weather Archives | Country Guide

Prairies can expect far better harvest weather this fall

By Glen Hallick - MarketsFarm September 18, 2020

Reading Time: < 1 minute MarketsFarm — Prairie farmers are likely going have good weather over the next few weeks, according to Scott Kehler of Weatherlogics. “We got a pretty significant warm-up across most of the Prairies through to the end of September. It should be fairly warm and not too much in the way of precipitation,” he said. “At […] Read more

General, Reuters, Weather

La Nina present, 75 per cent chance seen through 2020 winter

By Reuters September 10, 2020

Reading Time: < 1 minute Reuters — La Nina conditions were present in August, and have a 75 per cent chance of continuing through the Northern Hemisphere winter of 2020-21, a U.S. government weather forecaster said on Thursday. The La Nina pattern is characterized by unusually cold temperatures in the equatorial Pacific Ocean. A borderline moderate La Nina event is […] Read more

Barley, Crops, Markets

Feed weekly outlook: Early harvest pressures Alberta prices

By Glen Hallick - MarketsFarm August 20, 2020

Reading Time: < 1 minute MarketsFarm — Feed prices in Alberta took something of a tumble this week, Allen Pirness of Market Place Commodities in Lethbridge reported. Feed prices in Manitoba and Saskatchewan, meanwhile, were steady. “Six weeks ago we were seeing harvest, at best, at the end of August. With the heat wave that’s been upon us the last […] Read more

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Benign weather keeps corn, soybeans pointed down

By Phil Franz-Warkentin - MarketsFarm August 5, 2020

Reading Time: < 1 minute MarketsFarm — Good U.S. Midwestern weather should keep the bias to the downside in corn and soybean contracts at the Chicago Board of Trade over the next few weeks, according to an analyst. Corn hit fresh contract lows on Tuesday before showing some recovery Wednesday, but “it’s not looking like it’s hit a bottom just […] Read more

Crops, Weather

Saskatchewan crops in decent shape heading into August

By MarketsFarm July 31, 2020

Reading Time: < 1 minute MarketsFarm – Crops throughout Saskatchewan rated as being in fair to good condition, according to the latest weekly crop report from Saskatchewan Agriculture. As of July 27, spring cereals, canola, field peas and soybeans were said to be in fair to excellent. The report said winter wheat and fall rye were ripening and maturing. Harvest […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans trim back on improved crop conditions

Wheat gains on weaker U.S. currency

By Christopher Walljasper July 21, 2020

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures fell on Tuesday, despite renewed exports to China, after the U.S. Agriculture Department issued better-than-expected weekly crop ratings. Corn also eased on better-than-expected crop conditions and favourable U.S. weather as traders eyed record yield potential this fall. The Chicago Board of Trade’s most active soybean contract fell 6-1/2 […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn weakens on rain across Midwest

Soybeans gain for fifth session, wheat futures tumble

By Christopher Walljasper July 20, 2020

Reading Time: 2 minutes Chicago | Reuters — Chicago corn futures dropped on Monday, as rainfall strengthened crop conditions during a crucial stage in development. Soybean futures gained for a fifth consecutive session on renewed Chinese demand and support from the soybean oil market. Wheat, meanwhile, sank as harvest across the U.S. Great Plains continued and a strengthening dollar […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Weather the key for soybeans, corn

By Phil Franz-Warkentin - MarketsFarm July 15, 2020

Reading Time: < 1 minute MarketsFarm — Soybean and corn futures at the Chicago Board of Trade fell off nearby highs over the past week, with shifting weather forecasts directing the flow of money in the markets. “Ninety per cent of our price influence in a supply-side driven market during the growing season will be weather,” said analyst Sean Lusk […] Read more

Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Trade looks to weather for support

By Marlo Glass – MarketsFarm July 8, 2020

Reading Time: < 1 minute MarketsFarm — Commodities on the Chicago Board of Trade have been supported by dry growing conditions in key regions of the United States, but remain largely rangebound. “It’s been hot and dry, but it’s tough to pin your hopes on a bull market because sooner or later it will rain,” said Scott Capinegro of Barrington […] Read more

General, Weather

Prairie summer weather patterns to hold for now

By Glen Hallick - MarketsFarm July 8, 2020

Reading Time: < 1 minute MarketsFarm — No major changes in the current weather patterns on the Prairies are expected at this time, according to a pair of weather experts. So far this summer, the region’s weather has been highlighted by warmer and generally drier conditions in the eastern Prairies, while the western portion has been cooler with a great […] Read more

Bayer resolves more U.S. Roundup cases

U.S. livestock: Cattle futures rise on supply concerns

U.S. grains: Harvest pressure weighs on corn, soybeans

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