derecho Archives - Grainews

Iowa’s accumulated precipitation as a percentage of mean (1981-2010) for the period July 20 to Aug. 18, 2020. (Iowa Department of Agriculture and Land Stewardship map)

Storm and drought impacts on Iowa corn seen in crop tour

By GFM Network News August 19, 2020

Chicago | Reuters — A clearer picture of damage to crops in the path of last week’s derecho storm emerged on Wednesday, as crop scouts on an annual tour scrambled across blown-over corn stalks and wind-battered soybean fields in Illinois and Iowa. Iowa officials on Tuesday warned much of the crop in the path of […] Read more

U.S. President Donald Trump participates in a disaster recovery briefing following last week’s severe windstorm, at the Eastern Iowa Airport in Cedar Rapids on Aug. 18, 2020. (Photo: Reuters/Tom Brenner)

Corn, Crops, Reuters, Weather

Trump visits Iowa as officials warn storm destroyed corn crops

By GFM Network News August 19, 2020

Cedar Rapids | Reuters — U.S. lawmakers and state officials from Iowa said on Tuesday that much of the state’s corn crop will not be harvested following a fierce windstorm last week, as President Donald Trump visited to review the damage. The destruction from the Aug. 10 derecho storm compounded troubles for a U.S. agricultural […] Read more

Crops, Reuters, Weather

Monday’s storm hit an estimated 37.7 million acres in U.S. Midwest

By GFM Network News August 14, 2020

Chicago | Reuters — A storm packing hurricane-force winds on Monday impacted 37.7 million acres of farmland across the Midwest, including 14 million in Iowa, the Iowa Soybean Association said on Friday, citing estimates from the U.S. Department of Agriculture. The toll from the derecho storm has worsened as farmers and grain handlers have spent […] Read more

CBOT December 2020 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Corn eases on profit-taking

Traders question USDA numbers, raising uncertainty

By GFM Network News August 14, 2020

Chicago | Reuters — Chicago corn inched slightly lower on Friday, as traders questioned federal acreage data and assessed the extent of storm damage in the U.S. Midwest. Prices slipped early in the day, after a rally in the previous session pushed corn futures to a four-week high. Soybeans also fell after jumping to a […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Exports, storm damage offset big crop outlook

Corn, soy prices buck USDA forecasts; wheat rises on corn rally

By GFM Network News August 13, 2020

Chicago | Reuters — Chicago corn prices surged to a four-week high on Thursday as forecasts of warmer weather and worries over recent storm damage in the U.S. Midwest countered pressure from huge government harvest forecasts. The corn rally also boosted wheat, as traders continue to debate how much impact the drought hammering Argentina’s farm […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn up after USDA confirms massive U.S. crops

Traders assessing damage from Midwest storm Monday

By GFM Network News August 12, 2020

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday as short-covering and position-squaring emerged after the U.S. Department of Agriculture confirmed expectations for massive crops, traders said. USDA, in a monthly report, said U.S. farmers will reap their biggest corn harvest and second-biggest soybean harvest, thanks to favourable weather. […] Read more

Crops, Markets, Reuters, Weather

U.S. farmers to harvest record-large corn crop, second-largest soy crop, USDA says

Estimates don't include impact of recent Midwest storm

By GFM Network News August 12, 2020

Chicago | Reuters — U.S. farmers will reap their biggest corn harvest and their second biggest soybean harvest this fall as good summer weather shepherded the crops through key phases of development, the U.S. Agriculture Department said on Wednesday. The crop outlooks, which also included average yields for both corn and soybeans as the largest […] Read more

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

GFM Network News

U.S. livestock: Cattle markets up ahead of report

U.S. grains: Soybean futures fall after Trump-Xi call

Prairie Wheat Weekly: Western Canadian bids slightly decline

Tag Archives derecho

Storm and drought impacts on Iowa corn seen in crop tour

Trump visits Iowa as officials warn storm destroyed corn crops

Monday’s storm hit an estimated 37.7 million acres in U.S. Midwest

U.S. grains: Corn eases on profit-taking

U.S. grains: Exports, storm damage offset big crop outlook

U.S. grains: Soybeans, corn up after USDA confirms massive U.S. crops

U.S. farmers to harvest record-large corn crop, second-largest soy crop, USDA says

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