Insights and Stories on Drought

Mar. 8, 2018 at 4:02 pm CST

CNS Canada — After a winter spent waiting for snow, farmers across the southern Prairies were happy when the forecast was right and Western Canada received a late winter snowstorm. “We’ve heard moisture’s coming before and it doesn’t show up or it goes around us. So when it started snowing […]

Mar. 6, 2018 at 5:36 pm CST

Chicago | Reuters — U.S. winter wheat futures fell on Tuesday as crop conditions stabilized in the dry Plains growing region and buying interest waned following a surge that brought prices to an eight-week high last week, traders said. Chicago Board of Trade May wheat futures eased 2-1/4 cents to […]

By Michael Hirtzer

Feb. 28, 2018 at 4:37 pm CST

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures jumped 3.3 per cent on Wednesday to their highest level in more than seven months, breaking through key technical barriers on support from concerns about crop development in the U.S. Plains, traders said. The gains in the […]

By Mark Weinraub

Feb. 28, 2018 at 2:54 pm CST

CNS Canada — As February ends, attention is shifting from South America to the U.S. for traders at the Chicago Board of Trade. “We’re about to flip the calendar into March, when people start paying more attention to the conditions in the U.S.,” said Rich Feltes of RJ O’Brien in […]

By Ashley Robinson - MarketsFarm

Feb. 23, 2018 at 4:52 pm CST

Chicago | Reuters — U.S. soybean futures neared a one-year high on Friday as concerns mounted about crop losses from a searing drought in Argentina, the world’s biggest exporter of soymeal and soyoil. Argentina, which is also the world’s No. 3 supplier of soybeans and corn, has been grappling with […]

By Tom Polansek