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Tag Archives drought


CBOT January 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybeans end higher with South America in focus

Wheat even; supplies from Black Sea region weigh against U.S. cold snap

By Christopher Walljasper December 20, 2022
Chicago | Reuters — Chicago soybean futures added on Tuesday as traders watched South American weather, though prices could not break above resistance around US$15 a bushel. “We’re at a […] Read more

CBOT January 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Rains in drought-hit Argentina pressure CBOT futures

Recession fears add pressure to markets, analysts say

By Tom Polansek December 19, 2022
Chicago | Reuters — Chicago Board of Trade grain and soybean futures slid on Monday after beneficial rains hit Argentina’s drought-stricken agricultural zone, analysts said. Argentina is the world’s leading […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Barley, wheat prices pull back

Truck shortage 'hasn't gotten any better'

By Glen Hallick December 15, 2022
MarketsFarm — Prices for feed barley and wheat are coming down on the Prairies, said Susanne Leclerc of Market Master Ltd. in Edmonton — and a big part of that […] Read more

(Medioimages/Photodisc/Getty Images)
Crops, Markets

CBOT weekly outlook: South America’s dry weather affecting soy complex

'We’re back to trading weather right now'

By Adam Peleshaty December 15, 2022
MarketsFarm — The U.S. Department of Agriculture’s world agricultural supply and demand estimates (WASDE) report last week is taking a back seat to drought concerns in South America, according to […] Read more

The SWOT spacecraft is moved into a transport container inside the Astrotech facility at Vandenberg Space Force Base on Nov. 18, 2022. (Photo: USSF 30th Space Wing/Chris Okula)
Crops, Machinery

NASA to conduct first global water survey from space

Data would bolster weather and climate forecasts

By Steve Gorman December 14, 2022
Los Angeles | Reuters — A NASA-led international satellite mission was set for blastoff from southern California early on Thursday on a major Earth science project to conduct a comprehensive […] Read more


(Mysticenergy/iStock/Getty Images)

Environment Canada sees ‘average’ Prairie winter ahead

By MarketsFarm December 2, 2022
MarketsFarm — An ‘average’ winter is in the forecast for most of the Canadian Prairies, according to the latest long-range seasonal forecast for December through February from Environment Canada, released […] Read more

(Photo courtesy Canada Beef Inc.)
Crops, Markets

Feed weekly outlook: Looming corn imports to keep lid on Prairie barley

By Phil Franz-Warkentin December 2, 2022
MarketsFarm — Large shipments of corn from the U.S., slated for delivery to Alberta’s feedlot alley, should keep domestic barley prices under pressure going forward, according to an analyst. “The […] Read more

(Vonkara1/E+/Getty Images)
Crops, Markets

Opinions divided ahead of StatCan production report

Agency's previous estimates model-based

By Glen Hallick November 30, 2022
MarketsFarm — Ahead of the crop production report from Statistics Canada (StatCan) due out Friday, trade expectations are above and below what the federal agency estimated in September. In August, […] Read more


Flags in front of the European Commission headquarters in Brussels. (Inakiantonana/E+/Getty Images)
Crops, Markets

EU cuts estimate of drought-hit maize crop, raises import outlook

Commission cuts soft wheat exports, raises imports

By Gus Trompiz November 25, 2022
Paris | Reuters — The European Commission on Friday cut its estimate of this year’s drought-hit maize harvest in the European Union to a new 15-year low while again raising […] Read more

CME February 2023 live cattle with Bollinger bands (20,2). (Barchart)
Livestock, Markets

U.S. livestock: CME live cattle top three-week high on supply worries

Lean hog futures up with slaughter pace

By Tom Polansek November 22, 2022
Chicago | Reuters — Live cattle futures exceeded a three-week high at the Chicago Mercantile Exchange on Monday on worries about tightening U.S. supplies, while feeder cattle futures set a […] Read more

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