GFM Network News

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StatsCan stocks numbers confirm rapid export pace

CNS Canada — Canada’s grain and oilseed exports appear to be in fine form, based on the latest stocks figures on Thursday morning from Statistics Canada. Stocks of wheat, canola and oats are all down compared to last year’s. In wheat’s case, there were roughly five million fewer tonnes in farmers’ bins at the end […] Read more

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USDA’s corn, stocks view misses forecasts; prices surge

Washington | Reuters — U.S. corn and soybean supplies ballooned to record levels during the last three months of 2015 following bountiful harvests of both commodities and cutbacks in usage, according to government data released on Tuesday. But grain stocks lagged market forecasts, and corn and soybean production was smaller than previously estimated, the U.S. […] Read more

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Wheat, canola stocks surprisingly tight in StatsCan report

CNS Canada — Canada’s ag industry was surprised to see some tighter-than-anticipated supply estimates in Statistics Canada’s latest report on stocks of grain and oilseeds Wednesday morning. StatsCan said Canadian wheat supplies, as of March 31, totaled 16.74 million tonnes — about a million lower than expected, said Mike Jubinville of ProFarmer Canada. “On the […] Read more