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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

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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
File photo of a soybean field in Argentina. (Federico Weyland/iStock/Getty Images)
Crops, Markets, Reuters, Soybeans, Weather

Vast tracts of drought-hit Argentine soy fields seen going unharvested

Yet more cuts to production possible

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Buenos Aires | Reuters — Argentina’s Buenos Aires grains exchange on Thursday said farmers would likely leave large tracts of soy fields unharvested due to damage from a historic drought, which could lead to more cuts to its 25 million-tonne production forecast. Argentina is the world’s top exporter of soybean oil and meal, but its […] 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

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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
CBOT May 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Chicago futures lower on U.S. weather outlooks

Traders keep eye on warming trend for northern states

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Mexico City | Reuters — Chicago corn futures closed lower on Wednesday after a day of ups and downs on improved weather outlooks for planting season in the U.S. and market readjustments from technically oversold positions, traders said. The prospect of a drier, warmer spell boosting spring field work in the northern farm belt that […] Read more
File photo of black beans. (Nhattienphoto/iStock/Getty Images)
Crops, Pulses, Weather

Pulse weekly outlook: For growers, spring still far away

Just 'minor changes' expected in Manitoba acres

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MarketsFarm — Springtime still seems distant for southern Manitoba as snow remains and freezing temperatures persist. However, provincial pulse specialist Dennis Lange said current conditions are setting up well for seeding after temperatures rise and snow melts. “We’re still a little ways off. There are still snow drifts in the fields in most areas of […] Read more
The U.S. National Oceanic and Atmospheric Administration’s spring 2023 flood outlook, issued March 16 and covering the spring period through May, calls for risk of “moderate to major” flooding along the Mississippi River from Minneapolis to St. Louis, but also shows “moderate” flood risk along the Red River, which forms the North Dakota-Minnesota state line and flows northward into Lake Winnipeg. (NOAA)
General, Weather

Manitoba’s Red River Valley at major risk for flooding

Province's March flood outlook report cites U.S. storms as reason

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Manitoba has significantly raised the risk of spring flooding in its Red River Valley, follow “recent precipitation events south of the border.” Manitoba Transportation and Infrastructure’s Hydrologic Forecast Centre on Wednesday projected a major risk of flooding on the Red River and low to moderate risk of flooding in most Manitoba basins in its March […] Read more
Pacific Ocean sea surface temperatures in degrees Celsius for the week centred on March 15, 2023. (CPC.ncep.noaa.gov)
General, Weather

No big changes in current weather patterns

Potential for some precipitation in early April

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MarketsFarm — With spring officially underway, don’t expect a lot of major changes in the current weather patterns across the Canadian Prairies and the U.S. northern Plains, according to Drew Lerner of World Weather Inc. at Overland Park, Kansas. “For the rest of March, it’s status quo, it will stay cold. We’re not going to […] Read more
File photo of young birds on a Canadian broiler operation. (Elena Bionysheva-Abramova/iStock/Getty Images)
Livestock, Weather

B.C. farmers granted late entry for AgriStability

Avian flu, 'extreme weather' events considered

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With bird flu outbreaks and last spring’s weather woes in mind, farmers and ranchers in British Columbia are now spotted until the end of June to enrol in AgriStability. The province and the federal ag department on Tuesday announced they’ve agreed on a late participation option for the 2022 program year. In this case, the […] Read more
The skeleton of a fish is seen in the Navarro lagoon, which dried up due to the climate phenomenon La Nina, in Navarro in Argentina’s Buenos Aires province on Dec. 5, 2022. (File photo: Reuters/Agustin Marcarian)
Corn, Crops, Markets, Soybeans, Weather

Argentina soybeans go from ‘worse to worser,’ expert says

Heatwave now crisping early-planted crops

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MarketsFarm — Extreme heat and drought throughout most of Argentina have taken a huge toll on that country’s soybean crop. Dr. Michael Cordonnier of Soybean and Corn Advisor said the forthcoming soybean harvest is now likely to produce 25 million to 30 million tonnes, a far cry from the 40 million to 45 million tonnes […] Read more

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