GFM Network News

Field peas

Pulse lone bright spot in crop forecast

Break-even yields are a little lower for spring wheat and canola this year, and there’s real money to be made growing peas and lentils

Reading Time: 2 minutes There’s good news and there’s bad news in this year’s crop profitability forecasts. The good news? Break-even yields for both spring wheat and canola are just slightly lower this year, according to provincial forecasts. And even if you just pull off average yields for peas, you’ll really have something to smile about. “Since the projections […] Read more

soybean field

First USDA crop forecast available

Reading Time: < 1 minute The first USDA crop forecast of the year suggests little change in the price of wheat and coarse grains, provincial crops market analyst Charlie Pearson said in mid-May. The forecasts also indicate that oilseeds will see the biggest drop in prices over the period. “World soybean production has been higher than its consumption over the […] Read more