prairies Archives - Page 11 of 17

Accumulated precipitation in Western Canada from Nov. 1 to Feb. 15. (AAFC)

Expect Prairie temperatures below normal until month’s end

By GFM Network News February 17, 2022

MarketsFarm — The Prairie weather outlook for the rest of February is likely to remain below normal, according to Scott Kehler, chief scientist for Weatherlogics in Winnipeg. “[But] not as cold as it has been for most of the winter,” he added. Much of January and February have been highlighted by temperatures well below normal. […] Read more

Pacific sea surface temperature anomalies in degrees Celsius for the week centred on Nov. 24, 2021. Cooler-than-neutral sea surface temperatures at the equator are known to set up a La Nina event. (CPC.ncep.noaa.gov)

General, Weather

Prairie winter weather a sign of La Nina repeat

Full effects won't be seen for a while yet

By GFM Network News December 1, 2021

MarketsFarm — December marks the start of what meteorologists call “meteorological winter” — and this winter, the Pacific Ocean phenomenon known as La Nina may be rearing its head once again. La Nina (Spanish for “little girl”) is a climate pattern detected over the Pacific every few years where cooler water pools at the equator […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Lentils up on lower production, stronger demand

By GFM Network News August 25, 2021

MarketsFarm — As with so many other crops on the Prairies, production of lentils will be lower this year due to the drought. However, MarketsFarm Pro senior analyst Mike Jubinville said the lentil crop likely fared a bit better than cereals or oilseeds. Earlier this year, Statistics Canada projected lentil production to come at about […] Read more

CBOT December 2021 oats (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets, Oats, Weather

Oat crop across Western Canada ‘not stellar’

By GFM Network News July 21, 2021

MarketsFarm — As with most other crops on the Prairies, conditions are “not stellar” for oats, according to Shawna Mathieson, executive director for the Prairie Oat Growers Association. POGA directors from across the region who participated in a recent board meeting had a rather grim outlook on the coming harvest, she said. “Not a single […] Read more

File photo of an Alberta wheat field. (ImagineGolf/E+/Getty Images)

Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Alberta feed prices rising

By GFM Network News July 8, 2021

MarketsFarm — Higher-than-normal temperatures and continued demand for feed have caused prices for Alberta feed barley and feed wheat to increase over the past few weeks. However, that demand has pulled back somewhat. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for Alberta feed barley were at $7.84 per bushel, 48 cents higher […] Read more

ICE November 2021 canola (candlesticks) with Bollinger (20,2) bands. (Barchart)

Canola, Crops, Markets, Weather

ICE weekly outlook: Volatility to come for canola market

'Tighten up your seatbelt'

By GFM Network News June 30, 2021

MarketsFarm — Record-breaking temperatures in British Columbia, lingering extreme heat in the Prairie provinces and little to no precipitation have strengthened an ongoing rally in the ICE Futures canola market. One trader, however, warns that canola contracts may be in for a mercurial few weeks. “We’re clearly in a weather market that is extremely volatile,” […] Read more

Barley, Crops, Markets, Spring Wheat, Weather

Feed weekly outlook: New-crop prices to rise

By GFM Network News June 25, 2021

MarketsFarm — Well covered with grain for now, feedlots are beginning to set their sights on the new crop. Drought conditions on the Prairies and the U.S. northern Plains are causing new-crop feed wheat and feed barley prices to go up, according to a Saskatchewan-based trader. “Demand for old crop (is) dwindling and the focus […] Read more

MGEX September 2021 spring wheat (candlesticks) with 20-day moving average (green line) and CBOT September 2021 wheat and corn (yellow and orange lines). (Barchart)

Crops, Markets, Reuters, Weather

U.S. grains: Wheat rallies on Plains weather concerns

Chicago soybeans, corn weaker

By Mark Weinraub, GFM Network News June 24, 2021

Chicago | Reuters — U.S. wheat futures rose on Wednesday, led by gains in MGEX spring wheat contracts that firmed on concerns that dry conditions in key growing areas of the northern U.S. Plains and Canada could limit the size of the harvests. Soybean futures were lower as improving crop prospects in the U.S. Midwest […] Read more

MGEX July 2021 spring wheat (candlesticks) with CBOT and K.C. July 2021 winter wheats (yellow and green lines). (Barchart)

Crops, Markets, Spring Wheat, Winter Wheat

CBOT weekly outlook: MGEX wheat spread widens over winter wheats

By Phil Franz-Warkentin, GFM Network News June 23, 2021

MarketsFarm — Hot, dry growing conditions in key spring wheat-growing regions of the northern U.S. and Canadian Prairies have seen Minneapolis (MGEX) spring wheat futures widen their spread over Chicago and Kansas City winter wheat contracts over the past few weeks — with additional strength likely given the current weather forecasts. Nearby spring wheat futures, […] Read more

Canola, Crops, Markets, Weather

ICE weekly outlook: Weather, soy complex weaken canola

By GFM Network News June 16, 2021

MarketsFarm — Wet weather on the Prairies and U.S. northern Plains has brought downward pressure on ICE Futures canola prices, taking the market off the contract highs hit in early June. Losses in palm oil and soyoil were also bearish. While precipitation, or the potential of it falling over canola-growing areas in Western Canada and […] Read more

GFM Network News

Klassen: Feeder Cattle Market Waits For Direction

China’s ‘No. 1 document’ pushes grain security, agri-tech innovation

Grain trader ADM’s 2026 profit forecast lags expectations amid U.S. biofuel policy uncertainty

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