GFM Network News


Wheat production in Germany (pictured here) is down as well as in the rest of Europe, Russia, and Australia. The summer’s price bounce is gone but the outlook for wheat prices remains favourable, say market watchers.

Wheat rally stalls at just the wrong time

Prices are off summer highs but a drop in global production sets the stage for another rally this winter

Reading Time: 3 minutes For much of this year’s hot, dry summer, Alberta wheat growers could look forward to higher prices to offset lower production. But now they can’t even count on that — at least not for the foreseeable future. “We have seen prices pulling back a little bit over the last few weeks,” FarmLink’s senior market analyst […] 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









Feed weekly outlook: Prairie grains chopping around

CNS Canada — Dry subsoil moisture conditions and a lack of snow cover in southern Alberta and Saskatchewan continue to create worries for many farmers. Conditions range from abnormally dry in many areas to full-on droughts around Regina and some areas south of Calgary, according to Agriculture and Agri-food Canada. Feed barley bids in the […] Read more