GFM Network News


History: Gleaned from the Pioneer Pages

Reprinted from the November 1951 issue of Canadian Cattlemen

Gleaned from the Pioneer Pages By Grant MacEwan ‘Nor’-West Farmer, Oct. 1883. – “Barbed wire as a prairie fence is rapidly coming into use in Manitoba. It is by far the most sensible fence which can be adopted by our farmers; and the wood (rails) can be used for much more necessary purposes.” Calgary Triune, […] Read more

Canadian Financial Close: Recession fears continue

By MarketsFarm WINNIPEG, August 15 (MarketsFarm) – The Canadian dollar was lower at market close on Thursday, as concerns of a global recession persisted. The loonie finished the day at US$0.7505 or US$1=C$1.3325, which compares with Tuesday’s close of US$0.7513 or C$1.3311. The TSX/S&P Composite Index was down 33.41 points on Thursday, to close at […] Read more


North American Grain/Oilseed Review: Canola edges higher

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 15 (MarketsFarm) – The ICE Futures canola market settled with small gains on Thursday, as the market continued to find some strength after dropping earlier in the week. Crush margins remain at some of their best levels of the past year, making canola attractively priced for end users, according […] Read more

Canola firm in choppy midday trade

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – ICE Futures canola contracts were holding onto small gains at midday Thursday, in thin and choppy activity. “It’s hard to get any read on this market,” said a Winnipeg-based trader. While canola was looking underpriced compared to other oilseeds, he expected the looming Prairie harvest would […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The Canadian dollar was holding steady Thursday morning, as investors looked for some fresh direction after Wednesday’s declines. At 9:07 CDT Thursday morning the Canadian dollar was at US$0.7505 or C$1.3324 which compares with Wednesday’s North American close of US$0.7513 or C$1.3311. Crude oil was slightly weaker in […] Read more

ICE canola futures: Bids looking for direction

By Glen Hallick, MarketsFarm WINNIPEG, August 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were steady to lower Thursday morning, following volatile overnight trading. Canola has become more competitive within the oilseed market, which has provided support. A declining Canadian dollar has also been supportive. After the dollar closed Wednesday at 75.16 U.S. cents, […] Read more



North American Grain/Oilseed Review: Canola mixed after choppy day

By Phil Franz-Warkentin, MarketsFarm Winnipeg, Aug. 14 (MarketsFarm) – The ICE Futures canola market ended mixed on Wednesday, with gains in the most active front months and losses in the more deferred positions. Oversold price sentiment and improving crush margins accounted for some buying interest from domestic processors, according to a trader. Weakness in the […] Read more


Canola correcting higher at midday Wednesday

By Phil Franz-Warkentin, MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) – ICE Futures canola contracts were stronger at midday Wednesday, correcting after Tuesday’s losses amid ideas the declines were overdone. Domestic processors were likely on the buy side as crush margins have improved to some of their best levels of the past year over the past week, […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 14 (MarketsFarm) The Canadian dollar was weaker Wednesday morning, as sharp losses in crude oil weighed on the energy-linked currency. At 9:04 CDT Wednesday morning the Canadian dollar was at US$0.7514 or C$1.3308 which compares with Tuesday’s North American close of US$0.7555 or C$1.3236. Crude oil was down in early trade, […] Read more