Weather News
Today’s precipitation
April 22, 2019
Data and maps from weather stations across the Prairies are available to Glacier FarmMedia members at the WeatherFarm website, where you can also sign up for a daily forecast email for your area. On the go? Get the WeatherFarm mobile app, available for iPhone and Android devices. To learn more about the […]
Parts of Prairies see more frost-free days
April 18, 2019
BANFF, Alta. — When Agriculture Canada scientist Yantai Gan came to Swift Current 20 years ago, he seeded his research plots in mid May. Now the seeding date has moved earlier to the last week of April and first week of May. Weather data from the last 50 years for that part of southwestern Saskatchewan […] Read more
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WP weather – April 18, 2019
April 18, 2019
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Near-normal monsoon expected in India
April 16, 2019
MarketsFarm — Monsoon rains in India are expected to be near normal in 2019, according to the first long-range forecast of the year from the India Meteorological Department. The southwest monsoon typically runs from June through September. It provides crucial moisture for the country’s agriculture sector, as it accounts for […]
Manitoba flood risk still low, despite U.S. storm
April 12, 2019
Two weeks of cool and dry weather in late March and early April have eased the flooding risk in southern Manitoba. However, an April 11 storm in North Dakota and Minnesota has thrown a small wrench into the flood forecast for Manitoba’s Red River Valley. Fifteen to 25 centimetres of snow fell on eastern North […] Read more
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Prairies can expect unexpected from El Nino this summer
April 12, 2019
MarketsFarm — The U.S. National Weather Service Climate Prediction Center on Thursday reported a 65 per cent chance of El Nino prevailing throughout 2019’s growing season. “A weak El Nino is likely to continue through the Northern Hemisphere summer 2019 (65 per cent chance) and possibly fall (50-55 per cent […]
Ag News
U.S. grains: Wheat down on strong production prospects; corn, soy also weak
April 22, 2019
New York | Reuters – Chicago wheat futures fell more than 1 percent to a one-month low on Monday, pressured by generally favorable U.S. crop conditions and expectations of abundant global supplies, traders said. Corn fell in sympathy with wheat and on outlooks for improved planting weather in parts of […]
Less canola, more wheat expected from Statistics Canada
April 22, 2019
Winnipeg | MarketsFarm – Canadian farmers will likely seed less canola and more spring wheat in 2019, but the extent of any acreage shifts remains to be seen as market participants await Statistics Canada’s first seeded area estimates of the year on April 24. Canola prices in Western Canada have […]
Thai CPF to acquire Canadian pork producer HyLife for $372 million
April 22, 2019
Bangkok | Reuters – Charoen Pokphand Foods Pcl (CPF), Thailand’s largest agriculture conglomerate, said on Monday it would acquire Canadian pork producer HyLife Investments for C$498 million ($372.7 million) to expand its North American business. The acquisition would make CPF a 50.1 percent owner of HyLife, with the remainder held […]
Canola futures much weaker
April 22, 2019
WINNIPEG – ICE Futures canola contracts finished much weaker on Monday hitting new contract lows, as trading resumed following the Easter long-weekend. The May contract lost C$6 to close at C$443.10 per tonne on Monday. The July contract fell C$5.80 to finish at C$451.40 per tonne. A Winnipeg-based trader said the commodity fund roll is […] Read more
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Canola hits new contract lows
April 18, 2019
Winnipeg – ICE Futures canola contracts fell to fresh contract lows on Thursday, retreating from earlier gains as the ongoing trade tensions with China had speculators on the sell side ahead of the long weekend. Markets will be closed on April 19 for Good Friday. While the path of least resistance was pointed lower for […] Read more
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CBOT Weekly: Bear market aching for bull news
April 17, 2019
WINNIPEG – The Chicago Board of Trade (CBOT) is currently a bear-market, according to broker Scott Capinegro of Barrington Commodity Brokers in Barrington, Ill. “It’s like the markets are saying ‘show me something, we’ll take anything,’ but the bears are winning,” said Capinegro, noting there has been almost no news to drive the market in […] Read more
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