GFM Network News








Wheat acres in Alberta for 2019 are expected to increase by 128,000 acres.

Cereal crops to grab more Alberta real estate

Alberta farmers are at the head of the pack in reducing canola acres, according to Statistics Canada’s latest survey. Canola acres are forecast to drop 6.6 per cent nationally, but producers here plan to cut seedings by 10.6 per cent (to 6.09 million acres versus 6.81 million a year ago), says StatsCan. While total wheat […] Read more

Feed weekly outlook: Prices steady ahead of seeding

MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report, […] Read more


ADM’s move to spin off ethanol assets speaks to industry’s woes

New York/Chicago | Reuters — Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry’s struggles with U.S. President Donald Trump’s trade wars, thin margins, and overproduction. U.S. law requires ethanol to be blended into gasoline but domestic demand for the biofuel added […] Read more

Feed weekly outlook: Western Canadian market stabilizing

MarketsFarm — Western Canadian feed grain prices have come under pressure over the last month, but appear to be stabilizing as attention turns to spring seeding across the Prairies. “We’ve been steadily dropping for the past few weeks, and it’s leveled out now,” said Tracey Green, grain broker with Market Master Ltd. in Edmonton. Buyers […] Read more