GFM Network News

Ontario, Manitoba corn crops need rain

Reading Time: 3 minutes CNS Canada — Corn development in key growing areas of Ontario and Manitoba remains highly variable as the crop nears its yield-determining phase. “The pollination stage is the critical part of the corn-growing period and I would say probably within the next three weeks we will know what yield is going to look like,” said […] Read more

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