Weather & Production Tips

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

U.S. grains: Corn tops three-week high on heat wave

By GFM Network News July 12, 2019

Chicago | Reuters — U.S. corn futures exceeded a three-week high on Friday and soybeans advanced as forecasts for a heat wave fuelled concerns about potential damage to crops growing in farmers’ fields. Traders focused on worries about hot, dry conditions after heavy rains and flooding caused unprecedented delays in corn planting this spring. The […] Read more

Localized flooding, strong winds, hail, lack of moisture and grasshoppers have contributed to crop damage in the province this week.

Crops, News, Weather

Sask. crops get a weather boost, but still behind in development

Saskatchewan Crop Report for the week ending July 8

By Saskatchewan Agriculture July 11, 2019

Crops across the province are advancing as a result of the warm weather and moisture, although crops are behind or at their normal developmental stages. Sixty-seven per cent of the fall cereals and 32 per cent of the spring cereals are in the heading stage, while 38 per cent of the canola and mustard and […] Read more

General, Markets, Reuters, Weather

Cargill quarterly profit drops on trade tensions, U.S. floods

By GFM Network News July 11, 2019

Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted […] Read more

General, Reuters, Weather

El Nino seen transitioning to neutral in next month or two

By Reuters, GFM Network News July 11, 2019

Reuters — The El Nino weather pattern is likely to transition into ENSO-neutral conditions in the next month or two, a U.S. government weather forecaster said on Thursday. “ENSO-neutral” refers to periods in which neither El Nino nor La Nina is present, according to the National Weather Service’s Climate Prediction Center (CPC). ENSO-neutral conditions are […] Read more

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Crops, Pulses, Weather

Large Manitoba edible bean crop likely, weather willing

By GFM Network News July 11, 2019

MarketsFarm — Manitoba could be looking at its largest edible bean crop in over a decade, as acres were up and early development generally looks good. Manitoba farmers seeded an estimated 163,700 acres of edible beans in 2019, according to Statistics Canada data. That would be up 20 per cent on the year and marks […] Read more

Crops, Machinery, Markets, Reuters, Weather

U.S. Midwest floods to weigh on diesel demand come harvest

By GFM Network News July 11, 2019

Putnam County, Ill. | Reuters — A disappointing planting season due to massive flooding in the U.S. Midwest this spring is expected to have spillover effects on diesel demand during harvest season, analysts and traders said. Heavy storms that lingered over the Midwest left millions of acres unseeded and put crops that were planted late […] Read more

Crops, Markets, Reuters, Weather

Major grain traders face one-two punch from U.S. floods, trade war

By GFM Network News July 11, 2019

Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known as the ABCD quartet of […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Wheat, corn down on crop conditions, weather

By GFM Network News July 9, 2019

Chicago | Reuters — Chicago corn and wheat futures settled down on Tuesday after the U.S. Department of Agriculture (USDA) raised its condition ratings for both grains and more crop-friendly weather was forecast for the Midwest. “This downward trend has been led by wheat,” said Ted Seifried of Zaner Group. “These crop conditions are absolutely […] Read more

Beef Cattle, Livestock, Weather

Manitoba to open up Crown lands for grazing, haying

By GFM Network News July 9, 2019

Some Manitoba Crown lands not generally used for grazing or haying will be made available for temporary lease to producers this summer and fall. Citing “dry conditions in parts of the province,” the Manitoba government announced Monday that livestock producers “will temporarily be allowed to cut hay and allow animals to graze on Crown land […] Read more

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

Crops, Markets, Reuters, Weather

U.S. grains: Corn, soy higher after choppy day amid hot forecasts

By GFM Network News July 8, 2019

Chicago | Reuters — Chicago corn and soybean futures settled higher on Monday after a seesaw trading session. Analysts blamed the choppy day on forecasts for hot and dry weather in the U.S. Midwest in the coming days. But forecasts showing heat building further in the next two weeks, with limited rainfall, were causing concern […] Read more

Daily Network News

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Weather

U.S. grains: Corn tops three-week high on heat wave

Sask. crops get a weather boost, but still behind in development

Cargill quarterly profit drops on trade tensions, U.S. floods

El Nino seen transitioning to neutral in next month or two

Large Manitoba edible bean crop likely, weather willing

U.S. Midwest floods to weigh on diesel demand come harvest

Major grain traders face one-two punch from U.S. floods, trade war

U.S. grains: Wheat, corn down on crop conditions, weather

Manitoba to open up Crown lands for grazing, haying

U.S. grains: Corn, soy higher after choppy day amid hot forecasts

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