Insights and Stories on Weather

Aug. 24, 2023 at 6:03 pm CDT

Chicago | Reuters — Chicago soybean futures firmed for a second straight session on Thursday, supported by strong exports and supply uncertainty as hot, dry weather cast uncertainty over U.S. prospects. Corn inched down as the market assessed results from this week’s Pro Farmer crop tour. Wheat eased as traders […]

By Christopher Walljasper

Aug. 24, 2023 at 5:59 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures firmed on Thursday, supported by concerns about heat stress in the U.S. Plains, as well as optimism in the cash cattle market, analysts said. “The cash outlook seems pretty firm,” said Doug Houghton, technical analyst at Brock Capital Management. ” […]

By Christopher Walljasper

Aug. 23, 2023 at 12:00 pm CDT

Once again, the weather models are in good agreement so confidence in this forecast is fairly high. The only possible issue is that the different weather systems are rather weak which means timing of the systems can change easily. This forecast period starts off with two weak areas of low […]

By Daniel Bezte

Aug. 22, 2023 at 8:25 pm CDT

Panama City | Reuters — A backlog of vessels waiting to pass the Panama Canal due to drought-related restrictions has eased in recent days after the waterway’s authority authorized more non-booked ships to pass and as others are choosing alternate routes to avoid the delays. The Panama Canal Authority last […]

By Elida Moreno, Marianna Parraga

Aug. 22, 2023 at 5:15 pm CDT

Chicago | Reuters — Chicago Mercantile Exchange live cattle futures eased on Tuesday after two sessions higher, as traders watch to see the impact of sweltering temperatures on slaughter-ready cattle, analysts said. “The heat does hurt the weights. That’s been an issue for a lot of the south, for a […]

By Christopher Walljasper