# Nervous North American farmers set to ‘seed in faith’ into parched soils

> Reuters reports North American farmers are planting into dry soils, raising fears of poor germination or smaller crops. Demand for canola already far outstrips supply, and unusually strong wheat exports to China for animal feed have lowered stocks.

- Date: 2021-04-12 · published 2021-04-12T12:00:00.000Z
- Category: weather · region North America · magnitude medium
- Page: https://feedsoft.ai/events/47577-nervous-north-american-farmers-set-to-seed-in-faith-into-parched-soils
- Commodities: [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Drought risk combined with tight canola supply and strong Chinese feed wheat demand supports canola and wheat prices.

## Read by commodity

- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-04-19 | [Grain trade turns nervous on weather market - Farmers Weekly](https://feedsoft.ai/events/71556-grain-trade-turns-nervous-on-weather-market-farmers-weekly.md) | +1.2% | -0.1% |
| WHEAT | 2023-04-27 | [El Nino May Boost Soil Moisture in May for South American Wheat](https://feedsoft.ai/events/36317-el-nino-may-boost-soil-moisture-in-may-for-south-american-wheat.md) | +1.1% | -2.6% |
| WHEAT | 2021-08-05 | [Millers, bakers fret as drought withers North America's spring wheat](https://feedsoft.ai/events/45615-millers-bakers-fret-as-drought-withers-north-america-s-spring-wheat.md) | -2.5% | +0.3% |
| WHEAT | 2021-02-01 | [Dryness prevails in North America, western Asia \| 2021-02-01  \| World Grain](https://feedsoft.ai/events/48537-dryness-prevails-in-north-america-western-asia-2021-02-01-world-grain.md) | -10.0% | -0.8% |
| WHEAT | 2023-06-01 | [El Nino may hammer Asian farms with dry weather, but shower American growers](https://feedsoft.ai/events/35407-el-nino-may-hammer-asian-farms-with-dry-weather-but-shower-american-growers.md) | -3.6% | +8.1% |

## Sources

- reuters.com: https://www.reuters.com/world/us/nervous-north-american-farmers-set-seed-faith-into-parched-soils-2021-04-12/

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