Insights and Stories on Weather

Prairie Forecast: Summer trying to hang on

Sep. 7, 2023 at 2:39 pm CDT

The weather models seem to be in good agreement for this forecast period, with no strong storm systems expected to impact the Prairies, making for a fairly high-confidence forecast. This forecast period will start off with a generally west to southwesterly flow across the Prairies. A broad but weak area […]

Rest of September to be warmer than normal for Prairies

Sep. 6, 2023 at 6:04 pm CDT

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Poor crop ratings keep soy, corn supported

Sep. 6, 2023 at 5:40 pm CDT

By Phil Franz-Warkentin

U.S. grains: Soy futures jump as heat, dryness hurt crop more than expected

Sep. 6, 2023 at 4:29 pm CDT

By Tom Polansek

Panama Canal water levels at historic lows, restrictions to remain

Sep. 6, 2023 at 4:29 am CDT

By Elida Moreno

Pulse weekly outlook: Poor monsoon rains cut into India production

Sep. 5, 2023 at 6:35 pm CDT

MarketsFarm — Disappointing monsoon rains in India this year are expected to cut into the country’s pulse production, according to reports out of the country. Crop production in India is highly dependent on the monsoon rains that typically soak the country from June through September, but the moisture to date […]

By Phil Franz-Warkentin

Australian crop estimates adjusted slightly lower

Sep. 5, 2023 at 6:17 pm CDT

MarketsFarm — Total 2023-24 winter crop production in Australia, at an estimated 45.2 million tonnes, is expected to be 34 per cent off the record highs hit last year but slightly above the June forecast as upward revisions to canola and barley counter a downward revision to the wheat number, […]

By MarketsFarm

U.S. grains: Wheat up off three-month low as Australian crop declines

Sep. 5, 2023 at 6:01 pm CDT

Chicago | Reuters — Chicago Board of Trade wheat futures edged higher on Tuesday, after hitting a three-month low, amid short covering and concerns about dry weather threatening production in export hubs including Australia. Corn futures also rose, while the soybean market eased as traders awaited the start of U.S. […]

By Tom Polansek

U.S. grains: Soybeans end month up on crop stress

Aug. 31, 2023 at 4:43 pm CDT

Chicago | Reuters — Chicago soybeans fell for a third consecutive session on Thursday, but ended the month higher as recent export activity and fears that dry weather damaged crops lent support. Wheat ended lower after trading both sides of even, pressured by plentiful global supplies. Corn ended the day […]

By Christopher Walljasper

Orange juice prices near all-time high as storm hits Florida

Aug. 31, 2023 at 2:48 am CDT

New York | Reuters — Orange juice prices at the Intercontinental Exchange (ICE) rose more than three per cent on Wednesday, heading back toward an all-time high hit earlier this month, as storm Idalia slammed parts of main U.S. orange producer Florida. Contracts for frozen concentrated orange juice (FCOJ) at […]

By Marcelo Teixeira

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