Insights and Stories on Drought

Dec. 19, 2022 at 5:02 pm CST

Chicago | Reuters — Chicago Board of Trade grain and soybean futures slid on Monday after beneficial rains hit Argentina’s drought-stricken agricultural zone, analysts said. Argentina is the world’s leading exporter of processed soy, but its usually green Pampas plains have been hit by a historic drought that is preventing […]

By Tom Polansek

Dec. 15, 2022 at 3:52 pm CST

MarketsFarm — Prices for feed barley and wheat are coming down on the Prairies, said Susanne Leclerc of Market Master Ltd. in Edmonton — and a big part of that trend is the lack of demand for either commodity. “Buyers are fairly well covered. There seems to be a lack […]

By Glen Hallick - MarketsFarm

Dec. 14, 2022 at 7:38 pm CST

MarketsFarm — The U.S. Department of Agriculture’s world agricultural supply and demand estimates (WASDE) report last week is taking a back seat to drought concerns in South America, according to a Chicago grains analyst. Terry Reilly from Futures International said Friday’s WASDE report had very little effect on the Chicago […]

By Adam Peleshaty

Dec. 13, 2022 at 6:27 pm CST

Los Angeles | Reuters — A NASA-led international satellite mission was set for blastoff from southern California early on Thursday on a major Earth science project to conduct a comprehensive survey of the world’s oceans, lakes and rivers for the first time. Dubbed SWOT, short for Surface Water and Ocean […]

By Steve Gorman

Dec. 1, 2022 at 6:44 pm CST

MarketsFarm — An ‘average’ winter is in the forecast for most of the Canadian Prairies, according to the latest long-range seasonal forecast for December through February from Environment Canada, released Wednesday. The government department is calling for normal temperatures across all the agricultural areas of the three Prairie provinces — […]

By MarketsFarm