Insights and Stories on Weather

Oct. 29, 2012 at 5:26 pm CDT

In years to come, 2012 in Ontario will be remembered as a drought year along with 2001 and 1988. Despite the cheery prospect of a winter with little ground cover and uncommonly warm temperatures, many farmers spent the early part of the year bracing themselves for a drier-than-normal growing season. […]

By Ralph Pearce

Oct. 29, 2012 at 3:38 pm CDT

Based on preliminary estimates, payouts to Prairie farmers for 2012 crop hail claims total roughly $280 million on 21,600 losses. A total of nearly $341 million was collected from producer premiums for an industry-wide loss ratio of just over 82 per cent. Disease and wind damage made it challenging for adjusters […]

By Canadian Crop Hail Association

Oct. 29, 2012 at 3:18 pm CDT

U.S. soybean futures fell two per cent on Monday and appear headed for their biggest daily slide in almost a month due to long liquidation prompted by crop-friendly weather forecasts for top producer Brazil and by concerns of Hurricane Sandy’s impact on the U.S. financial sector. The sell-off in soybeans […]

By Julie Ingwersen, Reuters

Oct. 26, 2012 at 5:32 pm CDT

Soybean and corn crops in Ontario are yielding better than expected, according to industry officials.    “We had quite a dry summer in Ontario so there were considerable concerns that the yields were not going to be there,” Horst Bohner, soybean specialist with the Ontario Ministry of Agriculture, Food and Rural […]

By Terryn Shiells

Oct. 26, 2012 at 11:36 am CDT

A potential "weather market" developing in South America, combined with "disappointing" canola yields and malting barley quality at home, is supporting CWB’s latest harvest and early delivery pool return outlooks (PROs). The former Canadian Wheat Board on Thursday rolled out harvest PROs with durum values up $5-$10 per tonne, wheat […]