CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy, corn rise as traders watch weather

Chicago wheat futures flat

Chicago | Reuters — U.S. soybean futures rallied on Wednesday, rising 2.3 per cent to halt a two-day fall with the market underpinned by concerns that forecast rain may be insufficient to avert further drought damage to crops in Argentina and southern Brazil. “It is the size of the crop in South America that will […] Read more

A highly saturated area in a canola field in Manitoba’s Interlake in 2016, and a good visual of what happens when water comes in faster than it can dissipate.

Les Henry: Some facts on precipitation cycles

What goes around comes around

This piece deals with long-term water table records as a basis for tracing long-ago annual precipitation. I am dedicating this to the memory of Bill Meneley (1933-2000), who was responsible for establishing the observation wells, which are the basis of what I have to say. He started that work while with the Saskatchewan Research Council. […] Read more


CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)

U.S. grains: Soybeans surge on weather concerns

CBOT wheat rises after slide

Chicago | Reuters — Chicago soybean futures surged on Friday, reaching highs not seen since last summer, as the market anticipated drought losses in South America that could curb global export supplies. Wheat rose after a two-day slide, attracting bargain-buying and traders hunting for short-covering, as investors closely monitor a standoff between Russia and the […] Read more

CBOT March 2022 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: Soy eases on outlook for rain on South American crops

Corn inches higher; CBOT wheat touches one-week low

Chicago | Reuters — Chicago Board of Trade soybean futures slumped on Friday to their lowest price in more than a week under continued pressure from forecasts for rain in dry South American growing areas, analysts said. Soybean futures have retreated about three per cent since reaching July highs a week ago on concerns about […] Read more


Seeding in southwestern Manitoba in the spring of 2021. (Manitoba Co-operator file photo by Alexis Stockford)

Last year was world’s sixth-warmest on record, U.S. scientists say

Heat content of oceans at record level, NOAA says

Reuters — Last year ranked as the sixth-warmest year on record, causing extreme weather events around the world and adding to evidence supporting the globe’s long-term warming, according to an analysis on Thursday by two U.S. government agencies. The data compiled by the U.S. National Oceanic and Atmospheric Administration (NOAA) and NASA also revealed that […] Read more

Sea surface temperature anomalies over the equatorial Pacific Ocean for the week centred on Jan. 5, 2022. (CPC.ncep.noaa.gov)

La Niña likely to continue into spring, U.S. forecaster says

Reuters — La Nina conditions are likely to continue during the Northern Hemisphere spring, a U.S. government weather forecaster said on Thursday. The La Niña weather pattern, characterized by unusually cold temperatures in the equatorial Pacific Ocean, has a 67 per cent chance of persisting from March through May this year, the National Weather Service’s […] Read more


Pacific sea surface temperature anomalies in degrees Celsius for the week centred on Dec. 29, 2021. (CPC.ncep.noaa.gov)

La Niña introduces itself with Prairie cold snap

MarketsFarm — The frigid conditions which had enveloped the Prairie provinces in recent weeks is a sign La Niña has come again, according to a Kansas-based meteorologist. Since mid-December, the Prairies have been in a deep freeze beginning with temperatures at least 10 C below-normal. Since the holiday season, many towns and cities in the […] Read more

FCL’s Co-op Fertilizer Terminal at Brandon. (Photo courtesy Federated Co-operatives Ltd.)

Fertilizer prices to remain high for now

MarketsFarm — There are two factors to consider when it comes to fertilizer. One is the cost as it’s to remain quite expensive at least through the first quarter of 2022, according to Chris Lawson, head of fertilizers for the CRU Group. The other is its availability, said Todd Lewis, president of the Agricultural Producers […] Read more