Loading…
Canada's interim drought outlook says a cool, wet spring improved drought conditions across much of the country, including the southern Prairies. It warns that drought severity and wildfire risk are expected to rise as summer progresses, with a warmer-than-average summer forecast for most of Canada.
A warm, dry summer on the Canadian Prairies could cut canola, wheat and barley yields, supporting oilseed meal and grain prices.
agriculture.canada.caAgriculture, Agri-Food CanadaJun 14, 2021Not enough comparable past events yet for a historical read.
After 1,072 past bullish weather events, Wheat (SRW) moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
