GFM Network News

(Ralph Pearce photo)

U.S. grains: Wheat near limit-up on yield concerns

Chicago | Reuters — U.S. wheat futures surged on Wednesday, supported by concerns about crop shortfalls in key production areas around the globe, traders said. The strength in wheat lifted corn futures to their highest in more than three weeks. Corn also received support from concerns about dry conditions limiting harvest yields in parts of […] Read more

(Dave Bedard photo)

Canada harvests bigger wheat, canola crops despite snowy fall

Reuters — Canada’s wheat and canola crops withstood unfavourable autumn weather, topping Statistics Canada’s previous estimates and last year’s production, according to the government agency’s report on Tuesday. The estimates were met with greater skepticism than usual from traders and analysts, as StatsCan surveyed farmers during unusually snowy, then mild, autumn weather that raised fears […] Read more

A close-up of emerging corn seedlings north of London, Ont. on May 24, 2016. (Ralph Pearce photo)

Pearce: Ontario crop conditions a tale of two scenarios

When it comes to getting a handle on current crop conditions in Ontario, it really depends on who you ask. Conditions and progress in the southern portion of the province vary — some considerably — compared to those in eastern Ontario, particularly where it comes to planting corn and soybeans. If there’s one common theme […] Read more