GFM Network News


CWRS bids edge lower with Minneapolis futures, CPSR up

Reading Time: 2 minutes MarketsFarm – Wheat bids in Western Canada were mixed during the week ended Nov. 7, with a steady to lower tone in Canada Western Red Spring Wheat as a downtrend in the Minneapolis future weighed on values. However, the Chicago and Kansas City winter wheat contracts trended higher, which underpinned Canada Prairie Spring Red (CPSR) […] Read more

Fund traders increase canola short position

Reading Time: 1 minute MarketsFarm – Commodity fund traders added to their net short positions in canola and corn over the past week, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). Managed money traders were also on the sell side in soybeans, reducing their net long position in […] Read more


Feed weekly outlook: Barley, feed wheat at par in southern Alberta

Reading Time: 1 minute MarketsFarm – Feed barley prices in southern Alberta’s feedlot alley moved higher over the past few weeks, but the price rise will likely slow down as barley trades at par with feed wheat. Feed barley and feed wheat are both currently trading at around C$225 per tonne delivered into Lethbridge, Alta. “That’s a sell signal […] Read more



Bearish fund traders add to shorts in canola and corn

Reading Time: 1 minute MarketsFarm – Commodity fund traders added to their net short positions in canola and corn, while they maintained a steady position in soybeans, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC) as of Nov. 1. The net managed money short position in ICE Futures […] Read more



Prairie oats market stable, but strong

Reading Time: 2 minutes Oats bids in Western Canada have stabilized for the time being, as the weather concerns that propped up the market at the beginning of the month are largely factored in. “It’s a pretty stable market. Stable, but strong,” said Scott Shiels, of Grain Millers Inc. in Yorkton, Sask. Prices moved up at the beginning of […] Read more



ICE weekly outlook: Rangebound canola vulnerable to losses

Reading Time: 1 minute MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market Communications in Calgary. “Canola is […] Read more