Insights and Stories on Weather

Sep. 10, 2021 at 7:59 pm CDT

MarketsFarm — Much of Western Canada remained in some state of drought at the end of August despite widespread rains late in the month, according to updated maps compiled by Agriculture and Agri-Food Canada. The area mapped out as dealing with ‘exceptional drought’ in south-central Manitoba’s agricultural regions contracted slightly […]

By Phil Franz-Warkentin

Sep. 9, 2021 at 7:20 pm CDT

MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder […]

By Glen Hallick - MarketsFarm

Sep. 9, 2021 at 6:32 pm CDT

Chicago | Reuters — U.S. corn futures fell to their lowest in 7-1/2 months on Thursday, under pressure from expectations that the U.S. government will raise its domestic production forecast, traders said. Wheat futures sank 2.4 per cent to their lowest in more than a month on follow-through technical selling […]

By Mark Weinraub

Sep. 8, 2021 at 7:36 pm CDT

MarketsFarm — Canola contracts on the ICE Futures platform drifted lower during the week ended Wednesday, although the market remains stuck in a sideways trading pattern overall as participants try to get a better handle on the size of this year’s crop. An upcoming supply/demand report from the U.S. Department […]

By Phil Franz-Warkentin

Sep. 8, 2021 at 7:19 pm CDT

MarketsFarm — With the U.S. Department of Agriculture (USDA) set to issue its monthly supply and demand estimates (WASDE) on Friday, a broker said it will be a “tricky report.” That’s because of the impact Hurricane Ida had on the U.S. transportation system, according to Scott Capinegro of Barrington Commodities […]

By Glen Hallick - MarketsFarm