GFM Network News


ICE weekly outlook: Uncertainty, lack of farmer selling lift canola bids

MarketsFarm — Over the last week or so canola prices have been largely supported by two factors, according to Errol Anderson of Pro Market Communications in Calgary. “To some degree it’s still crop uncertainty and growers aren’t selling.” Cash bids have varied widely, he said, while spot premiums have shot up a bit. “That indicates […] Read more



Feed weekly outlook: New-crop expectations weigh on bids

MarketsFarm — Feed grain bids in Western Canada have trended lower over the past month amid expectations for large barley production and concerns over possible downgrades to wheat quality. “We’ve definitely seen (barley prices) soften up quite a bit,” said grain broker Nelson Neumann of Agfinity at Stony Plain, Alta. New-crop feed barley is trading […] Read more

Feed weekly outlook: Old-, new-crop barley prices converge

MarketsFarm — Feed grains prices have been softening as old-crop and new-crop prices converge during harvest. Tracy Green, a grain broker with Market Master Ltd. in Edmonton, said Feedlot Alley is “well-covered” and waiting for harvest. However, buyers in central Alberta are seeing prices around $237 delivered for old-crop barley. For deliveries into Lethbridge for […] Read more






ICE weekly outlook: Farmers advised to price some new crop

ICE Futures canola contracts held within a narrow trading range during the week ended Wednesday, as participants await fresh market-moving news. While the sideways trading range could persist in the near term, an analyst said new-crop futures were at decent levels and encouraged farmers to do some forward pricing. The November canola contract settled Wednesday […] Read more



Feed weekly outlook: Optimism takes pressure off Prairie grains

CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop […] Read more