Insights and Stories on Weather

Apr. 17, 2013 at 4:37 pm CDT

A lack of soil moisture in Australia’s eastern grain belt could hit wheat production in the world’s second largest exporter as farmers start seeding the 2013-14 crop. Concerns over Australia’s wheat output come as the U.S. crop faces winter storms after being planted in dry soil last year, piling pressure […]

By Colin Packham, Naveen Thukral

Apr. 17, 2013 at 4:15 pm CDT

U.S. soybean futures bucked early profit-taking pressure and rallied to a three-week high on Wednesday on tight U.S. supplies and a stronger cash market. Wheat shed earlier weather-fueled gains, overcome by technical selling and spillover pressure from a higher dollar and lower outside markets. Corn futures ended mixed. Profit-taking pressured […]

By Karl Plume

Apr. 17, 2013 at 1:21 pm CDT

The first meeting of the season for Ontario’s certified crop advisers and provincial ministry personnel north of London yielded some interesting observations for mid-April — but it’s obvious growers won’t be in the field for at least a couple of weeks. The notion that this spring’s weather has been a […]

By Ralph Pearce

Apr. 16, 2013 at 2:25 pm CDT

Chicago Board of Trade (CBOT) grains and soy complex futures rebounded with equities and gold markets on Tuesday after a sell-off in the previous session triggered by concerns raised by weaker-than-expected economic data from China. New York gold futures rebounded more than $25 per ounce on Tuesday, the Dow was […]

By Sam Nelson

Apr. 16, 2013 at 5:52 am CDT

Brazilian prosecutors are seeking to fine 26 beef producers a total of US$282 million for buying cattle raised in illegally deforested Amazon areas or on indigenous reservations, the federal prosecution service said Monday. The list included one major Brazilian food producer — Brasil Foods — which faces fines totaling 17.6 […]