GFM Network News

Farmers often don’t pay attention to the fine print in grain contracts until there’s a problem, which is when it’s too late.

Read the fine print

Novel grain contracts require closer scrutiny

A spate of cases involving a Regina-based canola buyer has farmers across the Prairies paying attention to a legal drama between Saskatchewan producers and Input Capital, which has offered long-term “streaming contracts” for canola. In early May, CBC reported on a class-action lawsuit with six producers accusing the company of predatory lending. Morris Feduk, a

Opinion: What’s the futures market telling us?

Opinion: What’s the futures market telling us?

“Listen to what the futures market is telling you.” That came up in our news feed again last week, and it’s one of those phrases for which you’d like to have a dollar for every time you’ve heard it. It ranks slightly below the frequency for which you’ve heard a grain market adviser tell you

wheat grains in a person't hand

KAP says do homework before selling grain to unfamiliar buyers

History shows sometimes even trusted companies burn farmers

Sellers beware! In the post-monopoly wheat board era many new, unfamiliar grain buyers, often American, are offering to buy western Canadian grain. The Keystone Agricultural Producers (KAP) says farmers should do their homework before striking deals to avoid getting burned. “People will spend two weeks researching which cultivator shovel to buy so it doesn’t wear