Insights and Stories on Weather

Drought conditions improve in May for some of Prairies, not all

Jun. 9, 2021 at 5:54 pm CDT

MarketsFarm — Significant precipitation through May relieved drought conditions across parts of the Prairies, while other areas remained significantly dry, according to the latest assessment from the Canadian Drought Monitor as of May 31. This precipitation improved soil moisture conditions for the short-term, decreasing the area of moderate (D1) and […]

U.S. grains: Soybean futures fall, corn firm ahead of USDA report

Jun. 9, 2021 at 5:23 pm CDT

By Mark Weinraub

Pulse weekly outlook: Manitoba crops emerge despite dry soils

Jun. 8, 2021 at 7:49 pm CDT

By Adam Peleshaty

U.S. grains: Midwest forecast supports gains in soy, corn

Jun. 8, 2021 at 7:31 pm CDT

By Mark Weinraub

U.S. grains: Corn, soybeans mixed as traders eye weather

Jun. 7, 2021 at 6:57 pm CDT

By Mark Weinraub

Feds launch consultations on next ag policy framework

Jun. 7, 2021 at 2:40 am CDT

Consultations for Canada’s next agricultural policy framework are officially underway. The five-year framework agreement currently in place, known as the Canadian Agricultural Partnership (CAP), is a $3 billion funding deal between federal, provincial and territorial governments that funds a wide range of programming within the sector. That deal, agreed upon […]

By D.C. Fraser

U.S. grains: Weather risk adds premium to corn, soy, wheat

Jun. 4, 2021 at 3:25 pm CDT

Chicago | Reuters — Chicago corn, soybean and wheat futures gained on Friday as hot, dry conditions in parts of the U.S. Midwest threatened yield potential at a time of tight global supply. The most-active corn contract on the Chicago Board of Trade (CBOT) ended 20-3/4 cents higher at $6.82-3/4 […]

By Christopher Walljasper

CBOT weekly outlook: Higher spring wheat all about dry North Dakota

Jun. 2, 2021 at 6:23 pm CDT

MarketsFarm — As heat and dryness prevail across North Dakota, prices for Minneapolis (MGEX) spring wheat will continue to rise, according to broker Ryan Ettner of Allendale Inc. at McHenry, Ill. Ettner pointed to the weekly crop progress report from the U.S. Department of Agriculture that showed the condition of […]

By Glen Hallick - MarketsFarm

U.S. grains: Corn futures drop on crop ratings

Jun. 2, 2021 at 4:32 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures dropped 2.8 per cent on Wednesday, pressured by a government report that showed the condition of the U.S. crop was better than expected, traders said. Wheat futures were mixed, with contracts that track U.S. winter wheat falling while spring wheat […]

By Mark Weinraub

U.S. grains: Hot, dry weather view sparks rallies

Jun. 1, 2021 at 4:16 pm CDT

Chicago | Reuters — U.S. corn, soybean and wheat futures rallied on Tuesday, supported by concerns that crops will face stress from adverse weather during the next few weeks. “The grains exploded out of the gates last night and remain double-digits higher… as forecasts turn hot and dry through mid-month,” […]

By Mark Weinraub