Insights and Stories on Drought

Jun. 7, 2021 at 6:57 pm CDT

Chicago | Reuters — U.S. corn and soybean futures ended mixed on Monday, with old-crop contracts easing on some profit taking while new-crop contracts rose on concerns that hot and dry conditions in key growing areas of the U.S. Midwest could threaten crops as they pass through key stages of […]

By Mark Weinraub

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

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

May. 27, 2021 at 7:37 pm CDT

Chicago | Reuters — U.S. corn futures surged more than six per cent on Thursday in a technical-buying and short-covering bounce from one-month lows and as strong demand for feed grains supported prices. Soybeans followed corn higher, rising for the first time in eight sessions after hitting the lowest point […]

By Karl Plume

May. 20, 2021 at 1:23 pm CDT

MarketsFarm — With most Prairie growers’ newly seeded crops already up against dry conditions, growers remain on the lookout for insects which further threaten the health of those seedlings. Considering the high prices of many crops this season, the potential damage would be more costly. John Gavloski, entomologist for Manitoba […]

By Adam Peleshaty