GFM Network News



Alberta’s Peace Region gets a touch of frost, crop conditions see slight decline overall

Alberta Crop Report: Conditions as of August 13

Frequent rain since July accompanied with cool temperature increased excessive soil moisture particularly in the North East and North West Regions. Hailstorms damaged some mature crops in southern parts of the province and destroyed some field crops in other areas. Additionally, a light frost occurred in the western to central parts of the Peace Region, […] Read more


USDA attache to Canada predicts larger wheat crop

MarketsFarm — A new report from the Ottawa-based attache to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) has raised its estimate of total wheat production in Canada for 2019. The report Thursday from attache Phil Hayes increases FAS’s estimate of wheat production in Canada for 2019 to 32.65 million tonnes, compared to last […] Read more




U.S. grains: Corn futures break losing streak

Chicago | Reuters — U.S. corn futures steadied near a three-month low on Thursday as traders said the market was oversold following sharp declines stemming from a bearish U.S. Agriculture Department harvest forecast issued on Monday. Soybean futures traded higher overnight but turned lower after a weak export sales report. Soy futures settled near session […] Read more


U.S. grains: Corn, soybean futures fall

Chicago | Reuters — U.S. corn futures fell 1.5 per cent on Wednesday, with investors shedding risky assets as concerns about the global economy spilled over into the grain markets. Forecasts for some rain in key growing areas of the U.S. Midwest in the coming weeks added to the pressure on the corn market and […] Read more