GFM Network News

MGEX July 2021 wheat with 20- and 100-day moving averages (orange, green lines) and CBOT July 2021 wheat (yellow line). (Barchart)

U.S. grains: Corn and soy mixed, wheat down

Wheats lower on weather view for U.S. Plains

Chicago | Reuters — U.S. soybean and corn futures closed mixed on Monday, with nearby contracts firming on support from tight supplies and strength in the cash market, while forecasts for warm weather that will boost crop development in the U.S. Midwest pressured new-crop issues, traders said. “The outlook warmed up for the Midwest over

Not every thunderstorm that develops becomes severe; much of our summer rainfall comes from garden-variety air mass thunderstorms.

Multi-year drought and severe thunderstorms

Short-lived air mass thunderstorms can’t vent their rising air from the top

Before we continue our look at thunderstorms, and in particular, severe thunderstorms, I think we need to talk a little bit about the drought conditions that have been slowly deepening across much of southern Manitoba over the last several years. At first glance, it appears that our current dry conditions began last summer after a

Agriculture and Agri-Food Canada’s Drought Monitor map for the Prairie provinces as of April 30, 2021. (AAFC)

‘Extreme drought’ expands in Prairies

Southern Manitoba, southeastern Saskatchewan parched

MarketsFarm — The newly released map from Agriculture and Agri-Food Canada’s Canadian Drought Monitor (CDM) shows the Prairies’ ongoing drought getting worse. According to AAFC’s nationwide map released on Friday, southwestern Manitoba, parts of southern Saskatchewan and the southeast corner of Alberta are under CDM’s classification of Extreme (D3) drought as of April 30. Communities

Salinity issues turn field edges in southwestern Manitoba white this spring.

Plan now for a salty spring

Manitoba’s dry conditions have done little to beat back salinity in areas prone to the issue

Snow wasn’t the only white creeping across Manitoba’s fields this spring, and unlike snow, this white stuff won’t be melting away. High salinity is not a surprising topic for provincial soil specialist Marla Riekman, given the province’s still-dry conditions and the rise in salinity questions she’s fielded from producers in the last few years. Salinity

A snowy owl fixes the photographer with a steely gaze.

How a retrograding upper low is keeping us cool

Cut-off lows tend to bring prolonged periods of unsettled weather

We all knew it was probably going to happen, after having one of the earliest and nicest starts to spring on record — snow and cold air moved in, reminding us it is still early spring across the Prairies. Weather models had been having trouble with the medium-range forecasts for the last several weeks, with

India likely to get average monsoon rains

India is likely to get average monsoon rains this year, a private weather forecasting agency said April 13, raising prospects of higher farm and economic growth in Asia’s third-biggest economy. Monsoon rains are expected to be 103 per cent of a long-term average, and there is a 60 per cent chance that India will get

CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased supply concerns. Corn followed, also pressured by beneficial South American rains, while wheat ended lower, but was supported by export optimism. The Chicago Board of

CBOT January 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans sink on South American rains, slowing demand

Wheat pressured by bumper crops in Australia, Canada

Chicago | Reuters — U.S. soybean futures fell for a third straight session on Tuesday on slowing export demand and as forecasts for more rain in South American crop areas tempered concerns about tightening supplies. Corn and wheat followed soybeans lower, pressured by improved South American crop prospects and a firmer U.S. dollar. Grain prices

CBOT March 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)

CBOT weekly outlook: Markets could go higher after U.S. Thanksgiving

Ethanol data show demand for corn

MarketsFarm — Just ahead of the Thanksgiving holiday in the United States, the Chicago Board of Trade was pulling back a little, generating double-digit losses in most wheat contracts, while corn and soybeans were down by smaller amounts. However, from Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., sits, the trend after Thanksgiving