Insights and Stories on Rain

ICE weekly outlook: Rain needed to bolster canola crop

May. 12, 2021 at 6:02 pm CDT

MarketsFarm | Rain — specifically, the lack thereof — is quickly becoming the key issue for canola values, according to Ken Ball of PI Financial in Winnipeg. Until now, dry conditions across much of the Prairies have not been much a factor in canola prices, he said. “We’ve got to […]

‘Extreme drought’ expands in Prairies

May. 10, 2021 at 5:41 pm CDT

By Adam Peleshaty

Klassen: Cattle producers facing drought-like conditions

May. 3, 2021 at 9:16 pm CDT

By Jerry Klassen

U.S. grains: Soybeans fall, pressured by fund selling

Jan. 20, 2021 at 5:51 pm CST

By Christopher Walljasper

U.S. grains: Soybeans sink on South American rains, slowing demand

Dec. 8, 2020 at 5:41 pm CST

By Karl Plume

CBOT weekly outlook: Markets could go higher after U.S. Thanksgiving

Nov. 25, 2020 at 4:57 pm CST

MarketsFarm — Just ahead of the Thanksgiving holiday in the United States, the Chicago Board of Trade was pulling back a little, generating double-digit losses in most wheat contracts, while corn and soybeans were down by smaller amounts. However, from Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., […]

By Glen Hallick - MarketsFarm

High food prices hurting India’s poor

Nov. 15, 2020 at 5:46 pm CST

New Delhi | Reuters — India’s retail inflation may stay elevated for at least three more months after hitting a six-year high in October, as excess rain has damaged standing crops and seedlings, while edible oils that the country imports have become expensive. The high prices are a particular cause […]

By Aftab Ahmed rajendra-jadhav

U.S. grains: Corn, wheat hit two-week lows on COVID-19 fears

Oct. 29, 2020 at 4:23 pm CDT

Chicago | Reuters — U.S. grain futures extended losses on Thursday, with corn and wheat hitting two-week lows as concerns over the COVID-19 pandemic’s economic impact weighed on prices. Improving global crop weather added pressure on prices, with rains benefiting dry wheat-growing areas in the U.S. and Russia and soybean-producing […]

By Tom Polansek

U.S. grains: Crop prices slide as pandemic concerns rattle markets

Oct. 28, 2020 at 8:10 pm CDT

Chicago | Reuters — U.S. grain and soybean futures fell on Wednesday as part of a broad sell-off in markets fueled by concerns about the economic impact of a global surge in COVID-19 cases, traders said. Losses in agricultural futures pulled corn prices back from a 14-month high reached on […]

By Christopher Walljasper Tom Polansek

U.S. grains: Crop expectations spark sell-off in corn, soy futures

Aug. 4, 2020 at 7:26 pm CDT

Chicago | Reuters –– U.S. corn and soybean futures posted sharp declines on Tuesday, with the market focused on expectations for bumper yields across the U.S. Midwest this fall due to forecasts for rain in key growing areas, traders said. On a continuous basis, corn futures dropped to their lowest […]

By Mark Weinraub

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