Weather News
Today’s precipitation
February 15, 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 […]
Oh, snap
February 14, 2019
The Polar Vortex pays a visit The polar vortex is an area of cold air with low amospheric pressure in the Arctic. It exists year-round, its winds swirling counterclockwise and inward towards the North Pole. The polar vortex is constrained by the polar jet stream, a narrow, fast-flowing current of air in our upper atmosphere […] Read more
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Australian flooding hits cattle herds, fertilizer output
February 14, 2019
SYDNEY (Reuters) – Australia’s largest fertilizer maker and its biggest listed cattle farmer this week warned investors of sizeable losses stemming from floods that engulfed parts of Queensland state, as receding water began to reveal the scale of damage. Flooding rain raked the Queensland coast at Townsville last week, before sweeping inland and submerging vast […] Read more
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Feed weekly outlook: Markets steady amid cold Alberta weather
February 14, 2019
Excessively cold temperatures in Alberta may be causing headaches for both feed grain buyers and sellers, but prices remain relatively steady for what’s moving. The cold weather hasn’t really led to a significant increase in demand, but “it’s definitely made the farmer grumpy,” said Brandon Motz of CorNine Commodities in […]
Cover crops can affect winter temperatures
February 7, 2019
Cover crops have long been known to have ecological benefits, such as controlling runoff and erosion, weed control and increasing soil productivity. But research now suggests that they can also produce warming temperatures in winter, perhaps influencing regional climate change, especially in the northern United States and southern Canada. A new study by researchers at […] Read more
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Three crew die in CP grain train derailment
February 4, 2019
Toronto | Reuters — Three crew members died on Monday when a Canadian Pacific Railway grain train derailed in British Columbia, a Transportation Safety Board (TSB) spokesman said. The accident occurred when a train carrying 40 to 60 grain hopper cars derailed near Field, B.C., the TSB spokesman said. TSB […]
Ag News
U.S. grains: Wheat falls to multimonth lows as global prices sag
February 15, 2019
Chicago | Reuters — U.S. wheat futures fell to multimonth lows on Friday, despite broad strength in commodity and equity markets as grain traders monitored bearish technical signals as well as falling prices in the global cash wheat market. Soybeans climbed on optimism about U.S. trade negotiations with China, the […]
U.S. livestock: Lean hogs bounce on short-covering, technical buying
February 15, 2019
Chicago | Reuters — U.S. lean hog futures ended higher for the first time in three sessions on Friday on short covering and technical buying ahead of the extended Presidents Day holiday weekend, traders and analysts said. Futures had been technically oversold after sinking to seven-month lows early this week […]
Feed markets steady amid cold Alberta weather
February 15, 2019
Winnipeg – Excessively cold temperatures in Alberta may be causing headaches for both feed grain buyers and sellers, but prices remain relatively steady for what is moving. The cold weather hasn’t really led to a significant increase in demand, but “it’s definitely made the farmer grumpy,” said Brandon Motz, of CorNine Commodities in Lacombe, Alta. […] Read more
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Wheat bids mixed in Western Canada
February 15, 2019
Winnipeg – Western Canadian wheat bids were mixed during the week ended Feb. 14, with a steady tone in Canada Western Red Spring (CWRS) bids and losses in Canada Prairie Spring Red (CPSR) wheat as U.S. futures moved in opposite directions and the Canadian dollar weakened slightly. Average Canadian Western Red Spring (13.5 percent CWRS) […] Read more
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Speculative selling drops canola; wheat fairly steady
February 15, 2019
Winnipeg – ICE Futures canola contracts were weaker on Friday, finishing right above major chart support as speculators added to their net short positions. The nearby March contract settled at C$475.80, which was right above major support around C$475.00 per tonne. Large supplies and a lack of significant buying interest contributed to the declines, with […] Read more
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Barley ‘price war’ seen sparked by China, Saudi demand drop
February 14, 2019
Paris | Reuters — A drop in demand from China and Saudi Arabia sent barley prices tumbling in recent weeks, despite low global supply, and price pressure may continue if harvest prospects for next season remain good, analysts at Strategie Grains said. The barley market rallied earlier in the 2018-19 […]