GFM Network News


Hay shortage in Manitoba Interlake reaches tipping point

Reading Time: < 1 minute MarketsFarm — A state of agricultural emergency has been declared in 12 municipalities, mostly in Manitoba’s Interlake region, due to chronically low hay yields. Drought and grasshoppers have hindered crops to the point that hay production is about 25 to 30 per cent of average. “We’ve moved cows out of pastures because the grasshoppers ate […] Read more

Cash wheat: Western Canadian bids mixed

Reading Time: 2 minutes MarketsFarm — Wheat bids in Western Canada were mixed for the week ended Thursday. Small gains and marginal losses were observed in CWRS, CPSR and durum wheats. Average CWRS (Canada Western Red Spring, 13.5 per cent protein) wheat prices were down $3-$5 per tonne at most locations. The outlier was in northwestern Saskatchewan, where prices […] Read more


Large oat production won’t move prices

Reading Time: < 1 minute MarketsFarm — While the most recent crop production report from Statistics Canada predicted significantly more oats than originally expected, prices will likely remain stable. Statistics Canada estimated 3.952 million tonnes of oats will be grown in 2019, up considerably from the 3.436 million tonnes produced in 2018. But low carryover stocks from previous years means […] Read more

CBOT weekly outlook: Traders watching weather

Reading Time: < 1 minute MarketsFarm — Corn contracts have tested contract lows on the Chicago Board of Trade, and markets are in need of a bounce. “If contract lows get taken out, you’re talking almost another 10 cents to the downside,” said Steve Georgy, president of Allendale Inc. at McHenry, Illinois. “It’s going to be very important for us […] Read more


Hemp yield uncertain ahead of harvest

Reading Time: 2 minutes MarketsFarm — While Canada’s licensed hemp acreage nearly doubled from 2018 to 2019, yield estimates will remain uncertain until licensed producers report their crops to Health Canada after harvest. “Health Canada, for the first time, will be collecting information on hemp acres that were seeded, rather than hemp acres that were licensed,” said Ted Haney, […] Read more



StatsCan production report may show stronger yields

Reading Time: 2 minutes MarketsFarm — A challenging growing season across the Prairies has left questions in the market ahead of Statistics Canada’s production report, due out Wednesday. “It’s hard to get a handle on canola this year because, at this stage, the farmers are going to be a bit conservative and err on the side of caution,” said […] Read more

Feed weekly outlook: Old-, new-crop barley prices converge

Reading Time: < 1 minute MarketsFarm — Feed grains prices have been softening as old-crop and new-crop prices converge during harvest. Tracy Green, a grain broker with Market Master Ltd. in Edmonton, said Feedlot Alley is “well-covered” and waiting for harvest. However, buyers in central Alberta are seeing prices around $237 delivered for old-crop barley. For deliveries into Lethbridge for […] Read more



Saskatchewan mustard crop poised for strong finish

Reading Time: < 1 minute MarketsFarm — Mustard crops in southwestern and south-central Saskatchewan may have received enough rain to turn themselves around after a dry spring. “The area south of Highway 1 saw a lot of rain this year,” said Kevin Hursh, executive director of the Saskatchewan Mustard Development Commission. “They’ve seen a huge turnaround in their crop potentials.” […] Read more