Weather News
Farmers work against clock
September 19, 2019
Prairie farmers will be looking to make up for lost time in late September and early October as the challenges of getting this year’s crop safely into the bin begin to mount. Grain and oilseed growers across spent much of the past week drying themselves off and assessing the fallout following a widespread soaker that […] Read more
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Prairie producers dodge early frost bullet
September 19, 2019
Western Canadian farmers are breathing a collective sigh of relief after avoiding an early fall frost this year. Drew Lerner, president of World Weather Inc., was originally forecasting a normal to early frost, which would have been devastating for this year’s late-seeded crops. “We had some bouts of soft frosts and a couple of weak […] Read more
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Sask. takes brunt of hail damage
September 19, 2019
Hail claims on the Prairies are tracking similar to last year with Saskatchewan farmers reporting the most damage so far. However, there are still six weeks or so that could result in hail storms, leading Canadian Crop Hail Association president Rick Omelchenko to speculate that final numbers could be higher. More than 10,000 claims have […] Read more
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Ag News
Lower soy a drag on canola futures
September 20, 2019
WINNIPEG (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were weaker Friday, due to downward pressure from the Chicago soy complex. The complex dropped as United States President Donald Trump said China must do more than buy more U.S. farm goods to get a trade deal. He also stated an interim trade deal is now […] Read more
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Glencore joins grain merchants’ digital project
September 19, 2019
PARIS, (Reuters) – Glencore Agriculture Limited has joined a project launched last year by other global grain merchants to use new technologies to raise efficiency in trading operations. The initiative was announced last October by the so-called ABCD grain majors – Archer Daniels Midland, Bunge , Cargill and Louis Dreyfus Company. It was later joined by COFCO […] Read more
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Canola contracts lower with canola harvest
September 19, 2019
WINNIPEG, Sept. 19 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower Thursday, as a trader believes the movement late in the session was due to farmers selling off of their combines. However, there has remained little to influence bids very far either way. Moreso, since buyers have been able to stand pat, given […] Read more
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