GFM Network News


Snow cover in southern Manitoba has been sparse this winter, as shown across this field east of Starbuck, Man. (MarketsFarm photo by Glen Hallick)

Wet or dry spring ahead? Depends on where in Canada

MarketsFarm — There will be increased in risk of flooding this spring in British Columbia, western Alberta and parts of Eastern Canada, according to a report Friday from AccuWeather. Meanwhile, dry conditions are expected to continue across the Prairies. AccuWeather’s report forecasts below-normal temperatures for B.C. and western Alberta going into spring. That could delay […] Read more



Forecaster Drew Lerner, shown here at Ag Days 2020 in Brandon, sees a cooler-than-normal spring ahead for the Prairies. (Manitoba Co-operator photo by Alexis Stockford)

Variable Prairie weather makes for uncertain spring ahead

If nothing else, a rainy harvest season helped replenish topsoil moisture

MarketsFarm — Late-season rains wreaked havoc on the 2019 harvest season but were helpful in restoring topsoil moisture to key growing regions in the Prairies. Since snow coverage has been variable across the Prairies so far in 2020, however, the growing season may get off to a rocky start. “If we take a look at […] Read more

File photo of fields during monsoon in India. (Shubham Singh/iStock/Getty Images)

Pulse weekly outlook: India pulse estimates improve

MarketsFarm — Conditions are still not looking good for India’s kharif (summer) production, and in particular for pulse crops. Excessive monsoon rains, followed by above-average post-monsoon rains, have hurt production, according to a report. The excessive rains resulted in flooding in 13 states in India and the National Bulk Handling Corp. (NBHC) estimated Monday that […] Read more


File photo of fields during monsoon in India. (Shubham Singh/iStock/Getty Images)

Pulse weekly outlook: India’s monsoons catch up, but crops still at risk

MarketsFarm — Heavy rains in recent weeks have brought India’s monsoon rainfall back to normal levels after a slow, dry start to the season, according to reports out of the country. However, flooding and uneven distribution of moisture could still hurt crop production. A normal monsoon is defined as 96-104 per cent of the 50-year […] Read more



(File photo by Dave Bedard)

Cargill quarterly profit drops on trade tensions, U.S. floods

Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted […] Read more




CBOT September 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn posts steepest drop in three years on USDA acreage view

Chicago | Reuters — U.S. corn futures plunged by the most in nearly three years on Friday after the U.S. Department of Agriculture (USDA) pegged U.S. planted acres well above trade expectations despite rains and flooding this spring that disrupted sowing. Soybeans firmed on USDA’s smaller-than-expected acreage estimate, while wheat fell in tandem with plummeting […] Read more