GFM Network News

ICE Futures March 2020 canola with 20- and 50-day moving averages. (Barchart)

High stocks-to-use ratio weighs on canola

MarketsFarm — The Canadian canola stocks-to-use ratio was over 20 per cent at the end of 2019 — significantly higher than the five-year average of 13.4 per cent. “That’s part of the reason why we’re seeing downward pressure on canola prices,” Craig Klemmer, chief agriculture economist for Farm Credit Canada (FCC), explained during his presentation […] Read more

Forecaster Drew Lerner speaks at Ag Days 2020 in Brandon. (Manitoba Co-operator photo by Alexis Stockford)

Favourable growing conditions forecast for major ag regions

MarketsFarm — Canadian producers looking for challenging growing conditions elsewhere in the world to prop up commodity prices may be disappointed during the 2020 growing season. South America “If you’re looking for any help from South America for your canola or soybeans or corn, you’d better look somewhere else,” Drew Lerner, president of World Weather […] Read more

Inventors’ Showcase at Ag Days highlights innovation

Inventors’ Showcase at Ag Days highlights innovation

Agriculture is a business where innovation is important. The farmers who selected and adopt the right technology at the right time tend to win out over time. Agriculture inventors know this and they’ll be front and centre at this year’s Ag Days through the annual Inventors’ Showcase. The event is also a crowd favourite too,[...]
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(Dave Bedard photo)

Canola acres seen rising on high prices

Brandon | Reuters — Canadian canola plantings may rise slightly in spring as farmers seek to cash in before an expected drop in vegetable oil prices as palm crops recover from drought that hit major Southeast Asian producers, German oilseed analysis firm Oil World said Tuesday. Plantings will rise by less than 10 per cent[...]
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