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MarketsFarm -- Weather and less-than-stellar crop conditions were the primary factors that caused week-long rallies on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Ongoing dryness in most areas of the U.S. saw crops begin to deteriorate. The corn crop dropped six points to 55 per cent good to excellent as of[...]

More stable weather due to El Niño-Southern Oscillation (ENSO) neutral conditions are likely in the Northern Hemisphere summer of 2025, with a 56 per cent chance in August-October, the U.S. Climate Prediction Center said.

MarketsFarm -- Severe weather in the U.S. as well as macroeconomic factors at home and abroad affected grain prices on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Jack Scoville of Price Futures Group in Chicago said wet and cool weather across the U.S. Plains, Midwest and corn belt, as well as[...]

Chicago | Reuters -- U.S. new-crop corn and soybean futures fell on Tuesday to their lowest in more than a week, pressured by forecasts for much-needed rains in the Midwest where crops have been deteriorating under dry conditions, analysts said. Wheat futures tumbled more than five per cent as worries subsided about political instability in[...]

There is more than a 50 per cent chance of La Niña developing in the next three months, the World Meteorological Organization (WMO) said on Wednesday, but if it does it will be relatively weak and short-lived.

La Niña conditions are present and there is a 59 per cent chance of it persisting through February-April 2025, with a 60 per cent chance of transition to ENSO-neutral conditions during March-May 2025, a U.S. government forecaster said on Thursday.

Mexico City | Reuters -- Chicago grains and soybean futures closed lower to mixed on Wednesday, as traders eyed sluggish demand and upcoming U.S. export sales data. Wheat fell on news of ample short-term global supplies, despite the risk that an agreement allowing exports from war-torn Ukraine may end next month. Canadian farmers intend to[...]

There is a 71 per cent chance of La Niña weather conditions developing during the September to November period, a U.S. government forecaster said on Thursday.

There is a 66 per cent chance of the La Niña weather pattern, characterized by cold temperatures in the Pacific Ocean, emerging during September-November, a U.S. government forecaster said on Thursday.

The river port in the Amazon rainforest's largest city of Manaus on Friday hit its lowest level since 1902, as a drought drains waterways and snarls transport of grain exports and essential supplies that are the region's lifeline.