GFM Network News


U.S. grains: Corn, soy rise on export hopes

Wheat futures dip on profit taking

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday, as concerns about dry conditions in key global production areas of South America boosted export prospects for both U.S. commodities. Strength in the cash market also supported gains in corn and soybean futures, traders said. CBOT soft red winter wheat […] Read more

CBOT weekly outlook: Export demand supports wheat, soy

Lower U.S. dollar also supportive

MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. Dry growing conditions in Ukraine, […] Read more


U.S. grains: Soybeans, corn rise on exports

CBOT December wheat extends rally

Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday on strong export demand while wheat firmed on concerns that dry weather could limit global production, traders said. Soybean futures rose one per cent, with traders shrugging off some much-needed rain in Brazil due to the strong pace of overseas buying. “The grains […] Read more



U.S. grains: Dry soils push Chicago wheat higher

CBOT corn, soy futures also rise

Chicago | Reuters — Chicago Board of Trade soft red winter wheat futures firmed on Monday, hitting almost six-year highs, on concerns about dry conditions across key global growing areas, traders said. But gains were limited as investors stood by after prices have rallied 8.6 per cent so far this month. “The market is just […] Read more

Jarrett Jackson is an agronomist and market development representative for Bayer Crop Science. Demonstration plots across Western Canada serve several purposes, he says, such as to showcase new Dekalb varieties or illustrate different agronomic treatments. Also, research plots are monitored and harvested to provide data that will be used to support registration of new varieties as well as the performance of new chemistries, fungicides and seed treatments.

New crop protection products and varieties from Bayer and Dekalb

Corn, soybean and canola varieties debuted as well as Buteo Start, Proline Gold and more

With the 2020 research and demonstration plot season wrapped up except for the final number crunching, Bayer Crop Science is planning to increase its product offering to western Canadian farmers in 2021 with several new corn, soybean and canola varieties, and potentially some effective new crop protection products now in the approval pipeline. Demonstration sites, […] Read more


Grain, oilseed exports running ahead of average

MarketsFarm — Canadian grain and oilseed exports have left the country at a rapid pace during the first 10 weeks of the 2020-21 crop year, with canola, wheat,and barley movement-to-date all up substantially on the year. Total exports of Canada’s major grains and oilseeds as of Sunday came in at 9.57 million tonnes, according to […] Read more

Prairie cash wheat: Prices up on sharp rises in U.S. wheat

MarketsFarm — Wheat bids in Western Canada were higher for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats for the week ended Thursday. Support came from double-digit increases in Chicago, Minneapolis and Kansas City wheat futures. Meanwhile, the Canadian dollar was relatively steady. Average CWRS (13.5 […] Read more


U.S. grains: CBOT wheat hits 2014 high on global crop concerns

Soybean futures retreat from gains

Chicago | Reuters — U.S. wheat futures surged to their highest prices in nearly six years on Friday as dry weather in key growing regions around the world fueled supply concerns. Corn futures ended lower, after touching a 14-month high on prospects for hefty sales to China, and soybeans also slumped. Traders are keeping a […] Read more

Feed weekly outlook: Demand keeps Canadian barley well supported

MarketsFarm — Solid demand continues to keep feed barley bids in Western Canada well supported, as end-users work to secure supplies in anticipation of tightening stocks going forward. “Competition for barley is coming from every which direction: grain companies exporting barley, feedlots trying to cover barley, and grain companies trying to cover feedlots,” said Jim […] Read more