GFM Network News



Feed weekly outlook: Prices steady ahead of seeding

MarketsFarm — Feed grain prices have firmed up ahead of seeding, and producers are quick to make room in feed bins ahead of seeding. “New-crop price is significantly lower than old-crop, so at some point they’re going to converge,” said Allen Pirness, senior trader with Market Place Commodities in Lethbridge. Statistics Canada’s crop intentions report, […] Read more





Lagos, the Nigerian capital, is guesstimated to be home to anywhere from 14 million to 21 million people. Not surprisingly, it’s not a stable market but it’s an important one for Prairie farmers, says Sylvan Lake producer Kevin Bender, who travelled to the city last month to promote Canadian wheat.

In the end, the conversation always turns to quality

Whether they make pasta or couscous, blend it or mill it straight, buyers associated Canada with quality wheat

Quality counts, whether in developing markets or established ones. That was a key takeaway for two Prairie farmers who participated in New Crops Missions prior to Christmas. “I was surprised in Ghana that two of the millers were using 100 per cent Canadian wheat,” said Kevin Bender, outgoing Alberta Wheat chair and a Cereals Canada […] Read more

Wheat trade hoping for big export year

CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost prices […] Read more





Wheat futures climbing higher

CNS Canada – North American wheat prices have rallied sharply over the past few weeks and could have more room to go, especially for higher quality and higher protein wheat. After trending lower for most of June and into early July, the Minneapolis December spring wheat contract settled at US$6.2275 per bushel on July 31, […] Read more

No Canadian wheat is unloading in Tokyo or any other Japanese port after a few GM wheat plants were found growing in an Alberta ditch. But officials here say they expect Japan will soon be back in the market, thanks in large part to strong relationships built on openness and trust.

Japan still trusts Canadian wheat system, say officials

Country is a top wheat customer and will continue 
to be despite GM wheat incident, they say

Relationships still matter when it comes to trade, and Alberta officials say those will be key in re-establishing wheat sales with one of the country’s biggest buyers. No sooner had news broken that a small number of genetically modified wheat plants had been found in Alberta than industry reps were arranging to meet with officials […] Read more