Insights and Stories on Weather

Feb. 28, 2023 at 6:18 pm CST

MarketsFarm — Canada’s Prairies are looking at normal temperatures over the next month to three months, according to Environment and Climate Change Canada (ECCC). The federal department on Tuesday issued its temperature and precipitation probabilistic forecasts, which also called for normal precipitation for most of the region. “The forecast is […]

By MarketsFarm

Feb. 24, 2023 at 9:10 pm CST

Nova Scotia farmers who didn’t qualify for federal disaster financial assistance (DFA) in the wake of Hurricane Fiona last September may be able to get in on a new provincial program instead. The province on Thursday announced $3 million for what it calls the Fiona Agriculture Response Gap Funding program, […]

By Dave Bedard

Feb. 6, 2023 at 6:10 pm CST

MarketsFarm — So far this winter grain movement in Canada has yet to incur few — if any — major problems that have stymied rail shipments, according to Mark Hemmes, president of Quorum Corp., which tracks rail movement in Canada. Canadian Pacific Railway and Canadian National Railway (CP, CN) have […]

By Glen Hallick - MarketsFarm

Feb. 1, 2023 at 8:13 pm CST

MarketsFarm — Argentina’s 2022-23 soybean crop is likely much smaller than official projections as high temperatures and a lack of moisture cut into yields, according to an update from the U.S. Department of Agriculture’s Buenos Aires attaché. The USDA post from the South American country pegged the soybean crop at […]

By MarketsFarm

Feb. 1, 2023 at 6:13 pm CST

MarketsFarm — Week-long rallies for grain futures on the Chicago Board of Trade (CBOT) were disrupted by the U.S. Federal Reserve’s latest key interest rate announcement on Wednesday. The Fed revealed it is raising its key interest rate by 25 basis points in its ongoing fight against inflation. While the […]

By Adam Peleshaty