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Prairie forecast: Looks like summer weather

Highlights: We appear to be in a fairly predictable weather pattern as the overall weather picture has been pretty good. We saw upper-level ridging last week bring average to above average temperatures across the Prairies. The forecasted area of low pressure over the eastern Prairies materialized as forecasted. As often typical with upper-level lows, the […] Read more





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U.S. grains: Soy futures set six-week low as China buys Argentine cargoes, snubs U.S.

Chicago | Reuters – U.S. soybean futures set a six-week low on Tuesday under pressure from a lack of Chinese demand and increased competition for export sales from Argentina, analysts said. The market finished slightly higher in a technical rebound, traders said. Wheat futures also recovered after setting contract lows, with an expected boost to […] Read more

Photo: Geralyn Wichers

U.S. livestock: Hogs rally ahead of USDA report

Chicago lean hog futures rallied on Tuesday ahead of the USDA’s Hogs and Pigs report, due on Thursday. “The report may show a slight increase in total hog population, but analysts are speculating over what other stats may show and mean for futures prices,” the Wall Street Journal reported. The question is if producers expanded […] Read more