MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in […] Read more
Tag Archives forecast
USDA expects record world wheat crop in 2021-22
CBOT weekly outlook: Tight old-crop supplies keep soy, corn strong
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade posted solid gains during the week ended Wednesday, with the widening inverted spread between old-crop contracts and new-crop […] Read more
Long-range forecast points to cool, wet spring for northern Prairies
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 […] Read more
Prairies can expect far better harvest weather this fall
MarketsFarm — Prairie farmers are likely going have good weather over the next few weeks, according to Scott Kehler of Weatherlogics. “We got a pretty significant warm-up across most of […] Read more
Global grain production to increase, IGC predicts
MarketsFarm — The International Grains Council (IGC) issued projections Thursday calling for a slight increase in total global grain production for the current marketing year and for 2020-21. The U.K.-based […] Read more
Chances of flooding in Manitoba depend on weather
MarketsFarm — Manitoba has issued its spring thaw forecast of 2020 — with high water levels coming for the Red River. That’s due to significant soil moisture levels left over […] Read more
Average Prairie heat, more rain in summer forecast
MarketsFarm — Canada’s Prairies should see higher-than-normal precipitation and generally average temperatures during the 2020 growing season, according to a forecast from Scott Kehler of Weatherlogics. Speaking Thursday at CropConnect […] Read more
CN strike to weigh on railway’s 2019 profit
Reuters — Canadian National Railway on Tuesday cut its adjusted profit growth target for 2019, citing shipment delays from the country’s largest rail strike in a decade that ended last […] Read more
Near-normal monsoon expected in India
MarketsFarm — Monsoon rains in India are expected to be near normal in 2019, according to the first long-range forecast of the year from the India Meteorological Department. The southwest […] Read more
Canola prices vulnerable after StatsCan report
CNS Canada — The latest acreage report from Statistics Canada failed to surprise most investors in the market, but still could leave canola futures looking overpriced, according to a trader. […] Read more
Cyber-Savvy Farmer
