precipitation Archives - Page 21 of 23

CBOT July 2019 corn (candlesticks) with July 2019 soybeans (line) for comparison. (Barchart)

CBOT weekly outlook: Weather, trade talks strong influences

By GFM Network News May 1, 2019

MarketsFarm — Forecasts calling for more precipitation in the U.S. and trade talks with China are having powerful effects on prices at the Chicago Board of Trade this week from where one analyst sits. Steve Georgy of Allendale Inc. in McHenry, Ill. said the forecast has been driving soybean prices to new contract lows. Already […] Read more

CBOT July 2019 soybeans with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

Crops, Markets, Reuters

U.S. grains: Export worries, big supplies drag soybean futures to new lows

By GFM Network News May 1, 2019

Chicago | Reuters — U.S. soybean futures fell to fresh contract lows on Wednesday, pressured by sluggish exports and worries that rain-delayed U.S. corn seeding would expand the number of acres planted with soybeans, which can be sown later in the spring. Corn futures firmed as soggy fields around much of the Midwest and forecasts […] Read more

CME April 2020 live cattle with 20- and 50-day moving averages. (Barchart)

Finishers, Livestock, Markets

Klassen: Feeder market remains volatile

By Jerry Klassen, GFM Network News April 23, 2019

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. Many auction barns were closed last week and the ones holding sales had smaller numbers. Quality packages of yearlings were on the higher end of the range while smaller groups of fleshier replacements were discounted. Alberta feedlots were focusing […] Read more

Sea surface temperature anomalies over the equatorial Pacific for the week centred on April 3, 2019. (CPC.ncep.noaa.gov)

Crops, Weather

Prairies can expect unexpected from El Nino this summer

By GFM Network News April 12, 2019

MarketsFarm — The U.S. National Weather Service Climate Prediction Center on Thursday reported a 65 per cent chance of El Nino prevailing throughout 2019’s growing season. “A weak El Nino is likely to continue through the Northern Hemisphere summer 2019 (65 per cent chance) and possibly fall (50-55 per cent chance),” the CPC’s report said. […] Read more

Emerging corn plants in Canada. (Sophie-Caron/iStock/Getty Images)

Corn, Crops, Weather

Saskatchewan offers up corn rainfall insurance plan

By GFM Network News March 10, 2019

Saskatchewan’s crop insurance offerings for 2019 will include a new program allowing corn growers to insure against a substantial drop in moisture. The provincial and federal government on Feb. 26 rolled out Saskatchewan’s 2019 crop insurance program, in which coverage levels on average are to reach a record $230 per acre, up from $216 last […] Read more

General, Weather

Abrupt mid-March shift into spring predicted

By MarketsFarm Team, GFM Network News February 27, 2019

Winter conditions are expected to remain the norm across the Canadian Prairies through the middle of March, when a sudden pattern change brings an abrupt start to spring, according to the latest seasonal forecast from The Weather Network. The quick move from cold to warm conditions raises the risk of flooding in areas with a […] Read more

Pacific Ocean sea surface temperature (SST) anomalies in degrees Celsius for the week centred on Dec. 19. (CPC.ncep.noaa.gov)

Crops, Weather

El Nino likely not responsible for warm, dry conditions

By GFM Network News December 27, 2018

CNS Canada — The above-normal temperatures Western Canada has generally experienced since the fall weren’t necessarily caused by an El Nino. Rather, to Agriculture and Agri-Food Canada, the phenomenon that’s likely affected the weather was a ‘blob’ that formed off of the coast of British Columbia. “It’s a big warm pocket of ocean water and […] Read more

Crops, Weather

Prairie harvest window possible next week

By GFM Network News September 13, 2018

CNS Canada — Cold and wet conditions on the Prairies are expected to clear up over the next week, allowing a window of opportunity for harvest, though the size of that window remains to be seen. “Western and northern parts of Alberta have some serious issues,” said Drew Lerner of World Weather Inc. in Kansas […] Read more

Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Producers watching skies for signals

By GFM Network News June 28, 2018

CNS Canada — Farmers and traders are keeping a watchful eye on the weather trying to sort out feed grain supplies. “This time of year, it’s a weather market and weather has been improving in much of Saskatchewan and in some of the more critically dry areas. They got a decent amount of moisture over […] Read more

Environment Canada on April 30 released this forecast map for the probability of above-normal precipitation for the period of May through July 2018.

Crops, Weather

May showers likely to leave growers unsatisfied

By GFM Network News April 30, 2018

CNS Canada — Canada’s Prairies can expect to see regular rainfall in most regions during May, but it likely won’t be enough to offset dry conditions recorded over the past several months. According to Drew Lerner of World Weather Inc. in Kansas City, the first half of May should see average rainfall amounts in most […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

Tag Archives precipitation

CBOT weekly outlook: Weather, trade talks strong influences

U.S. grains: Export worries, big supplies drag soybean futures to new lows

Klassen: Feeder market remains volatile

Prairies can expect unexpected from El Nino this summer

Saskatchewan offers up corn rainfall insurance plan

Abrupt mid-March shift into spring predicted

El Nino likely not responsible for warm, dry conditions

Prairie harvest window possible next week

Feed weekly outlook: Producers watching skies for signals

May showers likely to leave growers unsatisfied

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