GFM Network News



Funds’ canola short position up, for now

MarketsFarm — Fund traders added to their large net short position in canola during the week ended Tuesday (Sept. 10), according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in Tuesday at 73,025, an increase of about 7,000 […] Read more



Statistics Canada boosts crop production estimates

MarketsFarm — Updated model-based production estimates on Thursday from Statistics Canada expect larger yields for most of the major crops grown in the country — and while harvest operations are still ongoing, the actual crops may end up larger still. “All of the numbers are bigger, whether it’s durum, spring wheat, canola,” said analyst Mike […] Read more


StatsCan forecasts near-record corn crop

MarketsFarm — Canada’s corn crop is forecast to be the second largest on record despite a delayed start to spring planting, as yields showed an improvement from earlier forecasts, according to updated production estimates Thursday from Statistics Canada. Using a combination of satellite imagery, previous survey data, and agro-climatic data, the latest Statistics Canada report […] Read more



Grain leaves Churchill for first time in four years

MarketsFarm — The first grain vessel in four years left the northern Manitoba port of Churchill over the weekend, according to social media posts from port owners Arctic Gateway Group. “Happy to report the successful completion and departure of the first grain vessel of the season from Churchill,” Arctic Gateway said on Twitter and Facebook. […] Read more