GFM Network News

Wheat acres set to climb in Canada

Attractive prices and weather issues are expected to help farmers in Canada look seriously at seeding more acres to wheat this summer than in previous years, according to industry sources. "Last year a lot of farmers took a chance with canola given the high financial returns, but the drier than anticipated conditions across parts of […] Read more

ICE remains hopeful on wheat, barley contracts

ICE Futures Canada remains fairly confident that the milling wheat, durum and barley futures contracts on its trading platform will remain viable risk tools. Thus, the Winnipeg-based exchange is willing to give those contracts some additional time to catch on with market participants. The milling wheat, durum and barley contracts on the ICE Canada trading […] Read more

Crushers continue to aggressively seek canola

Crush margins for processors in Western Canada have been continuing to grind slightly lower the past couple of weeks, but the effort to secure canola supplies from farmers by this sector continues to remain aggressive, according to industry participants. "Based on my calculations, crush margins for canola are currently in the $56 per tonne range, […] Read more