Insights and Stories on Rainfall

ICE weekly outlook: Swings ahead for canola

May. 26, 2021 at 7:59 pm CDT

MarketsFarm — If anything is certain for canola values, it’s that they are going to be swingy for the next while, according to Ken Ball of PI Financial in Winnipeg. Canola bids, especially new-crop, have been on the downswing lately, largely due to precipitation the Prairies recently received. While the […]

CBOT weekly outlook: Soy, corn watching weather

May. 26, 2021 at 7:33 pm CDT

By Phil Franz-Warkentin

U.S. grains: Corn sinks to one-month low on weather, technical selling

May. 25, 2021 at 7:00 pm CDT

By Karl Plume

Klassen: Feeder market heating up

May. 24, 2021 at 8:50 pm CDT

By Jerry Klassen

U.S. grains: Soybeans dive to biggest weekly loss in 6-1/2 years

Jan. 22, 2021 at 5:45 pm CST

By Christopher Walljasper

U.S. grains: Soybeans fall on South American rainfall

Jan. 19, 2021 at 5:52 pm CST

Chicago | Reuters — Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said. Corn followed soybeans lower, but was supported by strong export demand and possible export limits in Ukraine. Wheat futures fell slightly, but were bolstered […]

By Christopher Walljasper

U.S. grains: Futures slip on South American rains

Jan. 11, 2021 at 8:00 pm CST

Chicago | Reuters — U.S. soybean futures slipped from 6-1/2-year highs on Monday on crop-boosting rains in South America and as investors squared positions ahead of eagerly awaited U.S. government crop forecast data due on Tuesday. Corn and wheat futures also pulled back from multi-year peaks posted last week as […]

By Karl Plume

U.S. grains: Soy futures sag on improving Brazil weather

Dec. 2, 2020 at 4:48 pm CST

Chicago | Reuters — U.S. soybean futures dipped to a 2-1/2 week low on Wednesday as forecasts for much-needed rains in portions of Brazil’s crop area prompted a round of long liquidation and profit-taking, traders said. Wheat futures rose, rebounding on bargain buying a day after the benchmark Chicago Board […]

By Julie Ingwersen

Prairies can expect far better harvest weather this fall

Sep. 18, 2020 at 6:23 pm CDT

MarketsFarm — Prairie farmers are likely going have good weather over the next few weeks, according to Scott Kehler of Weatherlogics. “We got a pretty significant warm-up across most of the Prairies through to the end of September. It should be fairly warm and not too much in the way […]

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Rain needed across U.S. Midwest

Aug. 19, 2020 at 8:03 pm CDT

MarketsFarm — Dry conditions across the U.S. Midwest were among the factors that could affect commodity prices on the Chicago Board of Trade (CBOT) if rain doesn’t come soon, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Dry conditions in the region could lead to price increases for […]