Insights and Stories on Weather

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

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

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

Aug. 8, 2013 at 2:56 pm CDT

Manitoba’s sunflower crop is developing at a slower-than-average pace due to recent cooler temperatures seen across the province. “Planting was a little bit later than what we were hoping as well, so compounding the cooler weather, we’re like a week and a half, two weeks later than average,” said Mike […]

By Terryn Shiells

Aug. 8, 2013 at 12:27 pm CDT

Fertilizer and ag retail firm Agrium reported a fall in quarterly profit due to an unusually cold spring in North America, but said it expected strong demand for crop inputs for the rest of the year. Unseasonably cool weather in the U.S. Midwest this spring compressed the usual time period […]