GFM Network News


CBOT weekly outlook: Export demand supports wheat, soy

Lower U.S. dollar also supportive

MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. Dry growing conditions in Ukraine,

Manitoba winter wheat, fall rye seeding deadlines extended

MASC spots growers an extra two weeks

Manitoba’s provincial crop insurance agency will spot growers of fall rye and winter wheat an extra couple of weeks to get insurable crops in the ground. Manitoba Agricultural Services Corp. (MASC) announced Tuesday that growers can get full coverage on winter wheat or fall rye seeded from Aug. 15 to Sept. 25, and reduced coverage


Feed weekly outlook: Belated new crop props up barley

MarketsFarm — Delayed spring seeding means new-crop feed barley has a few more weeks left in the field, which is keeping old-crop prices strong into summertime. “We were expecting new-crop barley in the end of July, but with the later seeding date this year we’re not expecting to see new crop until at least mid-

Attention turns to yield potential after StatsCan report

Future tweaks to acreage numbers seen as unlikely to sway markets

MarketsFarm — Updated acreage estimates from Statistics Canada came largely within market expectations, with the focus now shifting to growing conditions and yield potential. The survey was completed in early June “and may not have captured all of the seeding delays and potential shifts that may have happened in central/northern Alberta and northwestern Saskatchewan because



A field in the Interlake, May 23. Some fields in Manitoba are in need of rain while others have been so wet they've sunk equipment up to the axles in mud.

A tale of two springs

This spring has created a sharp divide with some producers wrapping up, while others have been stuck

Growers would greet a rainfall very differently right now, depending on where they are in the province. For producers in the southeast and the eastern stretches of central Manitoba, rain is probably a welcome sight with crops in the ground and little precipitation so far this spring. Others, who have watched equipment sink down to


U.S. grains: Corn, soybeans drift lower on favourable crop prospects

CBOT July wheat up on short-covering

Chicago | Reuters — U.S. corn and soybean futures drifted lower on Thursday as generally favourable U.S. Midwest crop weather bolstered expectations for large harvests, analysts said. “We just don’t have enough demand … to overcome the good growing conditions that are seen across the Midwest,” said Brian Hoops, president of Midwest Market Solutions. So



Ellis Seeds burns an unharvested flax field near Wawanesa this spring after quality samples deemed it not worth harvesting.

Cold spring keeps a tight leash on seeding

Farmers are bemoaning the late start to seeding, on top of the issues carried over from last fall

Farmers across Manitoba were ready to hit the field by early May, but Mother Nature wasn’t co-operating. Cold temperatures delayed seeding across the province through the first part of May. According to the first Manitoba crop report May 5, producers had only managed a “piecemeal approach” to seeding at that point. Why it matters: Farmers