GFM Network News


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Rains, lower demand pressure grain bids

Old-crop demand 'not that strong anymore'

Reading Time: 2 minutes MarketsFarm — With feedlots across Western Canada already stocked up on feed barley and wheat for their animals, reduced demand for those crops and recent wet weather have left high-delivered bids mixed. According to Prairie Ag Hotwire data from Wednesday, high-delivered bids for feed barley remained steady in Saskatchewan at $6 per bushel, went down […] Read more

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Prairie cash wheat: Bids correct higher

U.S. wheat futures up on week

Reading Time: 2 minutes MarketsFarm — Wheat bids across Western Canada moved higher during the week ended Thursday, as U.S. futures saw a corrective bounce after falling to their softest levels in over a month. Average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were up by $8.50-$9 per tonne, according to price quotes from a […] Read more


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IGC expects larger world grain crop but tighter stocks

Reading Time: < 1 minute MarketsFarm — World grain production is forecast to hit a new record in 2021-22, but increasing demand should still cause ending stocks to tighten to their lowest level in seven years, according to updated projections from the International Grains Council. Total grain production — which includes wheat, corn and other coarse grains — is forecast […] Read more

Seeding ultra early can produce good or better yield, says Graham Collier, a PhD candidate in agronomy at the University of Alberta.

Strong wheat yields possible in ultra-early seeding system

Study finds producers in some parts of the province may be able to seed their wheat as early as mid-February

Reading Time: 6 minutes Glacier FarmMedia – Graham Collier’s grandfather used to time his seeding by the frogs. Once the frogs started singing in the spring, he knew the ground was thawed and it was time to get out into the field. Now, Collier is working on a less esoteric but still uncommon way to time wheat seeding — […] Read more


(MarketsFarm photo by Glen Hallick)

Last year’s flour output up in most categories

Reading Time: 2 minutes MarketsFarm — Statistics Canada reported on Monday that Canadian wheat millers processed 3.267 million tonnes of all wheat in 2020 — a slight increase of about 2.1 per cent over 2019, keeping flour processing on the rise over the last four years. There were also year-to-year increases in the other categories tracked by the federal […] Read more

CBOT July 2021 corn (blue high/low/close) and CBOT July 2021 wheat (red HLC). (Barchart)

Feed weekly outlook: Falling futures suggest first cracks in lofty market

Reading Time: < 1 minute MarketsFarm — A sharp drop in corn and wheat futures prices at the Chicago Board of Trade over the past week could be the sign of the first cracks in the western Canadian feed grain market. That said, tight supplies and uncertainty over new-crop grain production remain supportive. “With the move on the futures market […] Read more


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USDA expects record world wheat crop in 2021-22

Reading Time: < 1 minute MarketsFarm — The latest U.S. forecast puts world wheat production at a new record in 2021-22, with bigger crops in a number of countries more than offsetting expected decreases in Canada and Australia. According to the first outlook for the marketing year from the U.S. Department of Agriculture, total world wheat production for 2021-22 is […] Read more

(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Prices taper off ahead of report

Feedlots 'not eating as much grain'

Reading Time: < 1 minute MarketsFarm — While prices for feed wheat and feed barley in Western Canada remain substantially higher than one year ago, the past month has seen slight declines. As of Wednesday, high-delivered bids for feed wheat were at least $7.25 per bushel, more than $1.50 higher than last year according to Prairie Ag Hotwire. However, over […] Read more


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Prairie cash wheat: Bids soar after weather events

U.S. May wheat futures up on week

Reading Time: 2 minutes MarketsFarm — Cash bids for Prairie wheat jumped as wintry weather made its way across the Prairies and U.S. northern Plains during the week ending Thursday. Wheat futures in the U.S. rose due to spillover from soybeans. However, a stronger Canadian dollar tempered Prairie wheat prices. Manitoba and Saskatchewan, as well as Montana, North Dakota […] Read more

MGEX May 2021 wheat (candlesticks) with K.C. May 2021 wheat (yellow line) and CBOT May 2021 wheat (green line). (Barchart)

Spring wheat slowly regains premiums

Reading Time: 2 minutes MarketsFarm — Nearby Minneapolis spring wheat contracts have historically traded at a premium compared to their Chicago and Kansas City soft wheat counterparts. And after a winter during which that premium had all but disappeared, spring wheat has so far made gains in 2021. Since the start of the year, both spring wheat contracts have […] Read more