Reading Time: 2 minutes Buenos Aires | Reuters — Argentina’s Rosario Grains exchange sharply cut its forecast for the 2022-23 soybean harvest to 37 million tonnes from a previous forecast of 49 million, it said on Wednesday, as the country faces its worst drought in 60 years. The exchange also slashed its 2022-23 corn harvest estimate to around 45 […] Read more
Worst drought in decades sees Argentina exchange slash soy, corn forecasts
Another ‘atmospheric river’ storm renews flood threat in California
Reading Time: 2 minutes Sacramento | Reuters — Emergency crews braced for the next bout of high winds and torrential rains forecast to sweep California starting on Wednesday, renewing the threat of power outages and flooding that struck parts of the state over the New Year’s weekend. The latest “atmospheric river” — an airborne current of dense moisture flowing […] Read more
Northern California deluge’s current rainfall level expected again
Flood risk to continue into next week
Reading Time: 2 minutes MarketsFarm — While the deluge of rain over northern California took a day’s break on Tuesday, agricultural meteorologist Drew Lerner of World Weather Inc. said the heavy precipitation would soon resume. Following the worst drought in California history, the state has been receiving very intense precipitation that’s brought flooding to its northern areas. “It will […] Read more
CBOT weekly outlook: U.S. winter wheat to feel the cold
Crop off to 'a really bad start'
Reading Time: 2 minutes MarketsFarm — With frigid weather coming out of the Arctic, across the Canadian Prairies and into the U.S., there has been an upswing in wheat prices at the Chicago Board of Trade (CBOT). Prior to Christmas Day, temperatures are expected to fall as cold as -40 C in the northern Plains to below freezing in […] Read more
Manufacturers brace for a changing climate
Machinery brands prepare for a future of uncertainty due to global warming
Reading Time: 5 minutes The images in early October were stunning. Hurricane Fiona had sent a record-breaking ocean storm surge against Newfoundland coastal communities, leaving death and devastation in its wake. It’s the kind of event climate scientists have warned would occur more frequently due to global warming. At the same time, across the globe record flooding was wreaking […] Read more
Drought expands across western Prairies
Reading Time: 2 minutes MarketsFarm — Drought conditions expanded across Alberta and Saskatchewan in October, with very little precipitation across the agricultural regions of the two provinces since August. That’s according to the latest Canadian Drought Monitor from Agriculture and Agri-Food Canada, as of Oct. 31. At the end of that month, 72 per cent of the Prairie region […] Read more
Farm climate innovation commitments at COP27 double to US$8 billion
Agriculture could outpace other industries to net zero: Vilsack
Reading Time: 2 minutes Sharm el-Sheikh, Egypt | Reuters — An initiative led by the United States and the United Arab Emirates to help agriculture adapt to climate change and reduce emissions through innovation has doubled investment commitments to US$8 billion and extended its reach, it said on Friday. The Agriculture Innovation Mission for Climate (AIM for Climate) was […] Read more
Cold, snowy start seen to Prairies’ winter
Reading Time: 1 minute MarketsFarm — Although the official calendar start to winter isn’t until Dec. 21, conditions on the Canadian Prairies are now winter-like, according to Weatherlogics chief scientist Scott Kehler. “For the month of November, it looks like we’re off to a cold start for most of the Prairies. The western Prairies… had quite a significant winter […] Read more
U.S. winter wheat growers seed into dust as Plains drought persists
Reading Time: 3 minutes Chicago | Reuters — With seeding roughly halfway complete, the 2023 U.S. hard red winter wheat crop is already being hobbled by drought in the heart of the southern Plains, wheat experts said. Seeding plans may be scaled back in the U.S. breadbasket despite historically high prices for this time of year, reflecting rising global […] Read more
Drought-stricken B.C. bracing for floods when rains return
Reading Time: 2 minutes Reuters — British Columbia on Thursday warned residents to prepare for flooding when rains eventually return after a prolonged drought exacerbated by climate change that has raised concerns about long-term damage to ecosystems ranging from glaciers to salmon rivers. The usually rainy western province has experienced weeks of record-breaking warm fall temperatures and minimal precipitation […] Read more