Insights and Stories on Weather

U.S. grains: Chicago grains flat or down with weather, Black Sea in focus

Apr. 25, 2023 at 3:37 pm CDT

Mexico City | Reuters — Chicago grain futures closed flat or lower on Tuesday, with wheat hitting a 21-month low, as markets were weighed down by a dip in stocks and crude oil and clear forecasts for U.S. planting weather, traders said. Corn closed slightly up as the market weighed […]

World could face record temperatures in 2023 as El Nino returns

Apr. 20, 2023 at 3:15 pm CDT

By Kate Abnett

CBOT weekly outlook: Weather, demand affect grain prices

Apr. 19, 2023 at 4:05 pm CDT

By Adam Peleshaty

India’s rapeseed output to be steady

Apr. 18, 2023 at 4:10 pm CDT

By MarketsFarm

Prairie soil moisture picture growing clearer

Apr. 17, 2023 at 8:24 pm CDT

By Gord Gilmour

Argentina soybeans expected to go from horrible to great

Apr. 17, 2023 at 3:14 pm CDT

MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans — a fair amount less than Brazil and the U.S., but […]

By MarketsFarm

Vast tracts of drought-hit Argentine soy fields seen going unharvested

Apr. 13, 2023 at 7:08 pm CDT

Buenos Aires | Reuters — Argentina’s Buenos Aires grains exchange on Thursday said farmers would likely leave large tracts of soy fields unharvested due to damage from a historic drought, which could lead to more cuts to its 25 million-tonne production forecast. Argentina is the world’s top exporter of soybean […]

By Reuters

U.S. forecaster sees 62 per cent chance of El Nino developing during May-July

Apr. 13, 2023 at 6:48 pm CDT

Reuters — A U.S. weather forecaster on Thursday predicted a 62 per cent chance of the El Niño phenomenon developing in the Northern Hemisphere during May-July, and a strong chance toward end-year, likely compounding risks to crops across the globe. “The coastal warming in the eastern Pacific may foreshadow changes […]

By Ashitha Shivaprasad

U.S. grains: Chicago grains close lower as weather improves

Apr. 13, 2023 at 6:28 pm CDT

Mexico City | Reuters — Chicago grains futures reversed earlier gains to close lower on Thursday, as weather improved and despite Russia saying there would likely be no extension of the wartime grains corridor deal, analysts said. Soybeans lost ground from their earlier rally as weather in the Northern Hemisphere […]

By Cassandra Garrison

CBOT weekly outlook: Weather in focus for Chicago grains, oilseeds

Apr. 12, 2023 at 6:14 pm CDT

MarketsFarm — All eyes in the Chicago grain and oilseed markets are focused on weather conditions as the South American harvest progresses and North American farmers begin seeding their next crop. The U.S. Department of Agriculture’s monthly supply/demand report (WASDE), released Tuesday, left ending stocks projections for both soybeans and […]

By Phil Franz-Warkentin