Daily Network News

More News →

Weather

CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Corn, Crops, Markets, Soybeans, Weather

CBOT weekly outlook: Weather wreaks havoc on crops

By
Reading Time: < 1 minute MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: Live cattle futures mostly firm on wintry Plains weather

April hogs stay within Friday's range

By
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed mostly higher on Tuesday as frigid conditions gripped the U.S. Plains and Midwest, limiting the movement of animals into meat plants and threatening to reduce cattle weights, traders said. However, rallies were limited as wintry weather and power outages prompted meat-packing plants to slow the slaughter […] Read more
K.C. April 2021 hard red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Weather worries push wheat futures higher

Soybeans firm, corn slips

By
Reading Time: 1 minute Chicago | Reuters — U.S. wheat futures rose on Friday, supported by concerns that arctic temperatures in key growing areas could damage the dormant crop during the weekend, traders said. “Cold temperatures, chiefly domestically, lesser so abroad, will keep the wheat trade watching winterkill prospects over the weekend,” Matt Zeller, director of market information at […] Read more
CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters, Weather

U.S. livestock: Cattle futures rally

Cold U.S. weather in focus

By
Reading Time: < 1 minute Chicago | Reuters — U.S. cattle futures rallied on Friday, supported by cold weather in the United States that was making it hard to put weight on animals. “Weather remains front and center for cattle producers, bitter cold temps will be with us through the weekend and also some sizable snow totals in the southeast […] Read more
Forecast probability of precipitation above, below and near normal for the period from February through April 2021, based on three equiprobable categories from 1981-2010 climatology. Map produced Jan. 31, 2021. (Map: Environment and Climate Change Canada)
General, Weather

Long-range forecast points to cool, wet spring for northern Prairies

By
Reading Time: < 1 minute MarketsFarm — Central and northern agricultural regions of Saskatchewan and Alberta are forecast to see cooler-than-normal temperatures with above-average precipitation over the next three months, according the latest long-range outlook from Environment Canada. The department’s latest seasonal weather maps, dated Sunday, show a 40-50 per cent chance of above-normal precipitation across most of the northern […] Read more
AFSC CEO Darryl Kay announced a 20 per cent cut in farmers’ AgriInsurance premiums for the 2021 crop year on Jan. 25. (AFSC video screengrab via YouTube)
Crops, Weather

Alberta crop insurer taps reserve to cut premiums

AFSC to pare premiums by 20 per cent

By
Reading Time: 2 minutes The reserve at Alberta’s Crown crop insurance agency will be tapped to offset the premiums charged to farmers for the 2021 crop year, and possibly for longer. The province’s Agriculture Financial Services Corp. (AFSC) said Monday its farmer customers will get a 20 per cent discount on crop insurance premiums this year — which on […] Read more
Yara is seeking Norwegian government funding toward switching its Porsgrunn ammonia plant’s production process to electricity by 2026. (Yara.com)
Crops, Machinery, Markets, Reuters, Weather

Facing green push on farm, fertilizer makers look to sea for growth

By ,
Reading Time: 4 minutes Winnipeg/Oslo | Reuters — Two of the world’s biggest fertilizer producers, CF Industries and Yara International, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the U.S. and Norway to produce clean energy to power ships. The consumption of oil for transportation is one of the top contributors to […] Read more
File photo of domestic hogs on a German farm. (FooTToo/iStock/Getty Images)
Livestock, Reuters, Weather

EU farmers could get cash to curb emissions from belching livestock

By
Reading Time: 2 minutes Brussels | Reuters — Farmers should get European Union funding to reduce methane emissions from livestock or increase organic farmland, the European Commission said on Thursday, under plans to make agriculture greener. The EU is nearing the end of a two-year battle to overhaul its massive farming subsidies scheme, to attempt to align the agriculture […] Read more
(Dave Bedard file photo)
General, Weather

Manitoba to consolidate and shut agriculture, MASC offices

Province announces 'new rural service delivery model'

By
Reading Time: 3 minutes Updated, Jan. 7 — Manitoba’s agriculture and resource development department and crop insurance and ag lending agency will close their offices in 21 communities and consolidate others this spring, in a bid to reduce their “physical footprint.” Agriculture Minister Blaine Pedersen on Wednesday announced what the province billed as “a new rural service delivery model […] Read more
(Graphic courtesy Environment and Climate Change Canada)
General, Weather

Longer-range forecast points to warmer-than-normal winter

By
Reading Time: < 1 minute MarketsFarm — Warmer-than-normal temperatures are in the long-range forecast across all of Canada for the next three months, according to the latest outlook from Environment Canada. The latest seasonal forecast from the government agency, released Thursday, calls for a 40 to 70 per cent chance of above-normal temperatures from January through March for the western […] Read more

Upcoming events

Latest Market News

More Market News →