Weather & Production Tips

U.S. grains: Corn, soy slip on rains, crop ratings

By Tom Polansek, GFM Network News July 16, 2019

Chicago | Reuters — U.S. grain and soybean futures extended losses on Tuesday as crops in the U.S. Midwest were poised to benefit from rains, traders said. Technical selling and better-than-expected U.S. Department of Agriculture crop condition ratings added pressure on prices. Showers in parts of the Midwest and Mississippi Delta temporarily eased concerns about […] Read more

Crops, Markets, Reuters, Weather

U.S. grains: Corn pulls back from five-year high

By GFM Network News July 15, 2019

Chicago | Reuters — Chicago Board of Trade grain futures settled down on Monday after corn touched a five-year high and soybeans reached a one-year peak, as forecasts for rain in U.S. crop-growing areas eased concerns about hot, dry weather. A recent warm, dry spell had fueled worries that corn could be damaged during crucial […] Read more

A chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

Crops, Markets, Pulses, Weather

Pulse weekly outlook: Weather threatens India’s crops

By GFM Network News July 12, 2019

MarketsFarm — India is experiencing abnormal rain and weather patterns that have resulted in almost half of the country receiving drastically less rain than usual. In total, the entire country is experiencing about 12 per cent less precipitation than is normally expected. Particularly, provinces in India’s key pulse-growing region are experiencing significant droughts during a […] Read more

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

Crops, Markets, Reuters, Weather

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

U.S. livestock: Cattle futures higher on screwworm news

Trade mission heads for Japan as Canada becomes the country’s top pork supplier

U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows

GFM Network News

U.S. livestock: Cattle futures higher on screwworm news

Trade mission heads for Japan as Canada becomes the country’s top pork supplier

U.S. grains: Soybeans drop on lack of Chinese demand, wheat hits contract lows

Weather

U.S. grains: Corn, soy slip on rains, crop ratings

U.S. grains: Corn pulls back from five-year high

Pulse weekly outlook: Weather threatens India’s crops

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

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