GFM Network News


Crop tour suggests record-large wheat harvest ahead

Winnipeg | Reuters — Canadian farmers are on track to harvest a record-large all-wheat crop, and more canola than last year, due mainly to favourable crop conditions, advisory service FarmLink Marketing Solutions estimated Wednesday. The Winnipeg-based company’s staff toured western Canadian fields during the last two weeks of July. “We expected a big crop and



Canola crops in some spots on the Prairies are currently about a month away from swathing.

Despite bearish pressures, canola remains rangebound

Storms in some areas have built a weather premium into crop values

Canola on the ICE Futures exchange remained locked in a range during the week ended July 23. Canola prices started the week at $485.30 per tonne and were on either side of steady throughout the week. The November contract closed July 23 at $485.40 per tonne. By all accounts, canola prices held up to considerable

CBOT weekly outlook: Spring wheat premium widening over winter wheat

Row crop futures stuck in sideways range

MarketsFarm — All eyes remain on weather conditions in U.S. grain and oilseed markets, with soybeans and corn stuck in sideways patterns while seasonal harvest pressure causes the spring wheat premium to widen over the winter wheats. The advancing winter wheat harvest has weighed on Chicago and Kansas City winter wheat contracts recently, with reports

U.S. grains: Soybeans fall in technical correction

Corn strengthens on ethanol revival; wheat slips as harvest mounts

Chicago | Reuters — Chicago soybean futures closed lower on Monday on technical selling, after reaching a two-month high, following a week of strong export sales. Corn gained as higher oil prices boosted hopes for ethanol demand and concerns loomed over mounting dryness in parts of the Midwest. Wheat slipped as harvests in Texas and


U.S. grains: Soybeans up on China sales hopes

Wheat down on U.S. harvest; rains seen for Black Sea

Chicago | Reuters — U.S. soybean futures hit a three-week high on Tuesday on confirmation of U.S. soy sales to top global importer China and signs of an improving export outlook, traders said. Wheat futures fell as the U.S. winter wheat harvest got rolling while corn ended modestly higher. Chicago Board of Trade July soybeans

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

Union warns of fuel supply disruption in ‘Dear Farmers’ notice

Farmers 'should not be worried,' FCL says

The union representing locked-out workers at Regina’s Co-op Refinery Complex is warning Prairie farmers that a disruption of fuel supplies during seeding could be the “only option” it has in its labour dispute with Federated Co-operatives (FCL). Unifor 594, whose 730-odd members at the CRC were locked out Dec. 5 after serving 48 hours’ strike


This field of soybeans near Altamont was snow covered Oct. 17, 2019, but was eventually harvested last fall. However, more than 400,000 acres of annual insured crops weren’t harvested as of Nov. 20, 2019.

What acres remain from harvest 2019 unclear

It’s believed a lot of corn and sunflowers were combined this winter, but it’s not clear how much of other crops remain to be harvested

Last fall thousands of acres went unharvested because of wet conditions. How much crop was taken off between then and now is unknown, as are the number of acres still worth harvesting. “From what we understand most producers really haven’t been able to address their unharvested acres in any fashion either to combine it, or destroy it, or whatever,” David Van Deynze, Manitoba Agricultural Services Corporation’s