Insights and Stories on Weather

U.S. grains: Wheat futures rally after U.S. slashes harvest estimates

Jul. 12, 2021 at 6:20 pm CDT

Chicago | Reuters — U.S. wheat futures climbed on Monday on lower-than-expected production estimates for domestic crops damaged by searing weather and drought, analysts said. Corn and soybean futures also jumped. The U.S. Department of Agriculture, in a monthly report, slashed its harvest outlook for spring wheat other than durum […]

CN, CP trains ordered to slow down against fire risk

Jul. 12, 2021 at 5:15 am CDT

By Dave Bedard

Anthrax kills southeastern Saskatchewan sheep

Jul. 9, 2021 at 7:48 pm CDT

By Dave Bedard

U.S. grains: Rain pushes corn to 12 per cent weekly drop

Jul. 9, 2021 at 5:44 pm CDT

By Christopher Walljasper

U.S. grains: Soybeans, corn fall on cool, wet forecast

Jul. 8, 2021 at 4:32 pm CDT

By Christopher Walljasper

ICE weekly outlook: Expensive canola required

Jul. 7, 2021 at 5:23 pm CDT

MarketsFarm — Canada’s coming canola harvest, if lower than projected, would add tremendous pressure to prices as supplies could become much tighter than they have, according to trader Ken Ball with PI Financial in Winnipeg. Ball believes the 2021-22 canola harvest could be as low as 16 million to 17 […]

By Glen Hallick - MarketsFarm

CBOT weekly outlook: U.S. Midwest weather in focus for soy, corn

Jul. 7, 2021 at 5:05 pm CDT

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have seen some wide price moves over the first trading week of July, as a surprisingly bullish acreage report at the end of June was quickly superseded by the weather. “Right now it’s weather; the weather has trumped […]

By Phil Franz-Warkentin

U.S. grains: Soy futures rebound on declining crop condition

Jul. 7, 2021 at 4:54 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures rose on Wednesday, recouping a portion of heavy losses from a day earlier, as a lower-than-expected U.S. crop rating tempered hopes that rain will improve field conditions. Rains from Friday into next week will offer timely moisture for corn that […]

By Tom Polansek

Hot weather cuts into Canadian mustard crop

Jul. 6, 2021 at 8:28 pm CDT

MarketsFarm — Canada is looking at another small mustard crop in 2021, which should keep prices well supported for any unpriced crop, as recent heat stress cut into yields. “That was a very rough week,” said Walter Dyck, the Alberta-based general manager with Wisconsin mustard-processor Olds Products, on the late […]

By Phil Franz-Warkentin

Pulse weekly outlook: Saskatchewan crops fight off record heat

Jul. 6, 2021 at 8:16 pm CDT

MarketsFarm — The “heat dome” which enveloped Western Canada last week delivered a blow to Saskatchewan’s pulse crops. Thirty-four temperature records were shattered on Friday, including those at Regina, Prince Albert, Swift Current, Weyburn and Yorkton. Saskatoon and Lucky Lake, northeast of Swift Current, were the province’s hot spots that […]

By Adam Peleshaty