Insights and Stories on Weather

Russian wheat prices rise as wet weather slows harvest

Aug. 13, 2013 at 6:23 pm CDT

Russia’s wheat export prices rose last week thanks to healthy demand from foreign importers and poor weather slowing the country’s harvesting campaign, according to analysts. Russia, one of the world’s leading wheat exporters, had harvested 33.4 million tonnes of wheat from 44 per cent of its planted area as of […]

McMillan: USDA’s durum yield outlook brightens

Aug. 13, 2013 at 5:39 pm CDT

By stuart-mcmillan

CropChatter: Swath, desiccate or let it be?

Aug. 13, 2013 at 3:03 pm CDT

Chicago corn plunges as record-large U.S. harvest looms

Aug. 13, 2013 at 2:44 pm CDT

By Karl Plume

Prairie wheat, canola still susceptible to pests, diseases

Aug. 13, 2013 at 12:19 pm CDT

By Brandon Logan

Different method led to surprise cut in U.S. corn harvest forecast

Aug. 13, 2013 at 8:15 am CDT

Don’t consider the 1.3 per cent drop in the U.S. Department of Agriculture’s corn harvest forecast a cut. That was the message from Lance Honig, chief of the crops branch of the USDA’s National Agricultural Statistics Service, after the department sparked a rally in corn futures with a surprising reduction […]

By Tom Polansek

McMillan: Prairie oats crop looks good so far

Aug. 12, 2013 at 3:53 pm CDT

While cool weather is a concern, western Canadian oat crops are in good to excellent condition so far, say industry analysts. In Alberta, the largest oat-producing province, the latest crop report from Alberta Agriculture and Rural Development said that as of July 30, 89 per cent of the crop was […]

By stuart-mcmillan

Chicago soybeans surge as USDA cuts crop, stocks forecasts

Aug. 12, 2013 at 2:56 pm CDT

U.S. soybean futures rallied more than three per cent on Monday after the U.S. government made deeper-than-expected cuts to its forecasts for production and end-of-season stocks and as a dry spell in the Midwest suggested yields could drop even further. Corn futures added more than two per cent after the […]

By Karl Plume

Prairie flax prices trending downward

Aug. 9, 2013 at 5:31 pm CDT

Western Canadian flax prices have lost close to $1 per bushel in recent weeks, and the trend is expected to continue leading up to harvest, according to Kevin Silzer, broker at Rayglen Commodities in Saskatoon. “I think flax has been following the general markets right now,” he said. “There’s also […]

By Brandon Logan

U.S. corn falls to three-year low on record crop outlook

Aug. 9, 2013 at 4:56 pm CDT

U.S. new-crop corn futures fell to a three-year low on Friday and soy slipped as well on prospects for record harvests this autumn. “The path of least resistance is lower since there is still no legitimate weather threat to the crop and still forecasts for record production,” said Shawn McCambridge, […]

By Sam Nelson