Weather News
Pulse weekly outlook: India’s monsoons catch up, but crops still at risk
August 20, 2019
MarketsFarm — Heavy rains in recent weeks have brought India’s monsoon rainfall back to normal levels after a slow, dry start to the season, according to reports out of the country. However, flooding and uneven distribution of moisture could still hurt crop production. A normal monsoon is defined as 96-104 […]
Taber corn takes hail hit
August 19, 2019
Taber corn will make a full appearance at the southern Alberta town’s annual Cornfest Aug. 22-25 despite severe crop damage earlier this month from a hailstorm in the Taber and Barnwell regions. The Aug. 6 storm, with winds of more than 140 kilometres per hour, drove large hailstones that wiped out area crops including the […] Read more
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Today’s precipitation
August 19, 2019
Data 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 CoCoRaHS system […]
Prairie hail claims pass 10,000 for year
August 16, 2019
MarketsFarm — More than 10,000 claims for hail damage have been filed by Prairie farmers so far in 2019 with insurance companies belonging to the Canadian Crop Hail Association. Between July 27 and Aug. 6, hail on the Prairies saw farmers add 900 claims alone, according to a CCHA press […]
Weather extremes devastate yields: study
August 15, 2019
International researchers have more precisely measured how extreme weather events driven by a changing climate can devastate crop yields. Hot and cold temperature extremes, drought and heavy precipitation account for 18 to 43 percent of variations in global yields for maize, spring wheat, rice and soybeans. “Climate extremes such as heat waves or droughts can […] Read more
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Planning for weather continues to be farmers’ biggest wild card
August 8, 2019
OYEN, Alta. — It seems intuitive but weather rules everything on a grain farm. “Of all the things that might drive your yield, the weather is going to drive all of it. It is one of the things you can’t control so we plan everything around what you might expect to happen; then we pray […] Read more
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Ag News
ICE weekly outlook: Canola trade’s eyes on StatsCan report
August 21, 2019
MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million […]
U.S. grains: Soybeans up on yield uncertainty
August 21, 2019
Chicago | Reuters — U.S. soybean futures closed higher on Wednesday on technical buying and uncertainty about U.S. yield prospects, analysts said. Corn and wheat futures also firmed, steadying after the benchmark contracts for both grains dipped to three-month lows. Chicago Board of Trade November soybean futures settled up 4-3/4 […]
U.S. livestock: CME cattle rise on strong beef demand
August 21, 2019
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures closed higher on Wednesday for a third session as strong demand for beef ahead of the Labour Day holiday bolstered margins for meat packers, traders said. CME October live cattle futures ended up 0.225 cent at 100.225 cents/lb., and October […]
Canola futures up; awaits harvest results
August 21, 2019
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday, as bids lacked direction in choppy trading. One trader commented that lack has been common in the Chicago soy complex, European rapeseed and Malaysian palm oil as well. Another trader theorized Prairie farmers haven’t been selling their canola because the Canadian government […] Read more
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Canola futures up on mixed signals
August 21, 2019
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Tuesday, as bids lacked direction in choppy trading. One trader commented that lack has been common in the Chicago soy complex, European rapeseed and Malaysian palm oil as well. Another trader theorized Prairie farmers haven’t been selling their canola because the Canadian government […] Read more
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Canola futures drop; wheat down too
August 19, 2019
WINNIPEG, (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were lower on Monday, caught up in a slide in the Chicago soy complex. Also, European rapeseed and Malaysian palm oil lost ground, which further weighed on canola. After parts of the Prairies received rain over the weekend, the MarketsFarm forecast has called for warm temperatures […] Read more
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