GFM Network News


Flax prices likely to remain flat

MarketsFarm — Although autumn snowfall limited the quality of a lot of Prairie flax, its price has remained flat, according to Brian Johnson of Johnson Seeds at Arborg, Man. While Johnson has seen some instances of No. 1 flax, he said most of what he’s seen has graded Nos. 2 and 3. “The premiums are […] Read more



Pulse weekly outlook: Balance sheet tightening

MarketsFarm — Canadian pea and lentil production failed to live up to earlier projections, according to the latest survey data from Statistics Canada. While both crops are still forecast to be above their year-ago levels, the tightening supply expectations should underpin prices. Canada’s 2019-20 lentil crop was pegged at 2.17 million tonnes in the government […] Read more

StatsCan report puts canola production at lowest since 2015

MarketsFarm — Data from Statistics Canada’s production of principal field crops report, released Friday morning, will likely be supportive of canola values, put pressure on barley, and keep wheat prices steady. In the report, canola production across Canada decreased by 8.3 per cent nationally to 18.6 million tonnes, compared to 2018 production volumes. The decreased […] Read more


Trade’s crop estimates vary ahead of StatsCan report

MarketsFarm — Barley and canola production expectations vary ahead of Statistics Canada’s production of principal field crops report, due out Friday. In September, the federal agency estimated Canada’s barley production to total just less than 10 million tonnes, two million higher than the final count for the 2018-19 growing year. However, some trade estimates are […] Read more






CBOT weekly outlook: Expected U.S. soybean, corn yields down

MarketsFarm –– The U.S. Department of Agriculture (USDA) September supply and demand report saw downward revisions for corn and soybeans, but kept its estimates for wheat where they were in August. The department on Thursday released its new world agricultural supply and demand estimates (WASDE). “Prices rallied after the report came out because of the […] Read more

Statistics Canada boosts crop production estimates

MarketsFarm — Updated model-based production estimates on Thursday from Statistics Canada expect larger yields for most of the major crops grown in the country — and while harvest operations are still ongoing, the actual crops may end up larger still. “All of the numbers are bigger, whether it’s durum, spring wheat, canola,” said analyst Mike […] Read more