GFM Network News


Malt growers have many reasons to raise a glass this year

Quality is good, demand strong so far, and the harvest was night and day from a year ago

Quality is good, demand strong so far, and the harvest was night and day from a year ago

It’s a cliché — but most malt growers really do have a reason to raise a glass and toast what has turned out to be a good year. Last year’s wet harvest made for “a dismal year” but this season has been good for most growers in south and central Alberta, as well as Saskatchewan […] Read more

There are several short-term reasons why things are going well right now, but Alberta Wheat chair Todd Hames says behind those factors is Canada’s reputation as a reliable supplier of high-quality grain. Supplied

Savour it: The stars have aligned for crop producers

Demand, prices and shipping are all strong, and that’s not something that happens very often

There’s a huge good news story coming out of 2020 for crop producers. Or rather, three of them — demand is up, prices are good, and shipping is going like gangbusters. “Total volumes are up about 23 per cent year over year,” said Brennan Turner, CEO of online grain-marketing company FarmLead. “We moved about 8.34 […] Read more


U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide. […] Read more

Not everyone has as many bins to fill as this operation east of Didsbury, but most producers in Alberta had their crops off the field much earlier this year. However, yields and quality were a mixed story across the province.

It was about time — harvest a totally different story this year

Yields and quality were all over the map, but most producers were able to get it done much earlier this year

It wasn’t perfect of course, but the difference between this year’s harvest and last year’s hellish one was stark. As of Oct. 6, about 90.2 per cent of crops in the province were off the field — nearly double the dismal 48.4 per cent figure from the province’s harvest report on Oct. 8, 2019. The […] Read more


ICE weekly outlook: Will canola’s bull market continue?

Loonie's strength has oddly little effect

MarketsFarm — Canola has been seeing terrific days on ICE Futures so far in October, thanks to a bull market generated by good demand and further supported by traders looking to roll out of their November contracts as those soon expire. As October winds down, the big question is: will canola’s ride come to an […] Read more

Pulse weekly outlook: Manitoba’s edible beans come off in good shape

MarketsFarm — Manitoba’s edible bean harvest wrapped up in much easier fashion in 2020 compared to the snow delays of the previous year, with relatively good quality and yields, according to early indications. “When you don’t get a major snowstorm on Thanksgiving weekend, it makes a difference,” said Manitoba Agriculture pulse specialist Dennis Lange, noting […] Read more


U.S. grains: Soybeans, corn rise on exports

CBOT December wheat extends rally

Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday on strong export demand while wheat firmed on concerns that dry weather could limit global production, traders said. Soybean futures rose one per cent, with traders shrugging off some much-needed rain in Brazil due to the strong pace of overseas buying. “The grains […] Read more

ICE weekly outlook: Canola firm at midweek

MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions ahead of the November contract’s […] Read more


U.S. grains: Soybeans up on Chinese buying, Brazil weather

Chicago corn, wheat end higher after mixed day

Chicago | Reuters — Chicago soybean futures climbed on Wednesday, supported by renewed exports and dryness in top exporter Brazil, traders said. Corn and wheat futures ended higher after trading both sides of even as markets digested conflicting indicators. The most active soybean contract on the Chicago Board of Trade gained 12-1/4 cents to $10.56-1/4 […] Read more

U.S. grains: Dry weather pushes CBOT wheat, soy to multi-year peaks

Chicago corn also rallies

Chicago | Reuters — U.S. wheat and soybean futures jumped to multi-year highs on Tuesday, supported by concerns about dry weather in key production areas, traders said. Corn futures hit their highest level in 8-1/2 months, joining in the rally as the U.S. harvest pace fell below expectations despite ideal weather for field work. But […] Read more