Insights and Stories on Weather

Jul. 21, 2022 at 2:25 pm CDT

MarketsFarm — ICE Futures canola contracts were seeing choppy activity in mid-July but were under pressure overall, closing at their weakest levels in six months on Wednesday. Relatively favourable Prairie weather, speculative long-liquidation, and pressure from outside markets all weighed on values with more losses likely if no weather concerns […]

By Phil Franz-Warkentin

Jul. 21, 2022 at 10:59 am CDT

MarketsFarm — As soybeans and corn trend downward on the Chicago Board of Trade, wheat is poised to climb higher, according to Andrew Mages, analyst with Progressive Ag at Fargo, N.D. The weather outlook has called for scattered showers over the next couple of weeks, which will impact crops in […]

By Glen Hallick - MarketsFarm

Jul. 21, 2022 at 10:08 am CDT

Chicago | Reuters — U.S. soybean and corn futures fell on Wednesday on forecasts for improving weather in the Midwest, including rains next week that should boost crop production prospects, analysts said. Wheat futures rose as traders awaited the outcome of Egyptian wheat purchase negotiations, as well as talks on […]

By Julie Ingwersen

Jul. 19, 2022 at 8:25 pm CDT

Chicago | Reuters — Scorching temperatures in the southern U.S. Plains are stressing cattle as well as crops such as cotton, corn and soybeans, meteorologists and traders said on Tuesday. Temperatures were forecast to reach 111 F (44 C) in parts of the Texas Panhandle, a core area for cotton […]

By Ashitha Shivaprasad, Julie Ingwersen

Jul. 19, 2022 at 8:11 pm CDT

Kampala | Reuters — More than 200 people have died from hunger this month in northeastern Uganda, where a prolonged drought and rampant insecurity have left more than half a million facing starvation, a local official and a charity worker said. Inhabited by nomadic pastoralists, the semi-arid and remote Karamoja […]

By Reuters