Insights and Stories on Weather

Jan. 10, 2022 at 4:11 pm CST

Chicago | Reuters — U.S. soybean and corn futures fell on Monday on forecasts calling for much-needed rains in dry areas of South America, along with long liquidation ahead of several key U.S. government reports due at mid-week, analysts said. Wheat futures firmed on short-covering and the unwinding of inter-market […]

By Julie Ingwersen

Jan. 7, 2022 at 9:43 pm CST

MarketsFarm — The frigid conditions which had enveloped the Prairie provinces in recent weeks is a sign La Niña has come again, according to a Kansas-based meteorologist. Since mid-December, the Prairies have been in a deep freeze beginning with temperatures at least 10 C below-normal. Since the holiday season, many […]

By Adam Peleshaty

Jan. 7, 2022 at 7:52 pm CST

MarketsFarm — There are two factors to consider when it comes to fertilizer. One is the cost as it’s to remain quite expensive at least through the first quarter of 2022, according to Chris Lawson, head of fertilizers for the CRU Group. The other is its availability, said Todd Lewis, […]

By Glen Hallick - MarketsFarm

Jan. 6, 2022 at 6:04 pm CST

MarketsFarm — As 2022 begins, feed grain markets in Alberta have been “status quo,” according to a grain buyer. “There’s a lot of grain that has been pre-contracted in terms of corn coming in from the United States,” said Brandon Motz of CorNine Commodities at Lacombe, Alta. “Lots of priority […]

By Adam Peleshaty

Jan. 6, 2022 at 5:47 pm CST

Chicago | Reuters — Chicago soybean futures dipped on Thursday as broad selling in financial markets countered weather concerns in South America that had pushed prices to a five-month high. Corn ended just above even, paring losses as private estimates of South American crops fell further due to hot, dry […]

By Christopher Walljasper