flooding Archives - Page 3 of 8

File photo of fields during monsoon in India. (Shubham Singh/iStock/Getty Images)

Pulse weekly outlook: India pulse estimates improve

By GFM Network News January 15, 2020

MarketsFarm — Conditions are still not looking good for India’s kharif (summer) production, and in particular for pulse crops. Excessive monsoon rains, followed by above-average post-monsoon rains, have hurt production, according to a report. The excessive rains resulted in flooding in 13 states in India and the National Bulk Handling Corp. (NBHC) estimated Monday that […] Read more

Crops, Pulses, Weather

Pulse weekly outlook: India’s monsoons catch up, but crops still at risk

By GFM Network News 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 per cent of the 50-year […] Read more

Nutrien expects U.S. farmers to plant as many as 95 million acres of corn in 2020. Photo: File/Greg Berg

Corn, Reuters

Nutrien sees big corn comeback in 2020, following U.S. floods

By Rod Nickel, GFM Network News July 30, 2019

Winnipeg | Reuters – Fertilizer producer and farm supply dealer Nutrien Ltd expects U.S. farmers to plant as many as 95 million acres (38.5 million hectares) of corn next year, the most in seven years, after a frustrating year of floods, its chief executive said. The wet conditions left millions of acres unplanted across the […] Read more

General, Markets, Reuters, Weather

Cargill quarterly profit drops on trade tensions, U.S. floods

By GFM Network News July 11, 2019

Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted […] Read more

Crops, Machinery, Markets, Reuters, Weather

U.S. Midwest floods to weigh on diesel demand come harvest

By GFM Network News July 11, 2019

Putnam County, Ill. | Reuters — A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said. Heavy storms that lingered over the Midwest left millions of acres unseeded and put crops that were planted late […] Read more

Crops, Markets, Reuters, Weather

Major grain traders face one-two punch from U.S. floods, trade war

By GFM Network News July 11, 2019

Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known as the ABCD quartet of […] Read more

CBOT September 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn posts steepest drop in three years on USDA acreage view

By GFM Network News June 28, 2019

Chicago | Reuters — U.S. corn futures plunged by the most in nearly three years on Friday after the U.S. Department of Agriculture (USDA) pegged U.S. planted acres well above trade expectations despite rains and flooding this spring that disrupted sowing. Soybeans firmed on USDA’s smaller-than-expected acreage estimate, while wheat fell in tandem with plummeting […] Read more

CBOT July 2019 wheat with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soy down fourth straight week on export worries, big supplies

By GFM Network News May 3, 2019

Chicago | Reuters — U.S. soybean futures eased on Friday for a sixth consecutive session, posting a fourth straight weekly drop as rain-delayed U.S. corn planting may fuel a shift to more soybean acres despite sluggish export demand from top importer China. Corn edged upward for a seventh straight day and notched its first weekly […] Read more

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)

Crops, Markets

CBOT weekly outlook: Currency, swine fever weigh on prices

By GFM Network News April 26, 2019

MarketsFarm — A strong U.S. dollar and China’s prolonged battle with African swine fever have turned Chicago Board of Trade markets largely bearish. “We’re seeing a slew of positive [economic] news out of the U.S., and a rallying dollar that has been strong for four out of five sessions,” said Terry Reilly, a grains analyst […] Read more

Severe flooding in the U.S. Midwest may weigh on plantable acreage this spring for producers such as Justin Mensik, a corn and soybean grower shown here March 22, 2019 at his farm at Morse Bluff, Neb., about 70 km west of Omaha. (Photo: Reuters/Humeyra Pamuk)

Crops, Reuters, Weather

USDA won’t survey for volume of grain lost to March floods

By GFM Network News April 25, 2019

Chicago | Reuters — The U.S. Department of Agriculture’s statistical arm will not collect data on the volume of harvested grain lost when farms from the Dakotas to Missouri were hit by flooding in March that burst grain storage bins, a government official said on Tuesday. However, figures in USDA’s regular quarterly stocks report for […] Read more

Daily Network News

Despite cheaper land costs, Canadian farmers at slight revenue disadvantage to U.S.

Feed grain weekly: Western Canadian barley bids seasonally firm

China’s Q1 pork output up 4.2 per cent from a year earlier, lags expectations

Tag Archives flooding

Pulse weekly outlook: India pulse estimates improve

Pulse weekly outlook: India’s monsoons catch up, but crops still at risk

Nutrien sees big corn comeback in 2020, following U.S. floods

Cargill quarterly profit drops on trade tensions, U.S. floods

U.S. Midwest floods to weigh on diesel demand come harvest

Major grain traders face one-two punch from U.S. floods, trade war

U.S. grains: Corn posts steepest drop in three years on USDA acreage view

U.S. grains: Soy down fourth straight week on export worries, big supplies

CBOT weekly outlook: Currency, swine fever weigh on prices

USDA won’t survey for volume of grain lost to March floods

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