CBOT December 2019 corn with Bollinger (20,2) bands, a gauge of market volatility. (Barchart)

CBOT weekly outlook: Corn, soy steady, watching harvest

MarketsFarm — Chicago Board of Trade soybean and corn futures moved off of nearby lows and generally trended higher following the U.S. Department of Agriculture’s supply/demand data released Thursday. However, attention has shifted to the looming harvest, with rangebound activity expected barring a fresh outside influence. “For this market to really move up, it will



When should we normally expect the first fall frost?

fall It’s just a matter of time before the mercury dips enough to end the growing season

With some of the first winter forecasts beginning to make the news, I had to resist the urge to jump on this topic. After all, it is still summer and I think we can wait at least one more week before we take a look ahead to see what this fall and winter may have

Forecast: Warming up and drying out

Last week’s forecast turned out not too bad considering the extra lead time. Even the short-term forecasts struggled with the cool air late last week and while the first low didn’t kick northwards last Friday, the main low was still forecasted to bring significant rainfall chances to most of southern and central Manitoba last weekend





(Ablokhin/iStock Editorial/Getty Images)

CBOT weekly outlook: Traders watching weather

MarketsFarm — Corn contracts have tested contract lows on the Chicago Board of Trade, and markets are in need of a bounce. “If contract lows get taken out, you’re talking almost another 10 cents to the downside,” said Steve Georgy, president of Allendale Inc. at McHenry, Illinois. “It’s going to be very important for us

Additional bouts of cold air are expected as August winds up, and especially through September.

Early frost risk elevated on the Prairies

One weather specialist says there’s an unsettling weather pattern established for the Prairies

Another dilemma is expected for the 2019 growing season. After a late start, western Canadian farmers could be challenged by an early end. Over the August 10 weekend there were isolated reports of frost in some areas of the Peace River region in Alberta. Other parts of the Prairies may be experiencing similar conditions sooner


ICE November 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola trade’s eyes on StatsCan report

MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million tonnes. “Maybe we’ll see if