GFM Network News


Feed weekly outlook: Grain prices strong as dry weather persists

MarketsFarm — Producers are anxious to stock up on feed grains as weather across the Prairies has remained dry. “We’ve been seeing buyers being quite aggressive [when] bidding on all feed grains,” explained Nelson Neumann of Agfinity in Lethbridge. “Nobody wants to be caught without anything over the summer.” With little precipitation in the forecast, […] Read more



Sunflowers doing well despite drought

MarketsFarm — Though many producers bemoan current drier-than-normal springtime conditions across the Prairies, sunflower crops are primed for a good year. “As long as there’s enough moisture to germinate, they immediately grow a really deep root system,” said Ben Friesen of Scoular Canada. While Statistics Canada estimated the 2019 sunflower acreage to remain pretty much […] Read more

CBOT weekly outlook: Weather, trade wars keep futures volatile

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. Currently, soybeans are trading around […] Read more



Feed weekly outlook: Weather buoys grain prices

MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in […] Read more


Timing not yet set on expanded advance payments for canola

MarketsFarm — With no clear end in sight to the dispute between China and Canada over Canadian canola, producers are anxious to know how and when they might access support programs to maintain cash flow. Since plans to help canola growers through expansions to the federal Advance Payments Program (APP) were announced May 1, there […] Read more




Hay prices skyrocket as Prairie drought continues

MarketsFarm — Hay prices have continued to skyrocket across the Prairies as conditions remain dry enough that many hay growers won’t produce a first cut this spring. “We’ve had a tough start here,” said Darren Chapman, chair of the Manitoba Forage and Grassland Association. “We had a cold, dry spring with frost, so first cut […] Read more