GFM Network News


Wet fall raises risk of Manitoba spring flood

MarketsFarm — Manitoba’s Red River Valley is very wet heading into the winter freeze, but it’s still too early to say if the saturated soils will lead to flooding in the spring, according to provincial forecasters. The Manitoba government on Wednesday took the unprecedented step of opening the Red River Floodway, marking the first time […] Read more

Prairie drought reaches tipping point

MarketsFarm — The Prairie provinces have been under the influence of a large ridge of high pressure for a number of weeks, which has produced prolonged dryness with little precipitation. That high pressure system has pushed low-pressure, precipitation-carrying systems to the south, where the U.S. Midwest has already received significant rain. Environment Canada estimated the […] Read more


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

Canadian crop development behind average

MarketsFarm — Crop development is running behind average across much of Canada, with excessive moisture delaying seeding in Ontario and dryness slowing crop development across the Prairies. That’s according to the latest satellite data from the federal Crop Condition Assessment Program (CCAP), created in partnership between Statistics Canada and Agriculture and Agri-Food Canada. Crop development […] Read more


Feed weekly outlook: Feed grain prices flagging

MarketsFarm — Feed grain prices have softened across the Prairies, as seeding is well under and many producers have the coverage they need until new crops begin to come off the field in August. Markets are fundamentally bearish right now, as farmers with enough coverage can wait until prices get even lower when new crop […] Read more



Mustard acres to decrease, but yield outlook strong

MarketsFarm — The most recent principal field crop acreage report from Statistics Canada predicts mustard seed area will drop from approximately 500,000 acres to 400,000 in 2019, concentrated mainly in southwestern, south-central, and west-central Saskatchewan. Although fewer acres are expected to be seeded, prime mustard-growing areas in Saskatchewan and Alberta saw precipitation in recent weeks, […] Read more




Klassen: Feeder market remains volatile

Compared to last week, western Canadian feeder cattle markets traded $3-$5 on either side of unchanged. Many auction barns were closed last week and the ones holding sales had smaller numbers. Quality packages of yearlings were on the higher end of the range while smaller groups of fleshier replacements were discounted. Alberta feedlots were focusing […] Read more