Insights and Stories on Drought

Wheat trade hoping for big export year

Aug. 23, 2018 at 7:37 am CDT

CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from […]

Drought slashes EU wheat, export surplus to be cut

Aug. 10, 2018 at 4:57 pm CDT

By Gus Trompiz Michael Hogan Nigel Hunt

Drought cuts into Australian chickpea prospects

Aug. 3, 2018 at 11:08 am CDT

By MarketsFarm Team

Heatwave ravages European fields, sending wheat prices soaring

Aug. 2, 2018 at 10:22 am CDT

By Michael Hogan Polina Devitt Sybille De La Hamaide

German farmers seek 1 billion euros in drought aid

Jul. 30, 2018 at 6:56 pm CDT

By Michael Hogan

Drought’s effects linger on Prairies

Jul. 27, 2018 at 8:31 pm CDT

CNS Canada — After a dry growing season last year in Western Canada, effects of the drought are still evident with news that most livestock producers won’t be doing a second cut of hay. “Pastures and hay fields didn’t get the moisture that they needed to really recharge over that […]

By Ashley Robinson - MarketsFarm

U.S. grains: Wheat retreats after nearing six-week peak

Jul. 23, 2018 at 5:13 pm CDT

Chicago | Reuters — U.S. wheat futures pulled back on Monday after approaching a six-week high on concerns about dry weather eating into harvests in some of the world’s main exporting countries. Corn futures advanced for the sixth consecutive session to reach their highest prices in three weeks, while soybeans […]

By Tom Polansek

Beef, eggs, feed fatten Cargill’s profits

Jul. 12, 2018 at 7:37 pm CDT

Chicago | Reuters — Strong global demand for beef and animal feed fattened grain trader Cargill’s profits in fiscal year 2018, which were also boosted by trade tensions and South American weather woes, the company said on Thursday. For the full year, adjusted operating earnings reached $3.2 billion, up six […]

By P.J. Huffstutter Tom Polansek

Feed weekly outlook: Prairie market focused on weather

Jul. 5, 2018 at 4:35 pm CDT

CNS Canada — Western Canadian feed grain buyers aren’t concerned if they’ll have crops to buy at the end of the summer, but they are concerned what the quality of those crops will be. “At this point it’s a weather market. So we kind of wait and see as it […]

By Ashley Robinson - MarketsFarm

U.S. grains: Wheat rallies on dry weather fears

May. 25, 2018 at 8:11 pm CDT

Chicago | Reuters — U.S. wheat futures jumped more than two per cent on Friday and ended the week up nearly five per cent as worries about dry weather in key global production regions fueled short-covering and speculative buying. Soybeans advanced for the fifth time in six sessions on renewed […]

By Karl Plume

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