top of page

Canada Seeding under wraps

Monday, May 30, 2022 at 2:14:54 p.m. UTC

Money Making Mondays

Top 3 – Things to Watch this week:

1. Seeding is wrapping up in SK @ 52% on may 23- (Avg:78%); AB @ 73% on May 24- (Avg 77%), Manitoba @10% May 24 – (avg:77%). 5 day forecast is dry for Alberta and Saskatchewan. Manitoba is expecting moisture.  This means majority of crops in Canada will get seeded.

2. Uncertainty.  Markets are very warry of global uncertainty. Whether it be production issues, weather, or political I have never seen this level or uncertainty reported on.

3. The Bank of Canada is likely to hike its benchmark interest rate another half a percentage point on June 1.


This week’s Action Item:

If you haven’t talked to your lender yet regarding how to protect yourself from these interest rate hikes you should make time to do it.

Image-empty-state.png

Sign up Market Flash Text Messages

Market Flash Text Messages is super quick market info in 150 characters or less. 

Only comes out once a week. 

Focus is on things that move the market not prices. 

note:* Market Flash web version is this page. It's designed to keep you thinking.

bottom of page