GFM Network News


Floodwaters surround Shell’s Norco fuel refinery site after Hurricane Ida pummeled Norco, La., west of New Orleans, on Aug. 30, 2021. (File photo: Reuters/Devika Krishna Kumar)

CBOT weekly outlook: Soybeans, corn looking past hurricane

Reading Time: 2 minutes MarketsFarm — Hurricane Ida has wreaked havoc on the U.S. Gulf Coast, pressuring Chicago Board of Trade soybean and corn futures as exports face disruptions — but the market is reacting more to what’s coming next than what has already happened, an analyst says. “I don’t know what the ramifications, if any, are for the […] Read more

A barley crop south of Ethelton, Sask. on July 30, 2019. (Dave Bedard photo)

Feed weekly outlook: New crop expected to stabilize feed prices

Drought will drag Prairies' yields much lower

Reading Time: < 1 minute MarketsFarm — New crop is starting to make its way into feed grain bins as the annual harvest gets underway in Alberta. However, due to the drought conditions which have enveloped Western Canada, yields will be much lower than normal. “(The yields are) generally lower than expected and (there’s been) some disappointment,” said Allen Pirness, […] Read more



Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: Pulse trade with India strong, but flawed

Reading Time: 2 minutes MarketsFarm — India remains as the largest international buyer of Canadian lentils, despite factors affecting trade between the two countries. While Western Canada deals with drought conditions which have likely lowered this year’s lentil crop, the Indian government’s restrictions on imports have threatened to hinder Canadian exports. “Despite tariffs and technical measures in place that […] Read more


Photo: File

Alberta reckons with poor quality, low crop yields

Reading Time: 2 minutes MarketsFarm – Crops in Alberta will not only have much lower yields than in previous years, but good quality crops will be harder to find. Provincial crop condition ratings declined over the past two weeks, according to the Province of Alberta’s biweekly crop report as of Aug. 10, which was released three days later. Only […] Read more



Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices to decline in September

Reading Time: < 1 minute MarketsFarm – As the harvest approaches, the yield potential for feed grains in Alberta may depend on where they are grown, according to Erin Harakal, trade manager for Agfinity Inc. in Stony Plain, Alta. “From what I hear, it’s going to be a bit lower (than average), (but) I think it’s going to be a […] Read more




Photo: File

Feed weekly outlook: DDGs becoming another feed option

Reading Time: 2 minutes MarketsFarm – As traditional feed grains such as barley and wheat become more expensive due to persistent drought-like conditions in the Prairies, many feedlots are using alternative sources of feed for their animals. Dried distillers grains with solubles (DDGs), the grain by-products which remain after starch has been fermented through the making of alcohol or […] Read more