Insights and Stories on Flooding

Mar. 25, 2019 at 7:32 pm CDT

Chicago | Reuters — A blanket of heavy, wet snow covering most of North Dakota, the top U.S. wheat state, threatens to delay planting of spring wheat in another blow to a U.S. farm belt already facing billions of dollars in damage from flooding. Farmers from Missouri to South Dakota […]

By Julie Ingwersen

Mar. 25, 2019 at 7:14 pm CDT

Chicago | Reuters — Flooding and severe winter weather in the U.S. Midwest will reduce Archer Daniels Midland’s first-quarter operating profit by US$50 million to $60 million, the U.S. grains trader said on Monday. Record floods have devastated a wide swath of the farm belt across Iowa, Nebraska, South Dakota […]

By Reuters

Mar. 22, 2019 at 4:41 pm CDT

AccuWeather – Dubas Equipment in Nebraska shared this video of the careful efforts a tractor operator used with a front loader to save the life of a cow stuck in the mud after the state’s historic flooding. The video has since gone viral so Dubas has put together a “Nebraska […]

Mar. 22, 2019 at 1:26 pm CDT

Chicago | Reuters — A massive supply of grains has shielded the futures markets from the impact of flooding in the U.S. Midwest so far, with traders largely shrugging off this week’s reports of destroyed storage bins, swamped elevators and questions about if waters will recede in time for planting. […]

By Mark Weinraub

Mar. 21, 2019 at 8:05 pm CDT

Chicago | Reuters — U.S. corn futures jumped more than one per cent on Thursday to their highest level in 2-1/2 weeks as concerns about delayed planting in the western U.S. Midwest sparked buying and fund short-covering. Soybeans followed corn higher, although gains were restrained by lower-than-expected weekly export sales […]

By Karl Plume