Insights and Stories on Weather

U.S. grains: Wheat slides on U.S. weather, reduced fears over Ukraine

Jan. 31, 2022 at 5:21 pm CST

Chicago | Reuters — U.S. wheat futures fell more than three per cent on Monday to their lowest in nearly two weeks on forecasts of welcome moisture in the U.S. Plains wheat belt and waning fears of imminent conflict between Russia and Ukraine, traders said. Corn futures followed wheat down, […]

Year-end profits up for CN, CP despite lower grain handles

Jan. 29, 2022 at 2:38 pm CST

By Dave Bedard

CBOT weekly outlook: Prices up on hot weather, growing tensions

Jan. 19, 2022 at 6:00 pm CST

By Adam Peleshaty

U.S. grains: Wheat, corn rally to highest since December

Jan. 19, 2022 at 5:40 pm CST

By Mark Weinraub

U.S. grains: Soy eases on outlook for rain on South American crops

Jan. 14, 2022 at 7:33 pm CST

By Tom Polansek

U.S. grains: Corn, soy sag on South America weather forecasts

Jan. 13, 2022 at 6:43 pm CST

Chicago | Reuters — U.S. corn and soybean futures tumbled on Thursday on expectations that rains forecast for dry crop-growing areas of South America may limit harvest losses, traders said. Weather forecasts show parched areas of Argentina, the world’s top exporter of processed soy and No. 2 producer of corn, […]

By Tom Polansek

Last year was world’s sixth-warmest on record, U.S. scientists say

Jan. 13, 2022 at 3:58 pm CST

Reuters — Last year ranked as the sixth-warmest year on record, causing extreme weather events around the world and adding to evidence supporting the globe’s long-term warming, according to an analysis on Thursday by two U.S. government agencies. The data compiled by the U.S. National Oceanic and Atmospheric Administration (NOAA) […]

By Reuters

La Niña likely to continue into spring, U.S. forecaster says

Jan. 13, 2022 at 3:43 pm CST

Reuters — La Nina conditions are likely to continue during the Northern Hemisphere spring, a U.S. government weather forecaster said on Thursday. The La Niña weather pattern, characterized by unusually cold temperatures in the equatorial Pacific Ocean, has a 67 per cent chance of persisting from March through May this […]

By Reuters

ICE weekly outlook: Despite declines, signs point to increases for canola

Jan. 12, 2022 at 6:49 pm CST

MarketsFarm — Although old-crop canola was falling back midway through the week of Jan. 10, analyst David Derwin of PI Financial in Winnipeg said the oilseed should “grind higher” in weeks to come. “The fundamentals haven’t changed at all — they’re not going to get more canola out of the […]

By Glen Hallick - MarketsFarm

U.S. grains: Soy, corn sag on South American weather outlooks

Jan. 10, 2022 at 4:11 pm CST

Chicago | Reuters — U.S. soybean and corn futures fell on Monday on forecasts calling for much-needed rains in dry areas of South America, along with long liquidation ahead of several key U.S. government reports due at mid-week, analysts said. Wheat futures firmed on short-covering and the unwinding of inter-market […]

By Julie Ingwersen