GFM Network News

Pulse weekly outlook: Manitoba beans podding, flowering

Reading Time: 2 minutes CNS Canada — A lack of moisture continues to plague Manitoba’s edible beans, but according to one specialist, the crop should still enjoy another strong year. “Most areas have gotten just enough rain to keep things in good condition,” said provincial pulse specialist Dennis Lange. The Winkler region, long considered a major planting area for […] Read more

U.S. grains: Corn at contract lows, soy dips below $9

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to life-of-contract lows on Monday and soybeans briefly dipped below US$9 a bushel for the first time since 2016 as favourable weather outlooks bolstered yield prospects and trade tensions threatened export demand, analysts said. Chicago Board of Trade soft red winter wheat futures also sagged and K.C. […] Read more

May showers likely to leave growers unsatisfied

Reading Time: < 1 minute CNS Canada — Canada’s Prairies can expect to see regular rainfall in most regions during May, but it likely won’t be enough to offset dry conditions recorded over the past several months. According to Drew Lerner of World Weather Inc. in Kansas City, the first half of May should see average rainfall amounts in most […] Read more

Spring outlook cooler for Prairies, warmer for Ontario

Reading Time: 3 minutes Growers in parts of Ontario may get an early start on planting this spring, while Prairie fields may see lingering snow and later-than-average last frosts. WeatherFarm’s spring forecast, powered by U.S.-based DTN Progressive Farmer, projects a cold start to the spring as likely for the western half of Canada, reversing the milder conditions shown over […] Read more

Forecast rain to cause few problems for Peace farmers

Reading Time: 3 minutes CNS Canada — As rain threatens to disrupt harvest in parts of the Prairies this week and next, the Peace region of northwestern Alberta is attracting added attention. While rains are forecast to be fairly general across eastern Saskatchewan and Manitoba over the next week or so, they are expected to cause minimal damage and […] Read more

FCC pledges flexibility for soaked Ontario, Quebec growers

Reading Time: 2 minutes Canada’s federal ag lending agency has announced a customer support program to limit “financial pressure” on its farming clients in rain-soaked areas of western Quebec and eastern Ontario. Farm Credit Canada on Wednesday announced the program, in which it said it “will work with customers to come up with solutions for their operation(s) to reduce […] Read more

ICE weekly outlook: Canola trades on weather

Reading Time: 2 minutes CNS Canada — It’s the time of year when canola prices closely follow the weather, and while recent rain has caused some losses, the market could hold onto its premium. “In some ways you could say it’s a classic weather market,” said Jon Driedger, senior market analyst at FarmLink Marketing. Prices had gained following dryness […] Read more

Pearce: Heavy rains cause losses in Ontario potato fields

Reading Time: 3 minutes After a month of good growing conditions and positive reports amid sporadic news on disease potential, word from one of Ontario’s potato-growing regions is that roughly 1,000 acres of potatoes have been lost due to flooding. Drenching rains in midwestern Ontario have left both commercial fields and variety plots ruined. Rainfall amounts from June 22 […] Read more

FCC offers to bend terms for soaked Prairie growers

Reading Time: < 1 minute Canada’s federal farm lender says it will be flexible with qualifying Prairie crop growers facing financial trouble from a rain-soaked harvest season. Areas of Alberta, Saskatchewan and Manitoba have experienced “significant levels of rain in the last half of the growing season and snow since the beginning of October,” Farm Credit Canada said in a […] Read more