GFM Network News


Ontario farmers grow corn acres, and a successful livelihood

Amos family in Ontario’s extreme northwest a good example of the pioneering spirit

Reading Time: 6 minutes In 1990, nearly 30 years ago, Amos Brielmann moved his family from Germany to the Rainy River District between Fort Frances and the Manitoba border. They settled on a farm near Pinewood, first working on a beef cattle operation just north of the village. Slowly, they began buying the farm and maintaining the herd and […] Read more

AAFC raises 2019-20 canola, wheat ending stocks

Reading Time: 1 minute MarketsFarm — Canadian ending stocks of canola and wheat will be larger than earlier thought, according to updated supply/demand tables Agriculture and Agri-Food Canada released late Friday. AAFC raised its canola ending stocks estimate for 2019-20 to a record 4.5 million tonnes, up from the August estimate of 3.775 million and the upwardly-revised 2018-19 level […] Read more


Canola deliveries slow as Prairies’ harvest drags

Reading Time: 1 minute MarketsFarm — The slow pace of the canola harvest across Western Canada is limiting farmer deliveries into the commercial elevator system, with a large backlog yet to come. Farmers delivered 187,100 tonnes of canola into the commercial pipeline during the week ended Sunday (Sept. 15), according to the latest Canadian Grain Commission data. That marked […] Read more

Fund short position down in canola, beans

Reading Time: 1 minute MarketsFarm — Fund traders covered some of their large net short positions in canola and soybeans during the week ended Tuesday, while adding to their bearish bets on corn, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures […] Read more


ICE weekly outlook: Uncertainty, lack of farmer selling lift canola bids

Reading Time: 1 minute MarketsFarm — Over the last week or so canola prices have been largely supported by two factors, according to Errol Anderson of Pro Market Communications in Calgary. “To some degree it’s still crop uncertainty and growers aren’t selling.” Cash bids have varied widely, he said, while spot premiums have shot up a bit. “That indicates […] Read more



Funds’ canola short position up, for now

Reading Time: 1 minute MarketsFarm — Fund traders added to their large net short position in canola during the week ended Tuesday (Sept. 10), according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in Tuesday at 73,025, an increase of about 7,000 […] Read more

Statistics Canada boosts crop production estimates

Reading Time: 2 minutes MarketsFarm — Updated model-based production estimates on Thursday from Statistics Canada expect larger yields for most of the major crops grown in the country — and while harvest operations are still ongoing, the actual crops may end up larger still. “All of the numbers are bigger, whether it’s durum, spring wheat, canola,” said analyst Mike […] Read more


ICE weekly outlook: Canola breaks out of week-long funk

Reading Time: 1 minute MarketsFarm — It’s unclear yet what effect Thursday’s satellite field crop estimates from Statistics Canada will have on markets. Canola broke out of a six-day funk Wednesday, trending just slightly higher for the first time since Wednesday last week. Technical biases remain to the downside, as prices hover around contract lows. “There are a lot […] Read more

Frost strikes in numerous spots in Manitoba

Reading Time: 1 minute MarketsFarm — Numerous areas throughout the growing areas of Manitoba experienced frost, according to the province’s crop report for the week ended Monday. The coldest locations were Sprague in the eastern region, Narcisse in the Interlake and Lake Audy in the southwest, which experienced temperatures of -2 C on Sept. 8. Many other areas saw […] Read more