GFM Network News


U.S. grains: Soybeans fall as harvest pressure fills bulls’ void

Corn follows soybeans lower; wheat ends slightly higher

Chicago | Reuters — Chicago soybean futures dropped sharply on Monday, as harvest pressure pushed the market lower, traders said. Corn followed soybeans lower, while wheat ended slightly higher on concerns that dryness across the U.S. Great Plains might limit winter wheat growth. Chicago Board of Trade most-active soybeans fell 31-3/4 cents to $10.33-3/4 per […] Read more

Manitoba winter wheat, fall rye seeding deadlines extended

MASC spots growers an extra two weeks

Manitoba’s provincial crop insurance agency will spot growers of fall rye and winter wheat an extra couple of weeks to get insurable crops in the ground. Manitoba Agricultural Services Corp. (MASC) announced Tuesday that growers can get full coverage on winter wheat or fall rye seeded from Aug. 15 to Sept. 25, and reduced coverage […] Read more






The caption on the slide behind Gary Stanford — ‘Mi explotación’ — means ‘My operation.’ Grain buyers, including ones listening to Stanford in Mexico City were keenly interested in the decisions he makes on his Magrath-area farm.

Quality counts and tweets have an impact, grain reps on trade mission learn

A whirlwind tour of Central and South America was an eye-opener for Magrath producer Gary Stanford

Your social media pictures and tweets can actually have an impact on the international grain trade. This was one of the many things Alberta Wheat chair Gary Stanford learned on a two-week New Crop Mission to Central and South America last month. “South American countries are very happy with Canadian wheat, because they have learned […] Read more


Frost strikes in numerous spots in Manitoba

MarketsFarm — Numerous areas throughout the growing areas of Manitoba experienced frost, according to the province’s crop report for the week ended Monday. The coldest locations were Sprague in the eastern region, Narcisse in the Interlake and Lake Audy in the southwest, which experienced temperatures of -2 C on Sept. 8. Many other areas saw […] Read more

A French farmer harvests wheat at sunset at Paillencourt in northern France on July 23, 2019. French wheat production, which survived a record heat wave in June, is one of many factors now weighing on prices.

The news is not good — but it will get better, say market analysts

Harvest is one of the worst times to look for good news in wheat markets, 
but prices should soon rally

It’s not hard to find bad news these days when it comes to wheat markets. Recent news stories include the USDA surprising analysts by raising its production forecast (by 59 million bushels), European wheat fields coming through a record-breaking heat wave in fine shape, and the threat from Black Sea producers continuing to rise. (For […] Read more



Feed weekly outlook: Varying yields make for average crop

MarketsFarm — Feed grain crop yields are expected to be about average across the Prairies as harvest has kicked off. “It appears we’ll have somewhat of an average crop, with a bunch of high-yield areas and a bunch of low yield areas averaged together,” said Jim Beusekom, president of Market Place Commodities in Lethbridge. New-crop […] Read more