Insights and Stories on Weather

Jun. 24, 2020 at 11:01 pm CDT

MarketsFarm — Canola contracts have stayed locked in a pattern for the past few trading sessions, with the July contract posting small gains and new crop year contracts showing losses. That’s mainly due to traders positioning ahead of July’s expiry date. “It’s not uncommon for the July expiry to see […]

By Marlo Glass – MarketsFarm

Jun. 24, 2020 at 8:31 pm CDT

Chicago | Reuters — U.S. soybean futures eased for a third straight session on Wednesday and corn futures were mostly lower as forecasts for rains and limited crop-stressing heat across the Midwest farm belt bolstered production prospects. Weak outside markets also hung over grain futures, with equities and crude oil […]

By Karl Plume

Jun. 22, 2020 at 4:32 pm CDT

Chicago | Reuters — U.S. corn futures declined for the first time in four sessions on Monday as warm weather and scattered rains across a large swath of the Midwest farm belt bolstered development of the recently planted crop. Soybeans were mostly lower as favourable U.S. weather outweighed support from […]

By Karl Plume

Jun. 17, 2020 at 7:16 pm CDT

MarketsFarm — The direction canola will move in coming weeks depends on three factors: the Canadian dollar, Prairie weather and the Chicago Board of Trade, according to Errol Anderson of ProMarket Communications in Calgary. “I’m expecting the Canadian dollar to move up a bit, just because of U.S. dollar pressure. […]

By Glen Hallick - MarketsFarm

Jun. 3, 2020 at 7:31 pm CDT

MarketsFarm — Over the last few weeks, soybean and corn prices on the Chicago Board of Trade (CBOT) have stabilized, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. “And that’s a good thing. Where this goes from here is still anybody’s guess,” he said. Noting that the crops […]

By Glen Hallick - MarketsFarm