GFM Network News


Millions of acres of canola freeze, compound ‘harvest from hell’

Reading Time: 2 minutes Winnipeg | Reuters — Heavy snow and rain during harvest on the Canadian Prairies have left several million acres of canola buried until spring, the latest blow in a miserable year that may compound farmer problems into 2020. Canola is renowned as Canada’s most profitable crop, exported to China, Japan and Mexico to make vegetable […] Read more

Manitoba’s sunflower crop under threat from weather

Reading Time: 1 minute MarketsFarm — Manitoba’s sunflower crop has been compromised by the snow that fell over Thanksgiving weekend, but it’s not yet clear what percentage of the crop will be impacted. Before the snow fell, windy and rainy weather took a toll on the sunflower crop. The soil was oversaturated to the point that sunflower roots couldn’t […] Read more


Wet fall raises risk of Manitoba spring flood

Reading Time: 1 minute MarketsFarm — Manitoba’s Red River Valley is very wet heading into the winter freeze, but it’s still too early to say if the saturated soils will lead to flooding in the spring, according to provincial forecasters. The Manitoba government on Wednesday took the unprecedented step of opening the Red River Floodway, marking the first time […] Read more

ICE weekly outlook: Upside limited for canola’s snow boost

Reading Time: 1 minute MarketsFarm — An unwelcomed early winter storm sent ICE Futures canola contracts higher during the week ended Wednesday, but it will take outside support to sustain a rally, according to industry participants. Snow in Alberta and Saskatchewan and cool and wet conditions in Manitoba slowed harvest operations during the week, with about 60 per cent […] 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

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


Saskatchewan mustard crop poised for strong finish

Reading Time: 1 minute MarketsFarm — Mustard crops in southwestern and south-central Saskatchewan may have received enough rain to turn themselves around after a dry spring. “The area south of Highway 1 saw a lot of rain this year,” said Kevin Hursh, executive director of the Saskatchewan Mustard Development Commission. “They’ve seen a huge turnaround in their crop potentials.” […] Read more



U.S. grains: Corn higher on wet weather forecast

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose about one per cent on Friday as wet weather forecast for the Midwest crop belt prompted short-covering, analysts said, while soybeans fell to multi-month lows. Wheat futures firmed slightly but still recorded a weekly decline as ample global supplies anchored the market. Chicago Board of Trade July […] Read more

Prairies can expect unexpected from El Nino this summer

Reading Time: 2 minutes MarketsFarm — The U.S. National Weather Service Climate Prediction Center on Thursday reported a 65 per cent chance of El Nino prevailing throughout 2019’s growing season. “A weak El Nino is likely to continue through the Northern Hemisphere summer 2019 (65 per cent chance) and possibly fall (50-55 per cent chance),” the CPC’s report said. […] Read more