Insights and Stories on Weather

Feb. 16, 2022 at 6:34 pm CST

MarketsFarm — The Prairie weather outlook for the rest of February is likely to remain below normal, according to Scott Kehler, chief scientist for Weatherlogics in Winnipeg. “[But] not as cold as it has been for most of the winter,” he added. Much of January and February have been highlighted […]

By Glen Hallick - MarketsFarm

Feb. 16, 2022 at 5:37 pm CST

Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop […]

By Mark Weinraub

Feb. 9, 2022 at 5:09 pm CST

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were […]

By Phil Franz-Warkentin

Feb. 7, 2022 at 8:07 pm CST

The federal and British Columbia governments’ response to last fall’s destructive flooding now includes what’s said to be the biggest farm disaster recovery package in the province’s history. Provincial Agriculture Minister Lana Popham and her federal counterpart Marie-Claude Bibeau on Monday announced cost-shared funding of $228 million for the Canada-B.C. […]

By Dave Bedard

Feb. 1, 2022 at 8:02 pm CST

Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rose more than two per cent on Tuesday, with most contract months setting life-of-contract highs on fund-driven buying and worries about a winter storm that could slow the transport of animals at a time of tight U.S. hog supplies, traders […]

By Julie Ingwersen