GFM Network News


CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soybean, wheat fall ahead of USDA report

StatsCan stocks report dragged on wheat

Chicago | Reuters — U.S. corn futures fell to their lowest in 7-1/2 months on Thursday, under pressure from expectations that the U.S. government will raise its domestic production forecast, traders said. Wheat futures sank 2.4 per cent to their lowest in more than a month on follow-through technical selling after a Canadian report on […] Read more

Crop quality has been a steep, fast downward plunge

Reading Time: 2 minutes The crop report from Alberta Agriculture in late July was — not surprisingly — dismal. But the speed of the deterioration of crop quality was nevertheless noteworthy. “Only 20 per cent of the annual crops (are) good or excellent,” it said in its end-of-July report. “This represents a 17-point drop in the last two weeks […] Read more


Corn seedlings on June 1, 2020. (Farmtario photo by John Greig)

U.S. grains: Corn, soy futures hit multi-year highs on supply fears

Dryness in Brazil fuels supply fears

Chicago | Reuters — Concerns that global crop supplies will remain lean pushed Chicago Board of Trade corn futures to their highest price since March 2013 on Friday, while soybean futures reached their highest since October 2012. The markets surged before the weekend as traders braced for the potential of further rallies driven by tightening […] Read more

Chickpeas. (CalypsoArt/iStock/Getty Images)

Pulse weekly outlook: Chickpea production expected up in 2021

MarketsFarm — Following an expected 11.4 per cent drop in Saskatchewan’s chickpea harvest this year, provincial pulse specialist Dale Risula is expecting an increase in 2021. In Statistics Canada’s most recent field crop report, issued last week, chickpea production in Saskatchewan was estimated to have dropped from 224,600 tonnes in 2019 to 199,010 tonnes this […] Read more



File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: Saskatchewan pulses heading for a good year

MarketsFarm — Pulse crops in Saskatchewan are in shape to have a good year, according to Dale Risula, a pulse specialist with the province’s agriculture department. “Pulses got off to a pretty good start. Moisture levels in the soil were pretty good. Most of the pulses were up and growing rapidly,” Risula said, noting pulse […] Read more





Photo: File

Saskatchewan harvest underway: Report

CNS Canada – Harvest operations are underway in parts of southern Saskatchewan, according to the weekly crop report from Saskatchewan Agriculture. Crops were reportedly rapidly drying down across the province, with many pulse crops being desiccated. Most crops remain in fair to excellent condition, although later-seeded crops need rain to help heads and pods fill, […] Read more