Reading Time: 2 minutes Ottawa | Reuters — Prime Minister Justin Trudeau visited Alberta on Monday as raging wildfires prompted mass evacuations and reduced energy production in Canada’s main oil-producing province, where meteorologists expect virtually no rain for 10 days or so. In Edmonton, Trudeau received an update on firefighting efforts by Canadian soldiers sent to help provincial firefighting […] Read more
Little chance for rain on Alberta wildfires
Coming cold front more windy than rainy in nature, Environment Canada says
Prairie Forecast Update: Forecast on track
Forecast issued May 14, 2023, covering the half-week stretch from May 14 to 17, 2023
Reading Time: < 1 minute The weather models have been remarkably accurate for this time of the year. The big weather picture remains the same. There is a large, persistent ridge of high pressure over far Western Canada with an equally persistent trough of low pressure over Eastern Canada. This means western regions will continue to see sunny, dry and […] Read more
Alberta wildfire fighters prepare for hot, dry days ahead
Temperatures to approach 30 C next week
Reading Time: 2 minutes Reuters — An extended period of hot, dry weather that risks worsening wildfires in Alberta began on Friday, with special weather alerts in place across Western Canada and officials urging people to be vigilant. More than 100 wildfires have ignited across Alberta since last week, forcing tens of thousands of people to evacuate homes, farms […] Read more
CBOT weekly outlook: Traders, analysts anticipate WASDE report
El Nino also worth watching longer-term
Reading Time: 2 minutes MarketsFarm — While traders and analysts continue to keep an eye on weather conditions, their collective focus will momentarily shift on Friday when the U.S. Department of Agriculture (USDA) releases its monthly world agricultural supply/demand estimates (WASDE). This month’s report will be highly significant as it will announce the first U.S. crop production estimates for […] Read more
Fire and floods across Western Canada force evacuations
Western Alberta towns of Edson, Drayton Valley ordered to evacuate
Reading Time: 3 minutes Reuters — A week of record-hot weather in Western Canada has forced thousands of people to evacuate their homes, as wildfires rage in parts of Alberta and rapid snow melt triggers flooding across interior British Columbia. By Friday, more than 13,000 people were under evacuation orders in Alberta. As of late Friday afternoon, 91 fires […] Read more
U.S. grains: Chicago grains flat or down with weather, Black Sea in focus
Large Russian supplies temper fears over Black Sea deal collapse
Reading Time: < 1 minute Mexico City | Reuters — Chicago grain futures closed flat or lower on Tuesday, with wheat hitting a 21-month low, as markets were weighed down by a dip in stocks and crude oil and clear forecasts for U.S. planting weather, traders said. Corn closed slightly up as the market weighed increasing export competition from Brazil, […] Read more
World could face record temperatures in 2023 as El Nino returns
New record highs 'more likely than not'
Reading Time: 2 minutes Brussels | Reuters — The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather phenomenon, climate scientists say. Climate models suggest that after three years of the La Nina weather pattern in the Pacific Ocean, which generally lowers global […] Read more
ICE weekly outlook: Weather to influence canola price movement
Short-covering seen supporting front months for now
Reading Time: < 1 minute MarketsFarm — Canola contracts on the ICE Futures platform held relatively rangebound during the week ended Wednesday, trading within a $20 per tonne range in most months as market participants wait to get a better handle on new-crop prospects. “There’s some concern developing on seeding delays,” said Jamie Wilton of RJ O’Brien in Winnipeg, adding […] Read more
CBOT weekly outlook: Weather, demand affect grain prices
Wheat 'up and down' on Black Sea uncertainty
Reading Time: 2 minutes MarketsFarm — Severe weather in the U.S. as well as macroeconomic factors at home and abroad affected grain prices on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Jack Scoville of Price Futures Group in Chicago said wet and cool weather across the U.S. Plains, Midwest and corn belt, as well as […] Read more
Argentina soybeans expected to go from horrible to great
El Nino expected to improve growing conditions
Reading Time: 2 minutes MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans — a fair amount less than Brazil and the U.S., but a lot more than other […] Read more
A message from April Stewart, Country Guide's Associate Editor
