GFM Network News

Auction activity holds up well during pandemic

Cargill resuming operations at High River is seen as supportive

As Manitoba cattle auctions continued to deal with restrictions placed on them due to the COVID-19 pandemic, Pipestone Livestock Sales has held up quite well, according to auctioneer Brock Taylor. “It’s been pretty good out in this area. We have a pretty good set of buyers and they let you know when they’re coming,” he said. With the pandemic, cattle

Soybeans are harvested on a farm on the outskirts of San Jose, in southern Uruguay in this file photo. The latest market intelligence says that country will produce fewer soybeans this season.

More soybean production for Paraguay, less for Uruguay

It’s a tale of two countries in these Latin American nations

Soybean production in Paraguay and Uruguay are headed in opposite directions, as reported by the United States Department of Agriculture (USDA) attaché in Argentina. Production in Paraguay is on the upswing, while it’s declining in Uruguay, but each country is faced with particular problems. For the 2019-20 marketing year, it’s expected Paraguay will produce approximately

Pulse weekly outlook: Manitoba pea plant construction continues

MarketsFarm — Work continues on Roquette’s pea processing plant at Portage la Prairie, Man., where the French plant-protein firm says measures have been taken to meet health and safety regulations regarding the COVID-19 pandemic. “Beginning in early March we proactively started collaborating with contractors on COVID-19 prevention measures, such as increased cleaning of communal spaces

Traders and farmers alike will eventually need some sort of guidance as to what’s being planted in 2020.

Farmers, traders will have to make do without crop area report

StatsCan isn’t sure it has enough information for a credible report

Statistics Canada will not issue its crop area report on April 24 as originally scheduled. The COVID-19 pandemic has forced the federal agency to rethink its tasks, and one major change was to postpone a number of upcoming agricultural reports. Ken Ball, a trader for PI Financial in Winnipeg, suggests the markets can do just