Insights and Stories on Weather

U.S. grains: Corn limit down as crop weather improves

Jul. 6, 2021 at 7:57 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures sank by the daily limit on Tuesday as forecasts for cooler, wetter U.S. weather eased concerns about unfavourable crop conditions. Prices pulled back after climbing 12 per cent last week on lower-than-anticipated U.S. plantings estimates from the Department of Agriculture. […]

B.C. presses for ranchers to register before wildfires hit

Jul. 3, 2021 at 5:22 am CDT

By Dave Bedard

Western Canada lightning strikes up tenfold, stoking fires

Jul. 2, 2021 at 8:13 pm CDT

By Moira Warburton

Big ag goes headhunting for carbon offsets

Jul. 1, 2021 at 11:51 pm CDT

By Geralyn Wichers

U.S. grains: Soybeans, wheat fall

Jul. 1, 2021 at 7:39 pm CDT

By Mark Weinraub

ICE weekly outlook: Volatility to come for canola market

Jun. 30, 2021 at 5:38 pm CDT

MarketsFarm — Record-breaking temperatures in British Columbia, lingering extreme heat in the Prairie provinces and little to no precipitation have strengthened an ongoing rally in the ICE Futures canola market. One trader, however, warns that canola contracts may be in for a mercurial few weeks. “We’re clearly in a weather […]

By Adam Peleshaty

Prolonged heat wave breaks Canadian temperature records

Jun. 28, 2021 at 9:33 pm CDT

MarketsFarm — An extreme heat wave affecting all four western provinces, the shores of the Mackenzie River in the Northwest Territories as well as Watson Lake, Yukon, is expected to persist for a week. The “heat dome,” a high-pressure system trapping warmer air, has affected British Columbia the most. The […]

By Adam Peleshaty

EU countries approve deal to overhaul farming subsidies

Jun. 28, 2021 at 5:46 pm CDT

Brussels | Reuters — European Union countries on Monday gave the green light to reforms of the bloc’s huge farming subsidy program, after a three-year battle over rules to make it greener and support smaller farms. Negotiators representing the EU’s 27 countries and European Parliament struck the deal on Friday […]

By Kate Abnett

U.S. grains: CBOT corn, soy, wheat rally as hot forecasts trump rains

Jun. 28, 2021 at 5:27 pm CDT

Chicago | Reuters — Chicago Board of Trade corn, soybeans and wheat rallied on Monday, with traders focused on forecasts for heat in the western U.S. Midwest that will quickly dry out soils in major production areas. “The forward forecasts have the heat that is presently over the Pacific Northwest […]

By Mark Weinraub

Prairie cash wheat: Drought sends bids higher

Jun. 25, 2021 at 8:58 pm CDT

MarketsFarm — Mounting drought concerns in the spring wheat-growing regions of Canada and the U.S. saw Prairie cash bids post solid gains during the week ended Thursday. Average CWRS (13.5 per cent) wheat prices were up by $18-$21 per tonne, according to price quotes from a cross-section of delivery points […]

By Phil Franz-Warkentin