Insights and Stories on Drought

Jun. 18, 2021 at 8:20 pm CDT

[UPDATED: June 22, 2021] MarketsFarm — Western Canada’s canola crop has been hit hard by hot, dry weather so far this growing season in the midst of ongoing drought conditions — which may also be aiding another threat. *Across the Prairies, flea beetles are an oft-seen pest that feeds on […]

By Adam Peleshaty

Jun. 16, 2021 at 6:53 pm CDT

MarketsFarm — Wet weather on the Prairies and U.S. northern Plains has brought downward pressure on ICE Futures canola prices, taking the market off the contract highs hit in early June. Losses in palm oil and soyoil were also bearish. While precipitation, or the potential of it falling over canola-growing […]

By Adam Peleshaty

Jun. 16, 2021 at 6:41 pm CDT

MarketsFarm — The weather is just one of the factors guiding futures values at the Chicago Board of Trade (CBOT), according to Terry Reilly, grains analyst for Futures International in Chicago. As prices have fluctuated with hot and dry weather interrupted by rain, Reilly noted there’s more to the ebbs […]

By Glen Hallick - MarketsFarm

Jun. 15, 2021 at 4:04 pm CDT

MarketsFarm — As with crops across the Prairies, pulses in Saskatchewan got a much timely shot in the arm with recent rainfall, according to Carl Potts, executive director of Saskatchewan Pulse Growers. “I think pulse crops have benefitted from the rains we’ve had over the last two or three weeks […]

By Glen Hallick - MarketsFarm

Jun. 14, 2021 at 6:24 pm CDT

Chicago | Reuters — U.S. corn futures fell by almost four per cent on Monday on forecasts for improving crop weather in the Midwest, including cooler temperatures and beneficial rains late this week, analysts said. Soybeans fell more than two per cent and wheat followed the weaker trend as the […]

By Julie Ingwersen