GFM Network News

ICE May 2021 canola with Bollinger (20,2) bands. (Barchart)

ICE weekly outlook: Canola fundamentals still strong in volatile market

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, with the largest gains in the old-crop months amid ongoing concerns over tight supplies. Day-to-day activity could remain volatile at times, but underlying fundamentals should remain supportive heading into the 2021 growing season, according to an analyst. While canola futures have traded […] Read more

MGEX May 2021 spring wheat (candlesticks) with 20-day moving average (gray line) and CBOT May 2021 wheat (orange line). (Barchart)

U.S. grains: Wheat lifted on spring planting concerns

Near-term tightness in world supply underpins soy, corn

Chicago | Reuters — Chicago wheat futures gained on Wednesday, following the Minneapolis Grain Exchange’s hard red spring wheat higher on concerns that dryness across the U.S. Great Plains could affect spring wheat plantings. Chicago corn gained ahead of the U.S. Department of Agriculture’s monthly supply and demand report on Friday, which is expected to […] Read more


Not many snow days this past winter

Not many snow days this past winter

Reading Time: < 1 minute It was indeed a dry winter, says the province’s latest soil moisture update, but it also says spring and summer precipitation is what really counts. The March 17 update shows three large areas in the North West, North East, and west part of the Southern regions hit one-in-25-year precipitation lows from mid-September to mid-March. “For […] Read more

(Lightguard/iStock/Getty Images)

Saskatchewan to pare school tax mill rate for farmland

EPT mill rates to rise for residential, other properties

Saskatchewan’s latest budget taps down the education property tax (EPT) mill rate it sets on farmland, while raising those mill rates on other property classes. The provincial government, in Tuesday’s budget, set the provincewide EPT mill rate on agricultural land for 2021 at 1.36, down slightly from the previous rate of 1.43. EPT mill rates […] Read more



CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybean futures advance on supply concerns

Traders watch U.S. planting progress, crop weather

Chicago | Reuters — Chicago Board of Trade soybean futures jumped on Monday on concerns about U.S. supplies dwindling due to strong export demand and smaller-than-expected plantings. The U.S. Department of Agriculture shocked traders last week by reporting that U.S. farmers plan to sow 87.6 million acres with soybeans this spring and 91.1 million acres […] Read more


A live Google map from the evening of March 30, 2021 showing vessels currently at Thunder Bay. (Portofthunderbay.com)

Port of Thunder Bay opens for season

MarketsFarm — The 2021 navigation season is officially underway at the Port of Thunder Bay, as the tugboat Sharon M1 and barge Huron Spirit arrived late Friday. The tug-barge combo discharged a calcium chloride brine solution, used as a stabilizer and dust suppressant. The same combo also opened the season 2020, one year ago to […] Read more

(Strickke/E+/Getty Images)

Top court upholds federal carbon pricing policy

Farm groups, fearing unsustainable costs, press for next steps

Calgary/Ottawa | Reuters — Canada’s Supreme Court ruled in favour of the federal government’s carbon pricing policy on Thursday, upholding a central pillar of Prime Minister Justin’s Trudeau’s climate plan and infuriating some provinces that opposed it. The country’s top court said climate change is a threat to Canada as a whole and upheld the […] Read more



Thanks to Jim Lundgren, who farms at Glenora, Man., about 85 km west of Morden, for this photo of his early start to spring tillage on March 20, 2021, owing to the recent absence of snow and/or rain in the area. Not that it’s a race, but is spring fieldwork already underway where you are? If yes, feel free to snap a photo and email us at daveb@fbcpublishing.com. (Photo courtesy Jim Lundgren)

Manitoba soil temperatures allow for spring fertilizer

Winter ban lifted, with cautions

Farmers across Manitoba are now cleared to apply spring fertilizers including livestock manure on their fields, thanks to sufficiently warm soil temperatures, the province said Tuesday. Though the winter nutrient ban has been lifted, the province cautioned producers to “assess current weather conditions and periodically check weather forecasts” if they’re applying anytime between now and […] Read more


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