Reading Time: < 1 minute MarketsFarm — Canola futures finished up at Monday’s close, boosted by a weather premium after a low-pressure system brought considerable snowfall to parts of Alberta over the weekend. Snow was mostly concentrated in the southern region of the province. Calgary and surrounding areas received around 30 centimetres of snow, according to preliminary results from Environment […] Read more
Alberta snow further delays canola harvest, boosts prices
U.S. grains: Corn, soybean futures ease
Reading Time: 2 minutes Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat futures extended a technical bounce […] Read more
Snow to stall harvests for western Prairies, Montana
Reading Time: < 1 minute Chicago | Reuters — A weekend storm is poised to bring more than a foot (30.5 cm) of snow to parts of Montana and the Canadian Prairies, putting portions of the region’s spring wheat and canola crops at risk, a meteorologist said. Excessively wet conditions in the region this month have already slowed fieldwork and […] Read more
Heavy North Dakota snows threaten wheat seeding
Reading Time: 2 minutes Chicago | Reuters — A blanket of heavy, wet snow covering most of North Dakota, the top U.S. wheat state, threatens to delay planting of spring wheat in another blow to a U.S. farm belt already facing billions of dollars in damage from flooding. Farmers from Missouri to South Dakota have seen their corn and […] Read more
U.S. farm belt slammed by floods, heavy snow from bomb cyclone
Reading Time: 2 minutes Reuters — A harsh late-winter storm broadsided a vast swath of the U.S. agriculture industry this week as heavy snow closed roads and buried cattle in the Plains while excessive rain flooded Midwest fields and swamped grain elevators. A “bomb cyclone” hurled hurricane-force winds, sparked tornadoes and dumped heavy snow and rain across the Plains […] Read more
U.S. livestock: Cattle futures jump on snowstorm
Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures approached a one-year high on Tuesday on concerns that wintry weather in the middle of the country will temporarily tighten supplies. Snow in states such as Kansas, Nebraska and Iowa this week is expected to slow the transportation of cattle to processing plants run by companies such as […] Read more
U.S. livestock: Live cattle hit contract highs on storm forecast
Reading Time: 2 minutes Chicago | Reuters — Live cattle futures rose to life-of-contract highs at the Chicago Mercantile Exchange on Tuesday, lifted by worries that severe winter weather could prompt beef packers to pay higher prices for animals in the U.S. Plains, traders said. Technical buying and short-covering also buoyed cattle prices while lean hog futures finished narrowly […] Read more
Alberta farmers try to wrap up ‘very unusual year’
Reading Time: 2 minutes CNS Canada — As winter approaches, producers in Alberta are still in the fields trying to wrap up the last bit of the 2018 harvest. According to the final crop report issued by Alberta Agriculture and Forestry, about six per cent of all crops were still in the field at the end of October. The […] Read more
Feed weekly outlook: Grains flood Alberta market
Reading Time: 2 minutes CNS Canada — Feed grain prices in Alberta have come down as producers have rushed to sell downgraded crops. “Last week the phones were blowing up… right now I think we’re seeing some better weather, so everyone’s outside and the phones are probably going to light up again next week,” said Nelson Neumann, grain trader […] Read more
Pulse weekly outlook: Lentil yields look good, worries grow over peas
Reading Time: 2 minutes CNS Canada — It’s a mixed bag in many ways for Saskatchewan’s pulse crops this year, as a dry summer and late rains have meant different things for various crops. According to one industry expert, though, the overall picture doesn’t look bad. “I think overall, if you assess the entire province, it will come in […] Read more
A message from April Stewart, Country Guide's Associate Editor
