GFM Network News






U.S. grains: Corn higher on wet weather forecast

Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July […] Read more



StatsCan confirms smaller canola acres, more wheat

MarketsFarm — Canadian farmers intend to seed more spring wheat and less canola in 2019, according to Statistics Canada survey results released Wednesday. Additional shifts are also likely in subsequent reports, as dry conditions in southern Alberta and Saskatchewan may alter some intentions. Statistics Canada forecast canola area for 2019 at 21.3 million acres, which […] Read more



Mustard area remains a question mark for 2019

MarketsFarm –– As the world’s largest producer of mustard seed, Canada exported 112,000 tonnes in 2017-18 — and the jury is out on whether mustard acreage will rise, fall or hold this spring. Agriculture and Agri-Food Canada’s outlook for principal field crops, published Thursday, called for mustard acreage to remain the same as in previous […] Read more



Feed weekly outlook: Spring weather may swing Prairie feed markets

MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring is here, and as the snow melts it creates mud, road bans and all that lovely stuff,” said Brandon Motz of CorNine Commodities in Lacombe, […] Read more