GFM Network News


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

ICE weekly outlook: Canola steady at midweek

Spring seeding more or less underway

MarketsFarm — After showing considerable strength in prior trading sessions, canola contracts were either side of unchanged at midweek. David Derwin of P.I. Financial in Winnipeg said canola was holding steady in comparison to other vegetable oils. “There’s general weakness in other markets, but canola hasn’t had too much of a move,” he said. Considerable



Ukraine 2020 spring grain sowing one-third complete — ministry

Ukrainian farmers have sown 4.8 million hectares of spring grains as of April 16 or 32 per cent of the expected area of 15.3 million hectares, the Ministry for Development of Economy, Trade and Agriculture said on April 17. The sown area included 872,700 hec­tares of barley, 115,500 hectares of spring wheat and one million