Insights and Stories on Weather

Exterior of the Chicago Board of Trade building.

CBOT weekly update: U.S. Fed decision one of many factors

Jul. 26, 2023 at 4:41 pm CDT

Marketsfarm – The decision by the United States Federal Reserve on July 26 to raise its key interest rates mostly served as a distraction on the Chicago Board of Trade (CBOT) from other events affecting grain futures. The central bank continued its efforts to wrangle inflation by pushing interest rates […]

Updated prairie forecast: unsettled start as sub-arctic high builds in

Jul. 26, 2023 at 3:24 pm CDT

By Daniel Bezte

At Ag in Motion: Significant Prairie yield drop expected

Jul. 20, 2023 at 1:50 pm CDT

By Sean Pratt

Weather Brief: In Prairie crops, results may vary

Jul. 20, 2023 at 10:15 am CDT

Prairie Forecast: Summer heat to build back in

Jul. 19, 2023 at 8:31 pm CDT

By Daniel Bezte

ICE weekly outlook: C$900 per tonne in reach for canola

Jul. 19, 2023 at 4:48 pm CDT

MarketsFarm – Sporadic rainfall across the Prairies has not been enough to stop canola’s upward momentum during the week ended July 19, while a pair of other factors are fueling the oilseed’s rise. The November canola contract went from settling below the C$800 per tonne mark (C$797.50/tonne) on July 12 […]

By Adam Peleshaty

At Ag in Motion: Exhibitors ready after rainy first day

Jul. 19, 2023 at 4:41 pm CDT

The sun is shining, exhibitors are ready and the grounds are prepared for a traditionally-busy second day of the Ag in Motion show near Langham, Sask. Opening day saw the clouds roll in and the skies open up, but few were complaining about the much-needed moisture that rolled through much […]

By Alex McCuaig

At Ag in Motion: Soybean proponents still eye western expansion

Jul. 19, 2023 at 4:24 pm CDT

While canola is king of the Canadian oilseed market, the same can be said of soybeans in the United States. However, the big pulse crop south of the border has made inroads in the western provinces. Manitoba has seen the biggest growth in soybean acres with well over a million […]

By Alex McCuaig

CBOT weekly update: Dry conditions, war propel prices upward

Jul. 19, 2023 at 4:09 pm CDT

MarketsFarm – Prices on the Chicago Board of Trade continued to rally on July 19, and to Scott Capinegro of Barrington Commodity Brokers of Barrington, Ill., they appeared set to push higher. Capinegro pointed to the hot and dry weather across much of the United States as the main reason […]

By Glen Hallick - MarketsFarm

Flax production to drop with fewer acres, dry conditions

Jul. 18, 2023 at 6:03 pm CDT

MarketsFarm — As with other crops on the Canadian Prairies, flax has been struggling with the hot and dry conditions across the region. That said, Scott Shiels of Grain Millers Canada at Yorkton, Sask. noted there’s very little doubt when it comes to flax prices increasing during the course of […]