GFM Network News



A French farmer harvests wheat at sunset at Paillencourt in northern France on July 23, 2019. French wheat production, which survived a record heat wave in June, is one of many factors now weighing on prices.

The news is not good — but it will get better, say market analysts

Harvest is one of the worst times to look for good news in wheat markets, 
but prices should soon rally

It’s not hard to find bad news these days when it comes to wheat markets. Recent news stories include the USDA surprising analysts by raising its production forecast (by 59 million bushels), European wheat fields coming through a record-breaking heat wave in fine shape, and the threat from Black Sea producers continuing to rise. (For […] Read more



December StatsCan report could vary from years past

CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken […] Read more


Trade expecting bigger canola, wheat numbers from StatsCan

Reuters — Canadian farmers harvested the biggest canola crop on record, slightly larger than was expected in September, a Reuters survey of 15 traders and analysts showed ahead of a key government report. Wheat production is also seen higher than earlier expectations, as favourable weather produced big yields. Statistics Canada will release its final crop […] Read more

Canadian canola stocks seen dwindling to four-year low

Winnipeg | Reuters — Canadian stockpiles of canola dwindled to a four-year low ahead of planting season after brisk demand from crushers and exporters, but wheat supplies swelled, according to a Reuters survey of 12 traders and analysts. On Friday, Statistics Canada will estimate crop supplies as of March 31, 2017, from commercial and farm […] Read more