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(Ablokhin/iStock Editorial/Getty Images)
Crops, Markets

CBOT weekly outlook: Markets brace for weather, trade war

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MarketsFarm — With the U.S. Department of Agriculture’s world agriculture supply and demand estimates (WASDE) report in the rearview mirror, the Chicago Board of Trade is trading largely on weather forecasts and flood reports. Markets did react, however, when the WASDE report dropped on Tuesday. “We did see some short covering in the market yesterday […] Read more
The Mississippi River. (Mark D. Tomer photo courtesy ARS/USDA)
Crops

New Year’s Day cold snap to hit U.S. winter wheat, rivers

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Chicago | Reuters — A New Year’s Day cold snap in the southern U.S. Plains poses a threat to winter wheat, particularly in Kansas, the country’s biggest producer of the grain, agricultural meteorologists said. Farmers in Kansas grow hard red winter (HRW) wheat, the largest U.S. wheat class that typically is milled into flour for […] Read more
The Mississippi River. (Mark D. Tomer photo courtesy ARS/USDA)
Crops

Soaring river freight hits U.S. farmers

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Chicago | Reuters — U.S. farmers are running out of options for their just-harvested corn and soybeans as delays on the Mississippi River, the main conduit for crops to export markets, cause shipping backlogs, while grain storage on the river’s banks is filling up. Low river levels and backups at aging locks have slowed navigation […] Read more
Crops

Ardent’s Illinois flour mills reopened

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Chicago | Reuters –– Ardent Mills, the largest U.S. flour miller, said operations resumed on Thursday at its mill at Chester, Illinois, that had been closed since Dec. 29 due to near-record flooding on the Mississippi River. Mill staff “have gone ‘above and beyond’ to conduct extensive cleaning and sanitizing to return the mill back […] Read more
Overland flooding in Missouri on Jan. 1. (Steve Zumwalt photo courtesy FEMA)
Crops

Barge accidents rise on flood-swollen Mississippi River

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Chicago | Reuters –– The U.S. Coast Guard temporarily halted shipping traffic on the Mississippi River in New Orleans on Friday after a tow boat struck stationary barges in a fleeting area, marking at least the fifth barge accident this week on the flood-swollen river. High water has severely restricted barge shipping traffic on the […] Read more
(Dave Bedard photo)
Crops

U.S. grain shippers await El Nino dryness after unseasonable flood

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Chicago | Reuters –– The clear Midwestern skies that El Nino cycles typically bring could be a boon to the U.S. heartland this spring, after recent record rain levels soaked the region, swamping farmland and disrupting grain export shipments on swollen rivers. Farm fields across the Midwest are saturated, according to the U.S. Department of […] Read more
(Michael Thompson photo courtesy ARS/USDA)
Crops

Ardent restarts Illinois flour mill after flooding

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Chicago | Reuters –– The largest U.S. flour miller, Ardent Mills, has resumed operations in Alton, Illinois, as floodwaters along the Mississippi River receded while a mill at Chester, Ill. will remain down for weeks, company executives said Tuesday. Near record-high floodwaters following deadly winter storms forced the company to shut down the mills a […] Read more
Crops

Rising Mississippi waters bring barge traffic near halt

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Chicago | Reuters –– Rapidly rising floodwaters brought barge traffic to a near standstill on the middle section of the Mississippi River on Monday, halting shipments of goods such as soybeans, concrete and road salt, government officials and traders said. The deadly storms have killed more than 40 people in flooding and tornadoes, snarling air […] Read more

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