GFM Network News






Global wheat production to decrease, USDA says

MarketsFarm — In the latest supply and demand report from U.S. Department of Agriculture (USDA), the global wheat forecast was revised downward due to difficult weather conditions. USDA has now projected 765.53 million tonnes of wheat to be produced in 2019-20, according to the department’s world agriculture supply and demand estimates (WASDE), released Thursday. That’s […] Read more


CBOT weekly outlook: Expected U.S. soybean, corn yields down

MarketsFarm –– The U.S. Department of Agriculture (USDA) September supply and demand report saw downward revisions for corn and soybeans, but kept its estimates for wheat where they were in August. The department on Thursday released its new world agricultural supply and demand estimates (WASDE). “Prices rallied after the report came out because of the […] Read more

Frost strikes in numerous spots in Manitoba

MarketsFarm — Numerous areas throughout the growing areas of Manitoba experienced frost, according to the province’s crop report for the week ended Monday. The coldest locations were Sprague in the eastern region, Narcisse in the Interlake and Lake Audy in the southwest, which experienced temperatures of -2 C on Sept. 8. Many other areas saw […] Read more


Pulse weekly outlook: Wrinkles, loss of colour problems for lentils

MarketsFarm — As Canada’s lentil harvest comes along slowly, issues with wrinkles and the loss of colour have arisen, according to Markus Mosnaim of Globeway Canada in Mississauga. Loss of colour in green lentils translates to a downgrade, he said. “It can drop to No. 2, depending on how much colour is lost.” Wrinkles, meanwhile, […] Read more

Big changes unlikely in next USDA report

MarketsFarm — Ahead of the next supply and demand report from the U.S. Department of Agriculture, several firms have issued estimates for U.S. corn and soybean yields. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) Thursday at 11 a.m. CT. The report will help set the tone for commodities […] Read more