Chicago | Reuters — MGEX spring wheat futures plunged two per cent on Tuesday to their lowest levels since July 2018 on easing concerns about the weather in key U.S. growing areas and weakening cash prices, traders said. K.C. hard red winter wheat futures also were weak, with a better-than-expected government report on crop conditions […] Read more
Tag Archives weather — page 50
U.S. grains: Improving weather view weighs on wheat
CBOT weekly outlook: Markets at mercy of weather
MarketsFarm — Traders are bracing for more inclement weather to hit the U.S. Midwest, which in turn could rock commodities. Springtime floods and adverse weather have impacted the majority of the U.S. Plains and Midwest, and those regions expect another snow system before the end of March. Flooding may delay planting dates, causing farmers to […] Read more
Rain makes for tough Argentina crop season
An Argentinian farmer visiting Canada says unpredictable government policies are always a concern for farmers there
Parts of Argentina are awash in rain and January planting of corn was delayed in the north and centre regions of the country. German Peyronel, a farmer in Bandera, in the Santiago del Estero province of Argentina, hasn’t been able to plant all the acres he wanted to by now because of the rain and […] Read more
Hundreds of thousands of cattle killed by Australian floods
The region has gone from drought to catastrophic floods after receiving 1.5 year’s worth of rain in seven days
Sydney | Reuters – Authorities planned to drop fodder to stranded cattle in Australia’s flooded far north earlier this month where vast parts of the outback are under water and livestock losses are estimated in the hundreds of thousands. Torrential rains that lashed the coastal city of Townsville in Queensland state this week have swept […] Read more
Feed weekly outlook: Markets steady amid cold Alberta weather
Excessively cold temperatures in Alberta may be causing headaches for both feed grain buyers and sellers, but prices remain relatively steady for what’s moving. The cold weather hasn’t really led to a significant increase in demand, but “it’s definitely made the farmer grumpy,” said Brandon Motz of CorNine Commodities in Lacombe, Alta. “In general, the […] Read more
U.S. shutdown sends grain traders, farmers hunting for data
Chicago | Reuters — When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up. The USDA was set to release its views on the projected size of U.S. soybean stockpiles, among […] Read more
CBOT weekly outlook: Rangebound soy, corn look for fresh news
CNS Canada — With Midwestern harvest operations nearing completion for the year, rangebound U.S. grain and oilseed markets are looking for fresh news to provide direction. Soybean, corn and wheat futures all remain stuck in relatively sideways trading patterns and “the only thing that will change that is an adverse situation in South American weather, […] Read more
Fair weather welcome for harvest wrap-up in Sask.
CNS Canada – Thanks to good weather during the last half of October 99 per cent of Saskatchewan’s crop has been harvested according to Saskatchewan Agriculture’s final Crop Report of 2018. However, snow and rain in early November has delayed the harvest of the remaining crops such as flax and oats, but producers hope to […] Read more
El Nino developing as Western Canada recovers from drought
CNS Canada – Despite above normal precipitation over the last couple of months, when comes to the drought, the Prairies are not out of the woods as winter approaches. We are headed into an El Nino, at least according to the Australian Bureau of Meteorology and the National Oceanic and Atmospheric Administration,” said Bruce Burnett, […] Read more
Alberta harvest nearing completion
CNS Canada – Alberta farmers made significant harvest progress in late-October, with nearly 95 per cent of crops off the field as of Oct. 30, according to the final crop report of the season from Alberta Agriculture. On a crop-by-crop basis, spring wheat was 96.1 per cent harvested, durum 95.4 per cent, barley 95.6 per […] Read more
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