GFM Network News


Grain growers are up against an added layer of uncertainty as they get ready for spring seeding and, in some cases, to complete last fall’s harvest.

Currency weakness supportive for Canadian-grown commodities

Wheat futures drew some strength from demand for shelf-stable goods

It’s a fluid situation’ was the phrase of the week as the COVID-19 coronavirus pandemic infected everything it touched. The grains and oilseeds were not immune to the large swings seen in the global financial markets, but did manage to hold up reasonably well, all things considered. Social isolation, quarantines, travel restrictions and general worldwide

Live cattle futures drag on local prices

Time is the insulator for prices in lighter-weight cattle, for now

Plummeting live cattle futures put pressure on local heavyweight cattle prices at Manitoba’s cattle auctions during the week ended March 6. Allan Munroe of Killarney Auction Mart noted “a large price slide” between 600- and 800-lb. cattle, as prices for lighter cattle remain strong. Last week, 700- to 800-lb. feeder cattle were priced between $180



Chicago cattle futures pull some bids lower

Manitoba buyers are very sensitive on cattle weights at the moment


Activity was mixed at Manitoba’s cattle auction yards during the week ended Jan. 23, with Ag Days in Brandon likely limiting some of the action on the western side of the province as producers took in the show. Numbers in the west were expected to pick up the following week, while steady trade was anticipated

Average (CWRS) prices ranged from about $229 per tonne in western Manitoba to as high as $250 in southern Alberta.

Prairie CWRS bids firm as other classes edge lower

Minneapolis and Kansas City May wheat futures both rose on the week

Western Canadian wheat bids were mixed during the week ended April 12, reacting to activity in U.S. futures and a firmer Canadian dollar, with gains in hard red spring wheat and losses in Prairie spring wheat. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $1-$5 per tonne at


(CPSR) prices ranged from $210 per tonne in southeastern Saskatchewan to $225 per tonne in southern Alberta.

Western Canadian wheat bids mixed on the week

Chicago and K.C. May wheat futures dropped significantly from the previous week

Wheat bids in Western Canada were mixed for the week ended March 1, as the Canadian dollar lost ground during the week and U.S. futures dropped. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by $1 per tonne on the low side, but gained to $11 per tonne on

Political unease with China is creating a lot of uncertainty in canola markets.

Concerns over demand from China drag on canola values

U.S. traders remain cautious with no trade deal yet set

ICE Futures canola contracts crashed and burned during the week ended March 1, hitting fresh lows in the front months every day of the week. Concerns over Chinese demand coupled with bearish technical signals accounted for much of the selling pressure. While Canadian political attention was largely on other matters during the week, the simmering

Average (CWRS) prices ranged from about $248 per tonne in western Manitoba and southeastern Saskatchewan to as high as $269 in southern Alberta.

Red spring wheat loses ground on Prairies

Minneapolis, Kansas City and Chicago March wheat futures were down on the week

Wheat bids in Western Canada were largely down for the week ended Feb. 8 as losses in U.S. futures countered the supportive influence of a weaker Canadian dollar. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down by about $2, according to price quotes from a cross-section of delivery points


Red spring wheat bids down, durum up on Prairies

MGEX and CBOT March wheat both rose on the week, while K.C. wheat slipped

Wheat bids in Western Canada were largely down for the week ended Feb. 1 as the Canadian dollar made gains on the week. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were down $2-$3, according to price quotes from a cross-section of delivery points compiled by PDQ (Price and Data Quotes).