-as-el-nino-sets-in-grain-central.md) | -0.3% | -4.4% |
| WHEAT | 2018-11-01 | [Australia set for smallest winter crop in a decade: Rural Bank - Grain Central](https://feedsoft.ai/events/61992-australia-set-for-smallest-winter-crop-in-a-decade-rural-bank-grain-central.md) | -3.7% | -5.1% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/canadian-crops-in-serious-need-of-a-good-drink/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.