Insights and Stories on Weather

Sep. 10, 2020 at 1:58 pm CDT

Reuters — La Nina conditions were present in August, and have a 75 per cent chance of continuing through the Northern Hemisphere winter of 2020-21, a U.S. government weather forecaster said on Thursday. The La Nina pattern is characterized by unusually cold temperatures in the equatorial Pacific Ocean. A borderline […]

By Reuters

Sep. 9, 2020 at 6:25 pm CDT

MarketsFarm — Although there remains a lot of canola to be combined, one trader believes most harvest pressure on the market has already passed. “The farmers who wanted to sell off of the combine or shortly after, probably have done so already,” said Jerry Klassen, an independent Winnipeg commodities trader. […]

By Glen Hallick - MarketsFarm

Aug. 20, 2020 at 6:43 pm CDT

MarketsFarm — Feed prices in Alberta took something of a tumble this week, Allen Pirness of Market Place Commodities in Lethbridge reported. Feed prices in Manitoba and Saskatchewan, meanwhile, were steady. “Six weeks ago we were seeing harvest, at best, at the end of August. With the heat wave that’s […]

By Glen Hallick - MarketsFarm

Aug. 5, 2020 at 6:56 pm CDT

MarketsFarm — Good U.S. Midwestern weather should keep the bias to the downside in corn and soybean contracts at the Chicago Board of Trade over the next few weeks, according to an analyst. Corn hit fresh contract lows on Tuesday before showing some recovery Wednesday, but “it’s not looking like […]

By Phil Franz-Warkentin

Jul. 31, 2020 at 12:13 pm CDT

MarketsFarm – Crops throughout Saskatchewan rated as being in fair to good condition, according to the latest weekly crop report from Saskatchewan Agriculture. As of July 27, spring cereals, canola, field peas and soybeans were said to be in fair to excellent. The report said winter wheat and fall rye […]

By MarketsFarm Team