Insights and Stories on Weather

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

May. 14, 2020 at 7:59 pm CDT

Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday as generally favourable U.S. Midwest crop weather bolstered expectations for large harvests, analysts said. “We just don’t have enough demand … to overcome the good growing conditions that are seen across the Midwest,” said Brian Hoops, president […]

By Julie Ingwersen

Apr. 9, 2020 at 2:27 pm CDT

The weather during the last half of March provided some optimism about a normal start to spring. Farmers across the Prairies were preparing equipment, taking delivery of seed and fertilizer and looking forward to getting out into the field. Then the weather in early April dropped significant amounts of rain […]

By Bruce Burnett

Apr. 8, 2020 at 7:47 pm CDT

MarketsFarm — The ICE Futures canola market moved lower during the week ended Wednesday, but activity was choppy as futures reacted to broad swings in global financial markets. While the looming growing season should be starting to garner some attention, the COVID-19 pandemic “has grabbed all of the headlines and […]

By Phil Franz-Warkentin

Apr. 6, 2020 at 12:44 pm CDT

The average value of farmland in Canada is continuing to rise faster than farmers’ ability to generate revenue from it, Farm Credit Canada’s latest Farmland Values Report suggests. The report, released Monday, shows the average value of Canadian farmland rose 5.2 per cent in 2019 over 2018, the smallest year-over-year […]

By Dave Bedard