(File photo by Dave Bedard)

ICE weekly outlook: Attention on weather after short-covering rally in canola

MarketsFarm — ICE Futures canola contracts have recovered off of lows hit at the beginning of the month, with speculative short-covering a feature as attention in the markets turns to North American growing conditions. While canola ran into some resistance Wednesday, there may still be more room to the upside. Canadian canola is at a […] Read more



Fresh snowfall in Winnipeg’s Fort Rouge area on April 8, 2020. (GFM Staff)

Cold spring weather expected for Prairies

MarketsFarm — Temperatures in the Prairie provinces are expected to be colder than average this spring. “There’s no indication that temperatures will be above normal,” said Bruce Burnett, director of markets and weather for MarketsFarm in Winnipeg. Low temperatures will likely cause issues for seeding in areas of the Prairies that have received late-spring snowstorms. […] Read more

File photo of a storm cloud from the southwestern end of Lake Winnipeg at Matlock, Man. (IanChrisGraham/iStock/Getty Images Plus)

Average Prairie heat, more rain in summer forecast

MarketsFarm — Canada’s Prairies should see higher-than-normal precipitation and generally average temperatures during the 2020 growing season, according to a forecast from Scott Kehler of Weatherlogics. Speaking Thursday at CropConnect in Winnipeg, Kehler said “there’s not really a strong pattern one way or the other” when it comes to the temperature outlook. The Weatherlogics forecast […] Read more


Forecaster Drew Lerner speaks at Ag Days 2020 in Brandon. (Manitoba Co-operator photo by Alexis Stockford)

Variable Prairie weather makes for uncertain spring ahead

If nothing else, a rainy harvest season helped replenish topsoil moisture

MarketsFarm — Late-season rains wreaked havoc on the 2019 harvest season but were helpful in restoring topsoil moisture to key growing regions in the Prairies. Since snow coverage has been variable across the Prairies so far in 2020, however, the growing season may get off to a rocky start. “If we take a look at […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Most oilseed estimates down in USDA’s October outlook

MarketsFarm — The U.S. Department of Agriculture (USDA) released its monthly oil crops outlook on Tuesday featuring reductions in global rapeseed and sunflower production and U.S. soybeans. USDA estimated global rapeseed production at 68.6 million tonnes, a decline of one million, with the lion’s share of the losses in Canada. Canadian production for 2019-20 was […] Read more


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

U.S. grains: Corn, soybean futures ease

Chicago | Reuters –– Chicago Board of Trade (CBOT) corn and soybean futures closed lower on Friday, as weather forecasts showed fewer yield risks to Midwest crops ahead of harvesting, as traders jockeyed for positioning ahead of a U.S. grain stocks report slated for Monday, traders said. Meanwhile, CBOT wheat futures extended a technical bounce […] Read more

Wet harvests hurt U.S., Canadian spring wheat quality

Wet harvests hurt U.S., Canadian spring wheat quality

Chicago | Reuters — Excessively wet conditions in the northern U.S. Plains and Canadian Prairies have hurt the quality of the region’s spring and durum wheat crops, potentially tightening supplies of top grades of the grains, handlers and agronomists said. Rains and heavy dew have slowed the harvest and, worse, caused mature, un-harvested wheat kernels […] Read more



Rain gives farmers relief, for now, from three-year drought

Rain gives farmers relief, for now, from three-year drought

Winnipeg | Reuters — With drought turning Chad Ross’s pastures brown, the southeastern Saskatchewan rancher sent 140 head of cattle to slaughter earlier than usual this spring, as the Prairies’ three-year drought made them too expensive to feed. The ranch and feedlot near Estevan has lost money two straight years. Long-awaited rains that swept the […] Read more