Soybean and corn futures at the Chicago Board of Trade fell to fresh contract lows in early July, as relatively favourable growing conditions and bearish technical signals weighed on values.
Tag Archives crop weather
CBOT weekly: Good weather leads to new lows in Chicago soybeans and corn
Prairie drought conditions improve in June: AAFC
Above-normal precipitation and cooler temperatures helped drought conditions improve across most of the Canadian Prairies in June, according to the latest drought monitor report from Agriculture and Agri-Food Canada showing conditions as of June 30.
Diverging weather between Prairies, Midwest
Weather conditions across the Canadian Prairies and the United States Midwest will likely take somewhat different paths during the first half of July, according to Drew Lerner, president of World Weather Inc. in Overland Park, Kan.
Seasonal outlook points to warm Canadian growing season
The government agency called for a 50 to 60 per cent chance of above normal temperatures from July through September across most of the three Prairie provinces. The likelihood of warmer than normal temperatures is even higher in the rest of the country, especially in Quebec and the Atlantic provinces.
Manitoba crop weather/conditions varied
Mixed weather conditions across Manitoba over the Canada Day long weekend left some regions of the province dealing with excess moisture, with high winds and cool temperatures also affecting crop development, according to the latest provincial crop report.
ICE Canada Weekly: Canola bouncing around in a large range
Although canola futures on the International Exchange have lost a fair bit of value over the last several weeks, there is a case to be made that the Canadian oilseed is rangebound.
From Black Sea to US Midwest, extreme weather threatens crop output
Hot, dry weather forecast for Russia, Ukraine in coming months; relief seen for China's corn, soybean crops hit by heatwave
Forecast dryness in the Black Sea region's breadbasket is likely to stunt sunflower and corn yields, while heavy rain in the United States after near-record temperatures threaten to take a toll on crops, hitting world supplies and pushing prices higher.
Alberta to be warmer, drier than Manitoba, Saskatchewan ‘a mixed bag’
“We are starting to see hints of warmer weather arriving in Alberta,” the chief scientist for Weatherlogics stated, noting that Manitoba and Saskatchewan are to get temperatures that are normal to below normal.
Manitoba farmers make good progress despite rain
Spring planting in Manitoba entered the home stretch at 83 per cent complete as of June 5. Manitoba Agriculture reported a 19-point gain from the previous week as farmers contended with wet conditions across much of the province.
Warmer Canadian weather for the summer: ECCC
Most of Canada should see warmer than normal temperatures during the summer months, according to Environment and Climate Change Canada’s (ECCC) seasonal forecast as of May 31.
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