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Tag Archives rainfall


CBOT July 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

CBOT weekly outlook: Soy, corn watching weather

By Phil Franz-Warkentin May 27, 2021
MarketsFarm — Corn and soybean futures at the Chicago Board of Trade have moved off of highs hit earlier in May as good planting conditions in the U.S. Midwest weighed […] Read more

CBOT July 2021 corn (candlesticks) with 20-day moving average (yellow line) and December 2021 corn (orange high/low/close). (Barchart)
Crops, Markets

U.S. grains: Corn sinks to one-month low on weather, technical selling

Soybeans, wheat follow corn lower

By Karl Plume May 26, 2021
Chicago | Reuters — U.S. corn futures tumbled to a one-month low on Tuesday as timely spring planting and beneficial rains across most of the Midwest boosted crop prospects. Losses […] Read more

CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Soybeans dive to biggest weekly loss in 6-1/2 years

Soy, corn tumble on improved weather; wheat extends fall

By Christopher Walljasper January 22, 2021
Chicago | Reuters — Chicago soybean futures slid more than four per cent on Friday — while corn futures dropped their daily limit — as rains in key South American […] Read more

CBOT March 2021 soybeans with 20-, 30- and 50-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans fall on South American rainfall

Russian export tax supports U.S. wheat; corn follows soybeans

By Christopher Walljasper January 19, 2021
Chicago | Reuters — Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said. Corn followed soybeans lower, […] Read more

CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Futures slip on South American rains

USDA report seen cutting U.S. soy, corn supply estimates

By Karl Plume January 12, 2021
Chicago | Reuters — U.S. soybean futures slipped from 6-1/2-year highs on Monday on crop-boosting rains in South America and as investors squared positions ahead of eagerly awaited U.S. government […] Read more


CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soy futures sag on improving Brazil weather

CBOT March wheat rallies

By Julie Ingwersen December 2, 2020
Chicago | Reuters — U.S. soybean futures dipped to a 2-1/2 week low on Wednesday as forecasts for much-needed rains in portions of Brazil’s crop area prompted a round of […] Read more

(Photo courtesy Canada Beef Inc.)
Crops

Prairies can expect far better harvest weather this fall

By Glen Hallick September 18, 2020
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

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Rain needed across U.S. Midwest

By Glen Hallick August 20, 2020
MarketsFarm — Dry conditions across the U.S. Midwest were among the factors that could affect commodity prices on the Chicago Board of Trade (CBOT) if rain doesn’t come soon, according […] Read more


Conditions reported to AAFC’s Canadian Drought Monitor as of July 31, 2020. (Agr.gc.ca)
Crops

Most of Prairies to see little rain

By Glen Hallick August 12, 2020
MarketsFarm — Warm and dry weather that has generated little precipitation across the Prairies is expected to continue in most areas, aside from southern Manitoba, according to two meteorologists. “Looks […] Read more

(Qingwa/iStock/Getty Images)
Crops, Markets

USDA’s July WASDE has little effect on markets

U.S. Midwest weather likely having greater effect

By Glen Hallick July 10, 2020
MarketsFarm — There were some notable changes in the carryovers for corn, soybeans and wheat in the July supply and demand report from the U.S. Department of Agriculture released Friday. […] Read more

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