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U.S. grains: Rains fuel crop worries, lift corn, soy, wheat

By GFM Network News, Tom Polansek June 20, 2019

Chicago | Reuters — U.S. grain and soybean futures jumped on Thursday as expectations for more rain in the U.S. Midwest heightened worries about bad weather reducing autumn harvests. Forecasts called for rain over the next five days, which would keep some fields too wet to plant and add stress to planted crops that are

A 2017 Chevrolet Silverado pickup. (Media.gm.com)

Canada opens probe into GM pickups, SUVs over brake performance

By GFM Network News, Reuters June 20, 2019

Reuters — Transport Canada, the auto safety regulator, has opened a probe into braking issues in nearly 250,000 General Motors full-size pickups and SUVs after U.S. officials launched a similar probe last year, the agency said on its website. The U.S. National Highway Traffic Safety Administration (NHTSA) in November into 2.73 million U.S. 2014-2016 model

Federal Conservative leader Andrew Scheer speaks during Question Period in the House of Commons in Ottawa on April 10, 2019. (Photo: Reuters/Chris Wattie)

Weather

Tories’ climate plan focused on green investment

By GFM Network News, Gfm Staff June 20, 2019

The federal Conservatives’ proposed replacement for the Liberal government’s framework on climate change offers several shout-outs to farmers, in a document focused on green investment rather than current consumption patterns. The lead opposition party’s plan, launched Wednesday by leader Andrew Scheer, proposes to scrap the Trudeau government’s current carbon pricing plan, which imposes levies on

A Mexican port-of-entry sign on Highway 92 near Naco, Arizona. (Rex_Wholster/iStock/Getty Images)

Markets

Mexico becomes first country to ratify USMCA deal

By GFM Network News June 19, 2019

Mexico City | Reuters — Mexico on Wednesday became the first country to ratify the United States-Mexico-Canada Agreement (USMCA) agreed late last year to replace the North American Free Trade Agreement (NAFTA) at the behest of U.S. President Donald Trump. By a vote of 114 in favour to four against, Mexico’s Senate backed the trade

CBOT July 2019 corn with Bollinger (20,2) bands. (Barchart)

Crops, Markets

U.S. grains: Corn down second session after five-year high

By GFM Network News, Julie Ingwersen June 19, 2019

Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, sagging for a second straight session as an absence of fresh bullish news prompted investors to book profits after multi-year highs set this week. Soybean and wheat futures followed the weak trend, with a few analysts citing improving U.S. weather forecasts.

Wheat in southeastern Saskatchewan on May 31, 2019. (Leeann Minogue photo)

Cereals, Crops, Forages, Weather

Saskatchewan extends greenfeed seeding deadline

By GFM Network News, Gfm Staff June 19, 2019

Saskatchewan farmers who still want to put in cereal crops for greenfeed with crop insurance coverage will get an extra couple of weeks to do so. Saskatchewan Crop Insurance on Wednesday announced an extension on the June 30 deadline for seeding crops for greenfeed, to July 15. Producers who have crop insurance will now be

Crops, Markets

USMCA ratification bill amends Canada Grain Act

By Allan Dawson, GFM Network News June 19, 2019

U.S. complaints that Canada discriminates against its wheat will be addressed, if Canadian legislation to ratify the updated North American Free Trade Agreement becomes law. Bill C-100, the implementing legislation for the United States-Mexico-Canada Agreement (USMCA), received first and second reading in the House of Commons May 29 and last Tuesday (June 11) respectively. It

Crops, Markets, Weather

China, drought, debt shake Canadian farm finances

By GFM Network News, Rod Nickel June 19, 2019

Winnipeg/Ottawa | Reuters — For years, the financial stability of Canadian farmers was the envy of their U.S. counterparts, but rising costs, drought and a dispute with China have weakened their bottom lines. Net incomes plunged last year, and that setback was followed in March by China’s halting purchases of canola, Canada’s biggest crop. Now

Crops, Weather

Prairie drought reaches tipping point

By GFM Network News June 19, 2019

MarketsFarm — The Prairie provinces have been under the influence of a large ridge of high pressure for a number of weeks, which has produced prolonged dryness with little precipitation. That high pressure system has pushed low-pressure, precipitation-carrying systems to the south, where the U.S. Midwest has already received significant rain. Environment Canada estimated the

Crop Report, Weather

Warmer temps stimulate crop growth, insect trapping underway for berthas, diamondback moths

Manitoba Crop Report and Crop Weather report for June 18

By Manitoba Agriculture June 18, 2019

Southwest Region A much-needed rain received across the Southwest this past week. Most areas reported 25 mm or more. Hamiota, Miniota, Newdale, and Rivers reported 25 to 35 mm. Ninette, Souris, and Lenore reported 40 to 60 mm. Daytime temperatures have improved and this will benefit growth; however overnight temperatures still reaching single digit lows.

Daily Network News

B.C. ostriches culled, CFIA confirms

U.S. livestock: Cattle, hogs end week on high note

U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops

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