GFM Network News


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Prairie cash wheat: Prices rise as worldwide stocks fall

U.S. December wheat futures up on week

Reading Time: 2 minutes MarketsFarm — Continued tightening of worldwide wheat stocks has raised spring wheat prices in Western Canada during the week ended Thursday. As winter wheat planting in North America and Europe begins, dry conditions remain a threat not only in North America, but also in Argentina and Russia. The U.S. Department of Agriculture (USDA) also predicts […] Read more

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Feed weekly outlook: U.S. corn imports to supplement tight supplies

Feeders seeking barley would 'have to pay up'

Reading Time: < 1 minute MarketsFarm — The looming corn harvest in the United States should keep a lid on rising feed grain prices in Western Canada, with more corn expected to make its way into Canadian feedlots this winter. “U.S. corn should start landing in Lethbridge sometime in October or early November,” said Jim Beusekom, of MarketPlace Commodities at […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Incoming corn pressures barley, wheat

Reading Time: < 1 minute MarketsFarm — Pressure from forthcoming corn imports from the U.S. have been driving down feed prices for barley and wheat in Saskatchewan and Manitoba, according to Evan Peterson, trader with JGL Commodities in Saskatoon. Meanwhile, prices in Alberta held steady. “We’re seeing some decent coverage right now on the feeder side. We’re waiting for the […] Read more

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Prairie cash wheat: Spring wheat bids mixed, durum jumps

U.S. December wheat futures down on week

Reading Time: 2 minutes MarketsFarm — Increased worldwide demand for wheat and precipitation across the Prairies have resulted in mixed spring wheat bids for the week ended Thursday. Scattered showers across wheat-growing areas in Western Canada, as well as the ongoing spring wheat harvest, have brought downward pressure on the markets. The rising Canadian dollar also served to lower […] Read more


A corn crop near London, Ont. in July 2021. Relatively good yields down east may lead to more Prairie livestock feeders “jumping on the corn bandwagon.” (Farmtario photo by John Greig)

Feed weekly outlook: Crop estimates show severity of drought

'Corn bandwagon' filling up

Reading Time: 2 minutes MarketsFarm — Preliminary crop yield estimates released by Statistics Canada on Monday outlined just how severely the drought in Western Canada cut into production. Mike Fleischhauer, general manager for Eagle Commodities at Lethbridge, Alta., was not at all surprised by the numbers. “I think we knew that was happening all along,” he said. “There are […] Read more

CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and black lines). (Barchart)

Tight supplies underpin oat bids with demand rationing expected

Reading Time: < 1 minute Corrected, Sept. 3 — MarketsFarm — Canadian oat prices should remain well supported over the next year given the smaller crop, but some demand will likely back away as buyers look for cheaper alternatives. While most of his customers were still taking delivery on existing contracts and not yet in the spot market, Ryan McKnight […] Read more


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Thunder Bay reports rare inbound grain shipment

Reading Time: < 1 minute MarketsFarm — Grain movement at the Port of Thunder Bay included a rare inbound cargo of feed wheat, according to the port’s latest monthly report. A 12,000-tonne shipment of feed wheat was delivered to Richardson’s Current River elevator from the company’s facility in Hamilton, Ont. The wheat was said to be destined for Manitoba feedlots, […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Feed weekly outlook: No surprises in latest barley numbers

Reading Time: 2 minutes MarketsFarm — Following the release of monthly supply and demand estimates from Agriculture and Agri-Food Canada (AAFC) Thursday, Brandon Motz of CorNine Commodities at Lacombe, Alta. wasn’t surprised at how low the numbers dropped, particularly for barley. Motz commented the harvest hasn’t been as good as initially thought, noting the AAFC report confirmed the situation […] Read more


Since 2013, the University of Alberta’s wheat-breeding program has developed 14 new wheat varieties for western Canadian farmers.

Renowned U of A wheat-breeding program hanging on — for now

It’s now releasing new varieties but government cuts threaten program’s revival, says top breeder

Reading Time: 3 minutes Further cuts to post-secondary institutions could lead to the “canola-ization” of wheat breeding. And that’s not a good thing, says one of the country’s top wheat breeders. “I think farmers would say the canola experience is a mistake — letting private enterprise take it over,” said University of Alberta professor, Dean Spaner. “Effectively, they’re breeding […] Read more

Grain storage at a Russian seaport. (Pridannikov/iStock/Getty Images)

Tax, competition expected to prolong Russian wheat export season

Tax complicates forward sales for exporters

Reading Time: 2 minutes Moscow | Reuters — Exports of Russian wheat will stretch well into the second half of the season as Moscow’s export tax and tough competition with Ukraine and Romania slow sales until the end of 2021, traders and analysts said. Russia, the world’s largest exporter of wheat, generally sells most of its crop during the […] Read more