Agriculture Weather & Forecast

A flooded field north of Winnipeg at St. Andrews, Man., on March 29, 2017. (Greg Berg photo)

Flood concerns ease across Prairies outside southern Manitoba

By Glen Hallick - MarketsFarm April 4, 2019

Reading Time: 2 minutes MarketsFarm — A slower-than-normal spring melt has helped to alleviate most flood concerns across the Prairies, except in southern Manitoba. That part of Manitoba, especially the Red River Valley south of Winnipeg, isn’t out of the woods just yet. Flooding may still reach levels on par with high water levels reached in 2009, according to […] Read more

MGEX May 2019 spring wheat with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Improving weather view weighs on wheat

By Mark Weinraub April 2, 2019

Reading Time: 2 minutes Chicago | Reuters — MGEX spring wheat futures plunged two per cent on Tuesday to their lowest levels since July 2018 on easing concerns about the weather in key U.S. growing areas and weakening cash prices, traders said. K.C. hard red winter wheat futures also were weak, with a better-than-expected government report on crop conditions […] Read more

Severe flooding in the U.S. Midwest may weigh on plantable acreage this spring for producers such as Justin Mensik, a corn and soybean grower shown here March 22, 2019 at his farm at Morse Bluff, Neb., about 70 km west of Omaha. (Photo: Reuters/Humeyra Pamuk)

Crops, Markets, Reuters, Weather

U.S. corn, soy stocks top forecasts

By Mark Weinraub March 29, 2019

Reading Time: 2 minutes Chicago | Reuters –– Massive supplies of both U.S. corn and soybeans remained in storage bins around the country ahead of spring planting, U.S. Agriculture Department (USDA) data released on Friday showed. USDA also said that farmers planned to boost their corn plantings by 4.1 per cent but severe flooding in the U.S. Midwest may […] Read more

Crops, Reuters, Weather

ADM says U.S. floods to cut into Q1 operating profit

By Reuters March 26, 2019

Reading Time: < 1 minute Chicago | Reuters — Flooding and severe winter weather in the U.S. Midwest will reduce Archer Daniels Midland’s first-quarter operating profit by US$50 million to $60 million, the U.S. grains trader said on Monday. Record floods have devastated a wide swath of the farm belt across Iowa, Nebraska, South Dakota and several other states. The […] Read more

File photo of a flooded North Dakota highway. (DLerick/E+/Getty Images)

Crops, Reuters, Weather

Heavy North Dakota snows threaten wheat seeding

By Julie Ingwersen March 25, 2019

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

Barley, Corn, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: Spring weather may swing Prairie feed markets

By Phil Franz-Warkentin March 22, 2019

Reading Time: 1 minute MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring is here, and as the snow melts it creates mud, road bans and all that lovely stuff,” said Brandon Motz of CorNine Commodities in Lacombe, […] Read more

Crops, Markets, Reuters, Weather

Grain markets walled off from flood impacts by mountains of supplies

By Mark Weinraub March 22, 2019

Reading Time: 2 minutes Chicago | Reuters — A massive supply of grains has shielded the futures markets from the impact of flooding in the U.S. Midwest so far, with traders largely shrugging off this week’s reports of destroyed storage bins, swamped elevators and questions about if waters will recede in time for planting. The problem is grain glut […] Read more

Tom Geisler surveys damage to his farm, following flooding at Winslow, Neb., northwest of Omaha, on March 20, 2019. (Photo: Reuters/Humeyra Pamuk)

Crops, Markets, Reuters, Weather

U.S. farmers face devastation following Midwest floods

By Humeyra Pamuk, P.J. Huffstutter, Tom Polansek March 20, 2019

Reading Time: 4 minutes Winslow, Neb./Chicago | Reuters — Midwestern farmers have been gambling they could ride out the U.S.-China trade war by storing their corn and soybeans anywhere they could — in bins, plastic tubes, in barns or even outside. Now, the unthinkable has happened. Record floods have devastated a wide swath of the Farm Belt across Iowa, […] Read more

CBOT May 2019 soft red winter wheat, with MGEX May 2019 spring wheat in orange. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Wheat ends higher on weather worries

By Julie Ingwersen March 20, 2019

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose nearly two per cent on Wednesday on poor weather in the Midwest soft winter wheat belt and the northern Plains spring wheat region, traders said. Soybean and corn futures closed modestly higher. Chicago Board of Trade May soft red winter wheat settled up 8-1/4 cents at $4.64-3/4 […] Read more

Finance Minister Bill Morneau appears at a pre-budget event March 14 at the Toronto Kiwanis Boys + Girls Clubs. (BMorneau.liberal.ca)

General, Machinery, Markets, Weather

Farm groups see something for everyone in federal budget

By GFM Staff March 20, 2019

Reading Time: 4 minutes Response so far from farm and agribusiness organizations to Tuesday’s pre-election budget suggests the federal government has managed to find at least one line item for everyone in the ag sector. Finance Minister Bill Morneau’s budget pledges compensation for supply-managed sectors facing financial hits from international trade pacts, funding for a new federal food policy […] Read more

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Weather

Flood concerns ease across Prairies outside southern Manitoba

U.S. grains: Improving weather view weighs on wheat

U.S. corn, soy stocks top forecasts

ADM says U.S. floods to cut into Q1 operating profit

Heavy North Dakota snows threaten wheat seeding

Feed weekly outlook: Spring weather may swing Prairie feed markets

Grain markets walled off from flood impacts by mountains of supplies

U.S. farmers face devastation following Midwest floods

U.S. grains: Wheat ends higher on weather worries

Farm groups see something for everyone in federal budget

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