The Canadian Wheat Board Friday predicted between 8.25 million and 12.5 million acres of Prairie farmland will go unseeded. The seeded area normally totals about 60 million acres. The result is a drastic drop in expected seeded acreages: wheat, down 18% from 2009 to its lowest level since 1971; durum, off 39% to its lowest since 1980; and barley, off 20% to its lowest since 1965.

Roughly 22% of Prairie farmland is unseeded right now. Saskatchewan, the largest grain-growing province in the country, has been hit the hardest, with 36% of the crop unseeded, with little chance to plant more. Farmers are usually done seeding by this time of year.

Mr. Forman, who has been farming for 40 years, reflects the grim statistics. He farms about 2,000 acres, and has 750 acres unseeded, or about 37.5%. Airborne seeding gives him an advantage over his washed-out neighbours because he planted about 250 acres of flax from the sky.
"I've never seen it this wet," Mr. Forman said. "Nobody can fight the weather. You can only do what you can do."

And

Worst Locust Plague in Two Decades Threatens Australian Harvest - This article by Wendy Pugh for Bloomberg my also be of interest. Here is a section:

"We have experienced 10 years of drought and the last thing we need is a crop failure due to grasshoppers," said Hoskinson, also chairman of the NSW Farmers Association's grains committee. "We really need growers to be on the lookout."

Analysis showed every dollar spent by the commission on early intervention saved more than A$20 of later damage, the commission's Adriaansen said.

To be sure, experience from past infestations suggested widespread crop damage from this year's outbreak would be limited, according to analysts including Commonwealth Bank of Australia agricultural commodities strategist Luke Mathews.

"It is something that bears watching but I don't think it is a significant factor in the minds of traders at the present stage," Mathews said. "Weather conditions first and foremost dictate the size of the Australian wheat crop and winter crop production in total."

Wheat production this harvest could drop below 20 million metric tons or rise or more than 23 million tons, depending on weather, Mathews said. The bank is forecasting a crop of 20 million to 21 million tons. Output last season was 21.66 million tons, the Australian Bureau of Agricultural and Resource Economics estimated in March.

Eoin Treacy's view Wheat is produced in just about every country and prices for a number of different varieties can be found in the Chart Library. Grain and bean prices have been largely rangebound for most of the last year and Chicago wheat prices have been a laggard suggesting no immediate problem with supply. There have also been stories that Russia has been selling part of its stockpile which may have contributed to the underperformance of the commodity over the last year.

Chicago wheat found support last week in the region of the October low near 425¢. A sustained move below that level would now be required to question scope for some further higher to lateral ranging. Kansas Hard Red Winter Wheat has a relatively similar pattern. Both Matif listed Milling Wheat and Liffe listed Wheat have benefitted from the relative weakness of the Euro and Pound against the US Dollar.

China listed Strong Gluten Wheat is a clear outperformer and potential leader. It broke upwards from a two-year range last week and a sustained move back below 2200 would be required to question scope for some further upside.

Oats prices have shown the greatest sensitivity to the Canadian planting delay. Prices found support in the region of 200¢ this month and rallied impressively last week. A sustained move below 200¢ would now be required to question scope for some further upside.