Canada Markets

As of Aug. 19, Saskatchewan Agriculture estimates 2% of the province's crop is off and in the bin, which compares to the five-year average of 9% and the 10-year average of 7% complete.

The attached chart highlights this year's pace (black line, barely visible) along with the varying harvest pace seen over the past five years. While an estimated 16% of the harvest was complete on this week in 2018, the fastest pace for this week over the past five years, the pace of the 2017 harvest actually moved ahead in early September to be the fastest over the past five years, as indicated by the brown line on the chart.

Two other years, 2014 and 2016, saw a similar start to harvest as seen for the current year, which are shown by the grey line and yellow line. On Aug. 18, 2014, an estimated 1% of the harvest was binned, while as of Aug. 15, 2016, an estimated 3% was reported complete. Those two years saw 7% and 18% of the harvest complete around the end of August/beginning of September, respectively, and 72% and 80% complete by early October.

A look at these crop reports shows that in 2014, an estimated 4% was swathed or ready to be straight cut as of this week, which compares to the 7% estimated for 2016. The 2019 report for this week shows this estimate at 5%, which compares to the five-year average of 12%.

When the earliest crops to come off are compared to the pace of harvest seen over the past five years, 21% of the winter wheat is estimated off, compared to 54% on average, 10% of the peas are off compared to 35% on average and 5% of the lentils are off, compared to 31% on average.

Cliff Jamieson can be reached at cliff.jamieson@dtn.com

Follow him on Twitter @Cliff Jamieson

(ES)

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