GFM Network News


December StatsCan report could vary from years past

CNS Canada — After this fall’s long, drawn-out harvest, some analysts predict Statistics Canada’s final Production of Principal Field Crops numbers could vary from the usual pattern. StatsCan’s report, due out Thursday, is a “very uncertain” report “because that was probably one of the most bizarre falls we’ve ever had on the Prairies,” said Ken […] Read more




Canola funds bail out of short positions

CNS Canada –– Large speculative traders bailed out of short positions in canola and picked up some new longs during the week ended Tuesday, cutting their net short position sharply, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed money and other reportable speculators reduced their […] Read more





Exchange’s move means ‘zero change’ on canola traders’ screens

CNS Canada — Traders who handle canola futures on the former Winnipeg Commodity Exchange see some question marks ahead as the canola futures market gets set to pack up and move to New York at the end of July, pending regulatory approval. Atlanta-based Intercontinental Exchange (ICE), which has owned Winnipeg’s ICE Futures Canada canola market […] Read more

Trade expecting bigger canola, wheat numbers from StatsCan

Reuters — Canadian farmers harvested the biggest canola crop on record, slightly larger than was expected in September, a Reuters survey of 15 traders and analysts showed ahead of a key government report. Wheat production is also seen higher than earlier expectations, as favourable weather produced big yields. Statistics Canada will release its final crop […] Read more



Canadian canola stocks seen dwindling to four-year low

Winnipeg | Reuters — Canadian stockpiles of canola dwindled to a four-year low ahead of planting season after brisk demand from crushers and exporters, but wheat supplies swelled, according to a Reuters survey of 12 traders and analysts. On Friday, Statistics Canada will estimate crop supplies as of March 31, 2017, from commercial and farm […] Read more