Insights and Stories on Weather

Jul. 9, 2012 at 5:14 pm CDT

Soybean futures surged to an all-time high on Monday while corn futures soared five per cent and briefly rose their daily limit as continuing dry conditions in the U.S. Midwest looked more likely to decimate yields in America’s crop belt. Three weeks of sustained hot, dry weather across much of […]

By Julie Ingwersen

Jul. 9, 2012 at 4:22 am CDT

Hail insurance providers on the Prairies report about 2,200 claims filed in Saskatchewan up to the middle of last week, a number they say is "at least double" the typical count for that date. Claims are also still coming in from storms that hit the province July 1-3, the Canadian […]

Jul. 6, 2012 at 5:12 pm CDT

U.S. grain markets Friday snapped a furious three-week rally that had sent corn prices up more than a third since mid-June, as a downbeat U.S. jobs report provided an excuse for traders to book profits. Although new U.S. Midwest forecasts showed only marginal relief from what may be the worst […]

By Julie Ingwersen, Rod Nickel

Jul. 5, 2012 at 8:03 pm CDT

U.S. corn surged nearly four per cent on Thursday, extending one of its biggest rallies ever, while soybeans jumped to within 20 cents of their record high as new forecasts offered no sign of rain relief for withering crops. With fields now at the mercy of what may be the […]

By Mark Weinraub, Rod Nickel

Jul. 5, 2012 at 7:47 pm CDT

The U.S. Midwest will remain extremely hot and dry the next few days, adding more stress to crops already damaged by a summer heat wave, but some relief rains are expected over the weekend, forecasters said. All-time high temperatures were forecast for many U.S. Midwest cities on Thursday. The midday […]

By Christine Stebbins, Mark Weinraub