Insights and Stories on Forecasts

‘Normal’ spring ahead for most of the Prairies

Feb. 28, 2023 at 6:18 pm CST

MarketsFarm — Canada’s Prairies are looking at normal temperatures over the next month to three months, according to Environment and Climate Change Canada (ECCC). The federal department on Tuesday issued its temperature and precipitation probabilistic forecasts, which also called for normal precipitation for most of the region. “The forecast is […]

NASA to conduct first global water survey from space

Dec. 13, 2022 at 6:27 pm CST

By Steve Gorman

CBOT weekly outlook: Weather the key for soybeans, corn

Jul. 15, 2020 at 5:55 pm CDT

By Phil Franz-Warkentin

CBOT weekly outlook: Harvest activity drops commodities

Oct. 23, 2019 at 5:12 pm CDT

By Marlo Glass – MarketsFarm

U.S. grains: Wheat, corn, soy rally after finding technical support

Oct. 8, 2019 at 5:13 pm CDT

By Mark Weinraub

Exterior of the Chicago Board of Trade building.

CBOT weekly outlook: Corn, soybeans retreat off highs

Oct. 2, 2019 at 2:46 pm CDT

MarketsFarm — Soybean and corn prices on the Chicago Board of Trade have backed off of highs hit earlier in the week. That’s due mainly to harvest activity putting pressure on prices, according to Steve Georgy, president of Allendale Inc. at McHenry, Illinois. Corn crops across the U.S. are currently […]

By Marlo Glass – MarketsFarm

U.S. grains: Corn extends slide on crop prospects

Sep. 4, 2019 at 7:56 pm CDT

Chicago | Reuters –– Chicago corn futures fell for a third straight session on Wednesday, setting life-of-contract lows as improving crop ratings and benign weather forecasts raised confidence in U.S. harvest prospects, traders said. Wheat rose, with benchmark Chicago wheat rebounding from a three-month low set a day earlier and […]

By Julie Ingwersen

StatsCan confirms smaller canola crop

Aug. 28, 2019 at 11:27 am CDT

MarketsFarm — Statistics Canada’s first production estimates for the 2019-20 crop, released Wednesday, were generally in line with expectations, although upward revisions are likely in subsequent reports. The agency’s production of principal field crops report was “bang on with expectations across the board,” according to Ken Ball of PI Financial […]

By Phil Franz-Warkentin

U.S. shutdown sends grain traders, farmers hunting for data

Jan. 11, 2019 at 3:14 pm CST

Chicago | Reuters — When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown, the phones at crop forecaster Gro Intelligence blew up. The USDA was set to release its views on the projected size […]

By P.J. Huffstutter Tom Polansek

U.S. delays key agriculture reports due to government shutdown

Jan. 4, 2019 at 3:28 pm CST

Chicago | Reuters — The U.S. Department of Agriculture (USDA) delayed several major domestic and world crop reports because of the two-week-old partial government shutdown, the agency said on Friday. New release dates for the monthly world agricultural supply and demand estimates (WASDE) report and other data originally scheduled for […]