MarketsFarm — Prairie farmers are likely going have good weather over the next few weeks, according to Scott Kehler of Weatherlogics. “We got a pretty significant warm-up across most of the Prairies through to the end of September. It should be fairly warm and not too much in the way of precipitation,” he said. “At […] Read more
Prairies can expect far better harvest weather this fall
No repeat of the ‘harvest from hell,’ says weather forecaster
Reading Time: < 1 minute The fall harvest season will be somewhat wetter than normal but nothing like last year, according to AccuWeather. There is also a low risk for an early freeze, meteorologist and Canada weather expert Brett Anderson said in the company’s fall forecast on Aug. 14. “The latest signals favour most regions having a low risk of […] Read more
CBOT weekly outlook: Rain needed across U.S. Midwest
MarketsFarm — Dry conditions across the U.S. Midwest were among the factors that could affect commodity prices on the Chicago Board of Trade (CBOT) if rain doesn’t come soon, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Dry conditions in the region could lead to price increases for corn and soybeans. “Across northern […] Read more
Most of Prairies to see little rain
MarketsFarm — Warm and dry weather that has generated little precipitation across the Prairies is expected to continue in most areas, aside from southern Manitoba, according to two meteorologists. “Looks like the overall pattern isn’t going to be changing too much,” Scott Kehler of Weatherlogics said. “What you see is what you’re going to get,” […] Read more
USDA’s July WASDE has little effect on markets
U.S. Midwest weather likely having greater effect
MarketsFarm — There were some notable changes in the carryovers for corn, soybeans and wheat in the July supply and demand report from the U.S. Department of Agriculture released Friday. However, the monthly world agriculture supply and demand estimates (WASDE) had very little effect on the markets, according to MarketsFarm analyst Mike Jubinville. “I think […] Read more
U.S. grains: Wheat hits eight-month low as harvest advances
Soybeans gain on trade optimism; ethanol report supports corn
Chicago | Reuters — Chicago wheat futures edged downward on Wednesday reaching an eight-month low as the U.S. harvest continues and rainfall across Europe allayed recent weather worries. Corn prices climbed after early losses, ending in positive territory on increased ethanol use, but capped by pressure from favourable weather across the U.S. Midwest, while soybeans […] Read more
Unseasonal rain, hail damage winter crops in India
Crop quality issues may pressure prices
New Delhi | Reuters — Unseasonal torrential rains and hailstorms have damaged the winter-planted crops of millions of Indian growers, inundating wheat, potato, chickpea and rapeseed farms in large parts of the fertile northern plains, farmers said. Most farmers were caught by surprise by the repeated rain and hail that has lashed fields full of […] Read more
Variable Prairie weather makes for uncertain spring ahead
If nothing else, a rainy harvest season helped replenish topsoil moisture
MarketsFarm — Late-season rains wreaked havoc on the 2019 harvest season but were helpful in restoring topsoil moisture to key growing regions in the Prairies. Since snow coverage has been variable across the Prairies so far in 2020, however, the growing season may get off to a rocky start. “If we take a look at […] Read more
Most oilseed estimates down in USDA’s October outlook
MarketsFarm — The U.S. Department of Agriculture (USDA) released its monthly oil crops outlook on Tuesday featuring reductions in global rapeseed and sunflower production and U.S. soybeans. USDA estimated global rapeseed production at 68.6 million tonnes, a decline of one million, with the lion’s share of the losses in Canada. Canadian production for 2019-20 was […] Read more
How one farm put data analytics to work
Saskatchewan grain farm makes money by assessing data on everything from employees to soil moisture
Reading Time: 6 minutes Most people say, “If it’s not broke, don’t fix it.” But at Hebert Grain Ventures, their motto is, “If it’s not broke, you haven’t looked hard enough.” “We don’t believe that, just because we had a good year or a good yield, that’s enough,” said Evan Shout, the Saskatchewan farm’s chief financial officer. “If we […] Read more
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