GFM Network News


A Chinese ship is loaded with soybeans at Port of Santos May 19, 2015.

Domestic and export demand support canola

Guided by bullish chart signals, speculators are adding to their long positions

ICE canola futures kept climbing during the week ended Nov. 20, hitting multi-year highs and showing no signs of slowing the uptrend. Aside from a brief blip on the charts in 2017, when the July contract was expiring, the nearby canola market has not traded above $550 per tonne for any extended period of time since 2013. January canola first settled

Farmers retrieve beans from Global Grain

That will cut the amount of security money needed to cover what farmers are owed

The Canadian Grain Commission (CGC) is still tallying how much farmers are owed by Global Grain Canada Ltd. at Plum Coulee, Man. for dry beans they delivered to the firm but weren’t paid for. However, the potential for farmers not getting what they are owed has been reduced, CGC spokesman Remi Gosselin said in an


Farmers recently lined up at Global Grain’s Plum Coulee facility to retrieve their edible beans.

Farmers retrieve beans from Global Grain in wake of insolvency

That will cut the amount of security money needed to cover what farmers are owed

Many farmers who were owned by Global Grain Canada of Plum Coulee have gotten their goods back. The Canadian Grain Commission (CGC) is still tallying how much farmers are owed, but CGC spokesman Remi Gosselin said in an interview Nov. 20 that figure has come down as physical stocks of edible beans are returned to

Canadian Grain Commission 2020 crop quality info

Besides a good-quality crop of Canada Western Red Spring wheat in 2020, the quality of other western Canadian crops harvested in 2020 is good too, says Daryl Beswitherick, the Canadian Grain Commission’s program manager for national inspection standards. Canola “Grade-wise it was fantastic,” Beswitherick said in an interview Nov. 9. This year 92.5 per cent

Agricultural commodities and agri-foods account for one-third of Canada’s total exports to China.


Why the Chinese market is so critical to Canadian farmers

Trading with China is important for Canada, but especially for its farmers. China is Canada’s second-biggest export market for agricultural goods behind the United States, says a recent report from the Canada West Foundation. “The significance of this growing trade with China is of particular concern for Western Canada which ships close to two-thirds of


CFIA to consult on new near-meat, non-meat guidelines

Clarity for labels, promotion, composition to be considered

“Greater clarity” in federal guidelines for the makeup and labels of “simulated” meat and poultry products is the end zone for a new round of consultations underway for the next month. The Canadian Food Inspection Agency on Tuesday announced the launch for the public consultation, which includes an online survey and runs until Dec. 3.

Three pulse and special crop buyers’ CGC licenses suspended

If you're owed money for grain delivered to Globeways Canada, Global Grain Canada or Canpulse Foods contact the CGC right away

Farmers who haven’t been paid for grain delivered to Globeways Canada, Global Grain Canada or Canpulse Foods should contact the Canadian Grain Commission (CGC) as soon as possible. The CGC suspended the licenses of all three for 30 days effective Saturday after it was notified the firms no longer had security to cover money owed

Every year farmers vote on varieties while sowing their crops, and MASC has just released the latest data.

Manitoba’s top crops in 2020

MASC’s annual 2020 market share report reveals most popular crops and varieties

[UPDATE: Oct. 30, 2020] Manitoba’s top four insured crops in 2020 are unchanged from 2019, the Manitoba Agricultural Services Corporation’s (MASC) 2020 variety market share report shows. Canola leads the way followed by red spring wheat (varieties in the Canada Western Red Spring class), soybeans and oats. Why it matters: Manitoba Agricultural Services Corporation’s annual


Despite its continuing challenges in the Chinese market, overall export traffic in Canadian canola is way up from last year at this time.

‘Strange little rally’ benefits Prairie farmers

Canola values got a boost from traders covering their shorts

It’s rather rare to see canola show a good measure of independent strength, but that happened this month. Contracts reached highs that haven’t been seen in a number of years. For example, the price of ICE Futures’ January canola contract had climbed almost $30 per tonne since the end of September alone. That was preceded

Average crop yields and widespread insect issues seen in 2020

FINAL REPORT: Manitoba Agriculture Crop Report Summary for 2020

Southwest Region A wet fall in 2019 meant unharvested crops from the previous year had to be dealt with this spring. A large number of canola swathes were left in the field, together with severely lodged flax. Much of the remaining flax was burnt. Starting weather conditions for seeding were optimum in the Southwest region