GFM Network News


Pulse weekly outlook: Chickpea market under pressure

Current crop up against disease issues

MarketsFarm — Lost demand due to the COVID-19 pandemic is keeping pressure on the Canadian chickpea market, despite disease issues causing problems for nearly a third of the country’s crop, according to an industry source. After disease caused problems for chickpeas in some areas of southern Saskatchewan in 2019, the radius of the problem area […] Read more

U.S. farming body, Zambian firm partner aim to boost crop yields

Country rebuilding drought-battered ag sector

Lusaka | Reuters — A U.S. non-profit organization has launched a US$40 million joint venture with one of Zambia’s top farm suppliers to boost crop yields and food security as farmers struggle to access finance amid the COVID-19 pandemic, the local company said on Sunday. The chairman of African Green Resources (AGR), Zuneid Yousuf, said […] Read more


Strong demand supports sunflowers

MarketsFarm — Global demand for sunflower oil is steadily increasing, according to Scoular’s Robert Deraas. Deraas, director of the Scoular Co.’s sunflower and bird food division, explained Wednesday at CropConnect in Winnipeg that the majority of Canadian sunflowers are grown for oil purposes. Increases in demand are driven largely by health-conscious consumers who use sunflower […] Read more

Variable yields supportive for mustard prices

MarketsFarm — Statistics Canada’s principal field crop production report last week estimated a significant drop in Canada’s 2019 mustard production. In September, the agency estimated Canadian mustard would total about 141,000 tonnes. However, due to challenging growing conditions and a slight reduction in acreage, the StatsCan estimates released Friday were revised downward to 134,600 tonnes. […] 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

ICE weekly outlook: Canola trade’s eyes on StatsCan report

MarketsFarm — Although Agriculture and Agri-Food Canada (AAFC) released its production forecast Wednesday, markets are focused on next week’s production report from Statistics Canada — a survey-based report which should provide a clearer picture of what’s to come. AAFC’s August report kept the canola production estimate at July’s 18.575 million tonnes. “Maybe we’ll see if […] 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

Rain has greatly boosted prospects in the north and central areas, but much of the south and Peace are bone dry.

Rain turns fortunes around for many, but not all

In the north and central regions, crops are looking very good, but the south and Peace are suffering

Some much-needed moisture during the month of June may have turned this year’s crop prospects around — at least in some parts of the province. “It’s been an interesting growing season so far — from a very dry May to the central areas getting quite a bit of precipitation in June,” provincial crop specialist Mark […] Read more