Insights and Stories on Weather

CBOT weekly outlook: Soybeans, corn looking past hurricane

Sep. 1, 2021 at 2:43 pm CDT

MarketsFarm — Hurricane Ida has wreaked havoc on the U.S. Gulf Coast, pressuring Chicago Board of Trade soybean and corn futures as exports face disruptions — but the market is reacting more to what’s coming next than what has already happened, an analyst says. “I don’t know what the ramifications, […]

Pulse weekly outlook: Tight Canadian supplies to cut into exports

Aug. 31, 2021 at 7:59 pm CDT

By Phil Franz-Warkentin

U.S. grains: Corn, soy, wheat sag as Ida damage spurs export concerns

Aug. 31, 2021 at 5:32 pm CDT

By Tom Polansek

U.S. grains: Prices down on rains, Ida shuts grain facilities

Aug. 30, 2021 at 6:29 pm CDT

By Tom Polansek

StatsCan confirms Canada’s crop production down in 2021

Aug. 30, 2021 at 2:06 pm CDT

By Phil Franz-Warkentin

Smaller crops anticipated in looming StatsCan report

Aug. 27, 2021 at 3:34 pm CDT

MarketsFarm — Heat and drought across Western Canada during the summer of 2021 seriously cut into the country’s crop production, raising traders’ expectations for reduced yields across the board when Statistics Canada on Monday releases its first production estimates of the year. Canola production is estimated at 11.5 million to […]

By Phil Franz-Warkentin

U.S. grains: Soybeans ease as Midwest’s rains seen boosting crop

Aug. 27, 2021 at 3:18 pm CDT

Chicago | Reuters — U.S. soybean futures fell for a second straight session on Friday as rains were seen boosting harvest prospects in some dry areas of the Midwest farm belt. Wheat futures fell on profit-taking and spillover pressure from lower soybeans, although concerns about global supplies limited declines. Corn […]

By Karl Plume

Ag department lowers crop production, export estimates

Aug. 26, 2021 at 6:38 pm CDT

MarketsFarm — Canadian crop production will be down significantly in the 2021-22 marketing year, cutting into exports for all of the country’s major grains, oilseeds and pulse crops. That’s the estimation from the latest supply/demand estimates from Agriculture and Agri-Food Canada (AAFC), released Thursday. Total field crop production for all […]

By Phil Franz-Warkentin

CBOT weekly outlook: Factors worth watching

Aug. 25, 2021 at 6:03 pm CDT

MarketsFarm — Choppiness in Chicago Board of Trade (CBOT) soyoil, a potential increase in corn prices and an upcoming production report from Statistics Canada are factors on which grains analyst Terry Reilly suggests keeping an eye. Soyoil has been hit by early reports that the U.S. Environmental Protection Agency was […]

By Glen Hallick - MarketsFarm

U.S. grains: Corn climbs on weaker crop conditions

Aug. 25, 2021 at 5:30 pm CDT

Chicago | Reuters — Chicago corn futures climbed on Wednesday for a second day after the U.S. Department of Agriculture cut crop ratings on Monday afternoon, though beneficial rainfall across parts of the upper U.S. Midwest limited gains. Soybeans ended higher after the market made its biggest daily gain since […]

By Christopher Walljasper