GFM Network News


Pulse weekly outlook: Strong demand supporting pea prices

Reading Time: < 1 minute MarketsFarm — There has continued to be a strong demand for peas, as demonstrated by data from the Canadian Grain Commission. And that has been supporting price increases, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. “The overall demand has been very, very good,” she said. In the most recent export data […] Read more

ICE weekly outlook: Canola under pressure at midweek

Reading Time: < 1 minute MarketsFarm — Canola contracts have received considerable pressure from outside sources, but held above $480 per tonne this week. Ken Ball of P.I. Financial in Winnipeg expected canola to be down by $6-$10, but nearby contracts closed lower by about a dollar at $483.60 per tonne. Ball referred to weakness in Chicago soyoil, along with […] Read more


Safety protocols in place for farmers’ grain deliveries

Grain moving as normal, but farmers need to practice social distancing when delivering to elevators

Reading Time: 3 minutes Grain deliveries to country elevators should continue without any disruptions, the executive director of the Western Grain Elevator Association says. “All of the members of the Western Grain Elevator Association are doing everything in their power to keep the grain supply chain functioning” during the COVID-19 coronavirus pandemic, Wade Sobkowich said Tuesday. “That means we’ll […] Read more

Prairie elevators’ staff aim for on-site distancing

Cargill, P+H elevators stay open but with arm's-length approach

Reading Time: 2 minutes At least two Prairie grain handling firms plan to continue taking deliveries from farmers during the COVID-19 coronavirus pandemic — but to make the process as touchless as possible. Cargill, in a email to customers Wednesday, said its Canadian grain elevators, crush plants and ag input retail sites will remain open for deliveries and pickups, […] Read more


Visible canola supplies largest in three years

Reading Time: < 1 minute MarketsFarm — Solid farmer deliveries into the commercial pipeline saw visible Canadian canola supplies hit their highest level in three years, according to the latest Canadian Grain Commission (CGC) data for the week ended Sunday. Total visible supplies of the oilseed came in at 1.584 million tonnes, which was the highest of the marketing year-to-date […] 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


Feed weekly outlook: Prairie feed grain market inching higher

Reading Time: 2 minutes CNS Canada — The feed grain market in Western Canada is starting to firm up as a lack of farmer selling has supplies tightening. “It seems like we’re kind of moving higher here at the moment. Markets have a firmer tone to them for now,” said Allan Pirness of Market Place Commodities in Lethbridge. “Barley […] Read more




ICE weekly outlook: Canola trends lower as farmers sell, harvest

Reading Time: 2 minutes CNS Canada — The ICE Futures canola market will bounce around in trade for the foreseeable future with the overall trend being downward, according to an analyst. “We’re just going to continue to migrate lower. (There) are going to be up days because nothing goes down forever,” said Wayne Palmer, senior market analyst with Exceed […] Read more