GFM Network News


MGEX July 2021 spring wheat (candlesticks) with CBOT and K.C. July 2021 winter wheats (yellow and green lines). (Barchart)

CBOT weekly outlook: MGEX wheat spread widens over winter wheats

MarketsFarm — Hot, dry growing conditions in key spring wheat-growing regions of the northern U.S. and Canadian Prairies have seen Minneapolis (MGEX) spring wheat futures widen their spread over Chicago and Kansas City winter wheat contracts over the past few weeks — with additional strength likely given the current weather forecasts. Nearby spring wheat futures, […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)

Feed weekly outlook: Western Canadian market stabilizing

MarketsFarm — Western Canadian feed grain prices have come under pressure over the last month, but appear to be stabilizing as attention turns to spring seeding across the Prairies. “We’ve been steadily dropping for the past few weeks, and it’s leveled out now,” said Tracey Green, grain broker with Market Master Ltd. in Edmonton. Buyers […] Read more



Mildew damage on individual kernels of CWRS wheat. (GrainsCanada.gc.ca)

Canada resets mildew grading standards on milling wheat

Canada’s visual grading standards for mildew in Prairie milling wheat have been relaxed to reflect what’s now known about the actual quality of affected wheat. The Canadian Grain Commission on Friday announced new mildew guidelines, “effective immediately,” for western Canadian milling wheat classes, to allow for an “increased presence” of mildew in visual guides and […] Read more


(Photo courtesy Canada Beef Inc.)

Prairie feed wheat relatively strong against milling wheat

CNS Canada –– Relative strength in the feed wheat market in Western Canada compared to milling wheat is making feed channels a more attractive option for some growers with lower-end milling wheat left to sell. “Right now, feed is pretty well on par with a lot of the base milling-grade wheats,” said Jared Seitz, trade […] Read more