Winnipeg | Reuters – Fertilizer producer and farm supply dealer Nutrien Ltd expects U.S. farmers to plant as many as 95 million acres (38.5 million hectares) of corn next year, […] Read more
Tag Archives flooding
Nutrien sees big corn comeback in 2020, following U.S. floods
Cargill quarterly profit drops on trade tensions, U.S. floods
Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and […] Read more
U.S. Midwest floods to weigh on diesel demand come harvest
Putnam County, Ill. | Reuters — A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during […] Read more
Major grain traders face one-two punch from U.S. floods, trade war
Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a […] Read more
U.S. grains: Corn posts steepest drop in three years on USDA acreage view
Chicago | Reuters — U.S. corn futures plunged by the most in nearly three years on Friday after the U.S. Department of Agriculture (USDA) pegged U.S. planted acres well above […] Read more
U.S. fund managers adjust investment advice in light of extreme weather events
It’s a tricky business modelling how weather will affect farmers’ spending
New York | Reuters – After historic floods devastated Midwestern U.S. agricultural states this spring, some fund managers are evaluating how changes in weather and climate will affect the long-term […] Read more
U.S. grains: Soy down fourth straight week on export worries, big supplies
Chicago | Reuters — U.S. soybean futures eased on Friday for a sixth consecutive session, posting a fourth straight weekly drop as rain-delayed U.S. corn planting may fuel a shift […] Read more
U.S. disaster aid won’t cover crops drowned by Midwest floods
There is no mechanism to compensate farmers for grain damaged in storage
Reuters – The Black Hawk military helicopter flew over Iowa, giving a senior U.S. agriculture official and U.S. senator an eyeful of the flood damage below, where yellow corn from […] Read more
CBOT weekly outlook: Currency, swine fever weigh on prices
MarketsFarm — A strong U.S. dollar and China’s prolonged battle with African swine fever have turned Chicago Board of Trade markets largely bearish. “We’re seeing a slew of positive [economic] […] Read more
USDA won’t survey for volume of grain lost to March floods
Chicago | Reuters — The U.S. Department of Agriculture’s statistical arm will not collect data on the volume of harvested grain lost when farms from the Dakotas to Missouri were […] Read more
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