Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Thu Mar 20, 2014 05:07 PM CDT

The weekly U.S. Drought Monitor report released today indicates a growing concern for some of the southern U.S. winter wheat areas, with crops coming out of dormancy to face a shortage of moisture and blowing soils. Areas of Oklahoma and Texas have received less than 10% of the normal moisture over the past 90 days.

Approximately 84% of Kansas is currently facing some degree of drought, up from 67% last week, while 77.25% of Oklahoma is facing some degree of drought, down from 80.67% last week and 64.2% of Texas is facing drought, up from 62.8% last week.

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