The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

U.S. grains: Soy futures soar on US weather woes

U.S. soybean futures hit their highest in two months on Friday as soymeal futures surged by five per cent on worries about damage to crops and infrastructure in the Gulf Coast region following the landfall of Hurricane Helene as well as short-covering ahead of key crop reports due Monday.



ICE November 2023 FCOJ with 20-, 50- and 100-day moving averages. (Barchart)

Orange juice prices near all-time high as storm hits Florida

Crop was already expected to be small

New York | Reuters — Orange juice prices at the Intercontinental Exchange (ICE) rose more than three per cent on Wednesday, heading back toward an all-time high hit earlier this month, as storm Idalia slammed parts of main U.S. orange producer Florida. Contracts for frozen concentrated orange juice (FCOJ) at ICE hit a high of […] Read more

A man stands inside his destroyed house in the rural zone of Cuey, in the aftermath of Hurricane Fiona, in El Seibo in the Dominican Republic on Sept. 20, 2022. (Photo: Reuters/Ricardo Rojas)

Atlantic Canada on Hurricane Fiona’s path, broad impact expected

Parts of Nova Scotia more vulnerable to flooding

Reuters — Hurricane Fiona is headed toward Eastern Canada and is expected to reach its Atlantic region by Friday in what could be a severe weather event as the storm continues to gain strength, Canadian meteorologists said Wednesday. Fiona powered up to a Category 4 storm on Wednesday, packing winds as high as 215 km/h, […] Read more


Tropical Storm Nicholas in the Gulf of Mexico on Sept. 14, 2021. (Nesdis.noaa.gov)

Some grain terminals restart after Ida as Nicholas rains arrive

Reuters — Another grain export terminal near Louisiana’s Gulf Coast shuttered for two weeks by Hurricane Ida restarted operations this week even as heavy rains from Tropical Storm Nicholas battered the region on Tuesday. Global grain trader Cargill said it had reopened its Westwego, La. grain export terminal and on Monday unloaded its first grain […] Read more