Insights and Stories on Drought

Drought cuts into Australian chickpea prospects

Aug. 3, 2018 at 11:08 am CDT

CNS Canada – Expectations for Australia’s chickpea crop have been drastically cut to one-third of last year’s production. The dry growing season will limit the crop’s potential this year to about 300,000 tonnes, according to a report from Pulse Australia. Nick Goddard, chief executive officer of Pulse Australia, told a […]

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

By Ashley Robinson - MarketsFarm

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

Jul. 23, 2018 at 5:13 pm CDT

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

Feed weekly outlook: Barley prices hang tight, await new crop

May. 24, 2018 at 7:49 pm CDT

CNS Canada — The thought of sizzling days near the end of May 2017 is helping keep feed barley prices in Western Canada well supported, according to a market-watcher. “There is that memory of last year’s drought and seeing temperatures in the high 20s and 30s at the end of […]

By Dave Sims

U.S. grains: Wheat hits 10-month high on weather, turns lower

May. 24, 2018 at 7:22 pm CDT

Chicago | Reuters — U.S. wheat futures eased from 10-month peaks on Thursday as profit-taking eroded early gains stemming from dry weather in the U.S. Plains and other major growing areas around the world. Soybeans slipped from three-week highs as hedge-related selling offset earlier support from signs of renewed export […]