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Pacific sea surface temperature anomalies in degrees Celsius for the week centred on Dec. 29, 2021. (CPC.ncep.noaa.gov)
General, Weather

La Niña introduces itself with Prairie cold snap

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Reading Time: 2 minutes MarketsFarm — The frigid conditions which had enveloped the Prairie provinces in recent weeks is a sign La Niña has come again, according to a Kansas-based meteorologist. Since mid-December, the Prairies have been in a deep freeze beginning with temperatures at least 10 C below-normal. Since the holiday season, many towns and cities in the […] Read more
FCL’s Co-op Fertilizer Terminal at Brandon. (Photo courtesy Federated Co-operatives Ltd.)
Crops, Markets, Weather

Fertilizer prices to remain high for now

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Reading Time: 2 minutes MarketsFarm — There are two factors to consider when it comes to fertilizer. One is the cost as it’s to remain quite expensive at least through the first quarter of 2022, according to Chris Lawson, head of fertilizers for the CRU Group. The other is its availability, said Todd Lewis, president of the Agricultural Producers […] Read more
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans ease after weather rally

Corn firms, wheat slips to nearly three-month low

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures dipped on Thursday as broad selling in financial markets countered weather concerns in South America that had pushed prices to a five-month high. Corn ended just above even, paring losses as private estimates of South American crops fell further due to hot, dry conditions in the region. Wheat […] Read more
Environment Canada’s forecast probabilities of precipitation for the January-through-March period. (Weather.gc.ca)
Crops, Livestock, Weather

Colder-than-normal Prairie winter forecast

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Reading Time: < 1 minute MarketsFarm — Colder-than-normal temperatures are in the long-range forecast across Western Canada over the next three months, while much of Eastern Canada should be warmer. The latest seasonal forecast from Environment Canada, released Friday, calls for a 50 to 90 per cent chance of below-normal temperatures from January through March for the four western provinces. […] Read more
CBOT March 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn supported by South America dryness

Wheat ratings decline in Kansas, Oklahoma, USDA says

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean and corn futures climbed on Tuesday, underpinned by dry weather in parts of South America that could hurt yields in rival export markets, while wheat rose after a three-session decline. The most-active soybean contract on the Chicago Board of Trade (CBOT) closed 34-1/4 cents higher at $13.89-3/4 a bushel, […] Read more
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soy climbs on South American weather

Corn also underpinned by weather, brisk demand

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Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures ended higher on Monday, supported by risks of hot and dry weather for South American crops as they near harvest. Wheat fell, pressured by a stronger U.S. dollar, pulling corn lower. The most active soybeans contract on the Chicago Board of Trade (CBOT) ended 16-1/4 cents higher at […] Read more
CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn extend rally

Dry South American weather stokes worries on crops; wheat prices move on technical trading

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Reading Time: < 1 minute Chicago | Reuters — Chicago soybeans and corn extended gains on Monday to hit multi-month highs as dry and hot weather in South America stoked supply worries. Wheat rose early in the session, bolstered by hopes for greater export demand, but ended the day down on technical trading. Dealers said many market participants were still […] Read more
File photo of a dicamba-damaged soybean plant. (Reuters)
Crops, Reuters, Weather

U.S. EPA reviewing dicamba over crop damage claims

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Reading Time: 2 minutes Chicago | Reuters –– The U.S. Environmental Protection Agency is assessing whether dicamba herbicide can be sprayed safely on soybean and cotton plants genetically engineered to resist the chemical, without the procedure posing “unreasonable risks” to other crops, an agency official said Tuesday. Farmers and scientists for years have reported problems with dicamba drifting away […] Read more
Crews work as Canadian Pacific Railway tracks are suspended above the washed-out Tank Hill underpass of the Trans-Canada Highway after devastating rain storms caused flooding and landslides, northeast of Lytton, B.C. on Nov. 20, 2021. (Photo: B.C. Ministry of Transportation and Infrastructure handout via Reuters)
Crops, Machinery, Weather

Grain movement to Vancouver picking up

Railways seen recovering from B.C. damages faster than many had expected

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Reading Time: 4 minutes Western grain movement to the Port of Vancouver was at 60 per cent of normal as of Dec. 15 and is expected to continually improve, Mark Hemmes, Canada’s grain monitor and president of Quorum Corp. said in an interview Wednesday. “I think by next week it’s going to look a lot better,” he said. “Is […] Read more

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