GFM Network News


Ukraine’s wheat sales close to reaching 2019-20 export quota limit

Ukraine’s wheat sales have reached 19.925 million tonnes as of May 22, leaving only 275,000 tonnes available for export over the rest of the season which runs until June 30, Economy Ministry data showed. The ministry said in response it would not increase the wheat export quota for the current season which is 20.2 million

U.S. grains: Soybeans end fractionally lower amid China trade woes

Corn pulls back on fair weather; wheat slips as U.S. harvest gets underway

Chicago | Reuters — U.S. soybean futures closed fractionally lower after a choppy session on Monday as brokers weighed pressure from rising U.S.-China trade tensions against news of fresh U.S. soybean sales to the Asian country, traders said. Corn fell on an above-average planting pace and fair weather forecasts across the Midwest that should support


PHOTOS: Harvest up in smoke

The “harvest from hell” of last year is going up in smoke for many farmers this spring as farmers across the province are taking the torch to unharvested fields. The photos here show a blackened field edge before the main field was set ablaze. Using a quad and other off-road vehicles both saved time and

A lot of unharvested canola and wheat acres stayed behind on Manitoba fields over the winter due to poor harvest weather last fall, but what remained this spring may not be all that bad.

Most unharvested canola still has value: MASC

The quality of much of Manitoba’s overwintered wheat was worse than expected

Most of the unharvested, insured crop in Manitoba fields is still worth harvesting, according to the Manitoba Agricultural Services Corporation (MASC). “We feel we’ve addressed the (insured) fields that everybody agrees aren’t worth combining,” David Van Deynze, MASC’s vice-president of innovation and product support said in an interview May 21. There are anecdotal reports of farmers frustrated with MASC for



U.S. grains: Corn, soybeans slide on China tensions

Midwest weather poses risks for wheat

Chicago | Reuters — U.S. corn and soybean futures fell on Friday as escalating U.S.-China tensions over Beijing’s proposed restrictions on Hong Kong dampened markets after a week of gains. Three sources told Reuters China may reduce U.S. agricultural imports if Washington issues a severe response to Beijing’s push to impose national security laws on

U.S. grains: Corn, wheat up as weather, currency spark short-covering

Hong Kong row tempers hopes of China demand for U.S. soy

Chicago | Reuters — U.S. corn futures jumped on Thursday to a five-week high as a weaker dollar, forecasts for hotter, drier weather in the Midwest corn belt and a further rebound in ethanol production triggered bargain buying and short-covering by managed funds. Wheat futures also rallied on expanding dryness across the Plains wheat belt

Bibeau faces off with opposition MPs over pandemic supports

The government is under pressure to come up with more farm aid

Minister of Agriculture and Agri-Food Marie-Claude Bibeau confirmed to a parliamentary committee that the cost of business risk management (BRM) programs would exceed its usual expense because of COVID-19. Typically around $1.6 billion is spent on the programming each year, but earlier this month Bibeau told the Standing Committee on Agriculture and Agri-Food the amount


Feed weekly outlook: Cheaper corn to temper rising barley bids

Lack of farmer selling a factor in bids

MarketsFarm — Rising feed barley prices in Western Canada may be nearing their upper limit, as end users look to add more cheaper corn to their rations. “The higher that barley and wheat get, the more attractive corn gets,” said Mike Fleischhauer of Eagle Commodities in Lethbridge. “If barley and wheat go any higher, we’ll

Crop tour projects 2020 Kansas wheat crop at 284.4 mln bushels

Reuters – Crop scouts who conducted a three-day tour of hard red winter wheat fields in Kansas, the top U.S. wheat producer last year, estimated the state’s 2020 crop at 284.4 million bushels, organizers said in an online meeting May 21. The average yield from fields scouted on this week’s tour was 44.5 bushels per