GFM Network News


(Photo courtesy Canada Beef Inc.)

Klassen: Feeder market heating up

Volumes thin with auction barns in holiday mode

Reading Time: 2 minutes Compared to last week, western Canadian yearling steers traded $3-$4 higher while yearling heifers were steady to $2 higher. Mid-weight calves or young yearlings from 600 to 800 lbs. were $3-$5 higher on average. Calves under 600 lbs. were relatively unchanged. Favourable rains across the Prairies have enhanced crop prospects for barley and wheat. April […] Read more

ICE November 2021 canola (candlesticks) with Bollinger bands (20,2) and July 2021 canola (yellow open/high/low/close). (Barchart)

ICE weekly outlook: Canola market pits weather against supplies

Reading Time: 2 minutes MarketsFarm — As dry conditions remained prevalent across the Canadian Prairies and U.S. northern Plains, despite recent precipitation, the markets were in a struggle between the weather and tightening supplies, according to Winnipeg analyst Wayne Palmer of Exceed Grain. So far for the week of June 7, central and northern Alberta received rain, followed by […] Read more


Map from the Canadian Drought Monitor as of May 31, 2021. (Agriculture and Agri-Food Canada)

Drought conditions improve in May for some of Prairies, not all

Reading Time: 2 minutes MarketsFarm — Significant precipitation through May relieved drought conditions across parts of the Prairies, while other areas remained significantly dry, according to the latest assessment from the Canadian Drought Monitor as of May 31. This precipitation improved soil moisture conditions for the short-term, decreasing the area of moderate (D1) and severe drought (D2) in central […] Read more

Pinto beans. (Vergani_Fotografia/iStock/Getty Images)

Pulse weekly outlook: Manitoba crops emerge despite dry soils

Beans 'tougher than people think'

Reading Time: 2 minutes MarketsFarm — While Manitoba continues to deal with drought conditions in many growing areas, planting of pulses and soybeans is near done and some pulses are starting to emerge. “Pea and fava bean seeding wrapped up a while ago,” said Cassandra Tkachuk, production specialist for Manitoba Pulse and Soybean Growers (MPSG). “Dry bean planting actually […] Read more


(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

(Thinkstock photo)

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


Cutworms. (Photo courtesy Canola Council of Canada)

Prairie growers on lookout as insects seize opportunity

Dry conditions, delayed seeding lift pest counts

Reading Time: 2 minutes MarketsFarm — With most Prairie growers’ newly seeded crops already up against dry conditions, growers remain on the lookout for insects which further threaten the health of those seedlings. Considering the high prices of many crops this season, the potential damage would be more costly. John Gavloski, entomologist for Manitoba Agriculture, said there is a […] Read more

(Sevenstockstudio/iStock/Getty Images)

Manitoba cautions on manganese in well water

About a third of wells exceed updated limits, province says

Reading Time: 2 minutes A significant number of wells in Manitoba may be carrying water with manganese levels well above new health standards, particularly for infants. The province on May 3 issued an advisory for owners of private wells that their water “may exceed a new health-based guideline” for the trace element. The element occurs naturally, and commonly, in […] Read more


File photo of a pea crop south of Ethelton, Sask. on Aug. 1, 2019. (Dave Bedard photo)

Pulse weekly outlook: Peas, beans hold up in dry Manitoba

Reading Time: < 1 minute MarketsFarm — Of the pulses being planted in Manitoba this spring, field peas and dry beans appear the best able to handle the difficult drought conditions the province continues to experience throughout its growing areas. Field peas “have a relatively low water requirement, similar to dry beans,” Cassandra Tkachuk, production specialist with Manitoba Pulse and […] Read more

(Photo courtesy Canada Beef Inc.)

Klassen: Drier conditions will influence feeder market

Reading Time: 2 minutes The feeder market was hard to define this week. The quality of yearlings was quite variable. Fleshier types were heavily discounted while quality packages were unchanged from seven days earlier. Calf prices were mostly unchanged; however, values were down $4-$6 in drier pockets of southern Saskatchewan and southern Manitoba. Southern Alberta barley prices were quoted […] Read more