GFM Network News

More News →

Tag Archives El Niño

(Qingwa/iStock/Getty Images)
Crops, Markets, Weather

CBOT weekly outlook: Traders, analysts anticipate WASDE report

El Nino also worth watching longer-term

By
MarketsFarm — While traders and analysts continue to keep an eye on weather conditions, their collective focus will momentarily shift on Friday when the U.S. Department of Agriculture (USDA) releases its monthly world agricultural supply/demand estimates (WASDE). This month’s report will be highly significant as it will announce the first U.S. crop production estimates for […] Read more
Sea surface temperature (SST) anomalies in degrees Celsius over the tropical Pacific Ocean for the week centred on April 12, 2023. (CPC.ncep.noaa.gov)
Crops, Reuters, Weather

World could face record temperatures in 2023 as El Nino returns

New record highs 'more likely than not'

By
Brussels | Reuters — The world could breach a new average temperature record in 2023 or 2024, fuelled by climate change and the anticipated return of the El Nino weather phenomenon, climate scientists say. Climate models suggest that after three years of the La Nina weather pattern in the Pacific Ocean, which generally lowers global […] Read more
File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Crops, Soybeans, Weather

Argentina soybeans expected to go from horrible to great

El Nino expected to improve growing conditions

By
MarketsFarm — While Argentina is headed to one of its worst soybean harvests in decades, the U.S. Department of Agriculture (USDA) attaché in Buenos Aires projects a huge turnaround in 2023-24. Argentina is the world’s third-largest grower of soybeans — a fair amount less than Brazil and the U.S., but a lot more than other […] Read more
Pacific Ocean sea surface temperature (SST) anomalies, in degrees Celsius, for the week centred on April 5, 2023. (CPC.ncep.noaa.gov)
Crops, Reuters, Weather

U.S. forecaster sees 62 per cent chance of El Nino developing during May-July

Argentina, parts of U.S. could benefit; Asian crops may not

By
Reuters — A U.S. weather forecaster on Thursday predicted a 62 per cent chance of the El Niño phenomenon developing in the Northern Hemisphere during May-July, and a strong chance toward end-year, likely compounding risks to crops across the globe. “The coastal warming in the eastern Pacific may foreshadow changes across the Pacific basin. Therefore, […] Read more
File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)
Crops, Markets, Weather

USDA’s Indonesia desk predicts increased palm oil production

An El Nino event could weigh on that outlook

By
MarketsFarm — Indonesia, the world’s largest producer of palm oil, is forecast to see a three per cent rise in production in 2023-24, according to the U.S. Department of Agriculture’s Foreign Agricultural Service post in Jakarta. The country’s USDA post anticipates 46 million tonnes of palm oil production, which would be up from 44.7 during […] Read more
CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat, corn get boost off weaker dollar after multi-month lows

Expectations grow for Black Sea deal extension

By
Chicago | Reuters — Chicago wheat futures closed higher on Friday, boosted by a weaker U.S. dollar, after hitting a 20-month low, while corn futures rose from a seven-month low. The markets recovered after a week that saw expectations for an extended Black Sea export deal and a lower U.S. government estimate for corn export […] Read more
CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Chicago corn dampened by prediction of El Nino rain

Black Sea export deal hopes drag wheat to 18-month low

By
Chicago | Reuters — Chicago corn futures hit their lowest price since August on Thursday on expectations that the El Nino climate phenomenon could boost U.S. crops and concerns about rising interest rates. La Nina has ended, the National Weather Service’s Climate Prediction Center said on Thursday, and El Niño could possibly form during summer […] Read more
Pacific Ocean sea surface temperature anomalies (in degrees Celsius) for the week centred on Sept. 14, 2022. (CPC.ncep.noaa.gov)
General, Weather

La Nina set to continue for third year

Other weather patterns may override temporarily

By
MarketsFarm — With fall soon upon North America, there’s nothing overly unusual with the continuation of La Nina, according to Drew Lerner, president of World Weather Inc. at Overland Park, Kansas. Going into its third year, some people might think this is the third consecutive La Nina — but Lerner said it’s the same one, […] Read more
Sea surface temperature anomalies over the equatorial Pacific Ocean for the week centred on Jan. 5, 2022. (CPC.ncep.noaa.gov)
General, Reuters, Weather

La Niña likely to continue into spring, U.S. forecaster says

By ,
Reuters — La Nina conditions are likely to continue during the Northern Hemisphere spring, a U.S. government weather forecaster said on Thursday. The La Niña weather pattern, characterized by unusually cold temperatures in the equatorial Pacific Ocean, has a 67 per cent chance of persisting from March through May this year, the National Weather Service’s […] Read more

AgCanadaTV

AgCanadaTV: Your Agriculture News Recap for Dec.19, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →