Cereals & Production Tips

Military officers from Russia, Ukraine, Turkey and members of delegations from both countries and U.N. attend the opening ceremony of a joint coordination centre that will oversee a U.N.-brokered deal to re-open Ukrainian grain exports in the Black Sea, in Istanbul, Turkey, July 27, 2022. Photo: Reuters/Umit Bektas

Ukraine grain export coordination centre opens in Istanbul

By GFM Network News July 27, 2022

Istanbul | Reuters – Turkish Defence Minister Hulusi Akar on Wednesday unveiled a centre in Istanbul to oversee the export of Ukrainian grains after a landmark U.N. deal last week, with the first shipment expected to depart from Black Sea ports within days. Russia and Ukraine signed the deal, brokered by Ankara and the United […] Read more

Cereals, Reuters

As grain prices fall, food prices to ease first in developing world -U.S. official

By GFM Network News July 26, 2022

Sao Paulo | Reuters – Seth Meyer, chief economist at the United States Department of Agriculture, said on Tuesday weaker commodities prices will take longer to ease food inflation in the United States than in the developing world. Some of the world’s poorest nations were hardest hit by a spike in corn and wheat prices after Russia’s […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Bids mixed to lower

U.S. wheat futures up on week

By GFM Network News July 24, 2022

MarketsFarm — While wheat futures on the Chicago Board of Trade (CBOT) were higher after hitting low points, bids for Western Canadian wheat were mixed to lower for the week ended Thursday. The Canadian dollar gained ground against a weakening U.S. greenback, moving up by more than one U.S. cent. The loonie spent the week […] Read more

Barley south of Ethelton, Sask. in early August 2017. (File photo by Dave Bedard)

Barley, Crops, Markets

Feed weekly outlook: New-crop supply outlook ‘significantly better’ as prices drop

By GFM Network News July 21, 2022

MarketsFarm — Prices for feed barley and wheat in Western Canada are still higher than this time last year, but if large declines in those prices are any indication, the 2022 harvest is set to be more typical than that of 2021. The high-delivered bid for Saskatchewan feed barley is $8 per bushel, $1 lower […] Read more

File photo of sunset over a wheatfield in Brazil. (Evandrorigon/E+/Getty Images)

Crops, Markets, Spring Wheat, Winter Wheat

Brazil seen adding wheat area, fewer acres in Argentina

By GFM Network News July 19, 2022

MarketsFarm — As farmers in Brazil plant more wheat this year, their counterparts in Argentina are cutting back on the amount of acres they plan to sow — although Argentina will still grow a great deal more wheat than Brazil. Dr. Michael Cordonnier of Soybean and Corn Advisor Inc. at Hinsdale, Ill. said one reason […] Read more

Crops, Markets, Spring Wheat, Winter Wheat

Prairie cash wheat: Bids trend lower with U.S. futures

By Phil Franz-Warkentin, GFM Network News July 15, 2022

MarketsFarm — Spring wheat bids in Western Canada moved lower during the week ended Friday, as losses in U.S. futures more than countered the supportive influence of the weakening Canadian dollar. Seasonal harvest pressure contributed to the declines, as the U.S. winter wheat harvest progressed northward. Average Canada Western Red Spring (CWRS, 13.5 per cent […] Read more

Barley, Crops, Markets

Feed weekly outlook: Grains under pressure awaiting new crop

Farmers 'digging in and being patient'

By Phil Franz-Warkentin, GFM Network News July 14, 2022

MarketsFarm — Feed grain bids in Western Canada continue to come under pressure, as feedlots chew through corn imports from the United States and wait on the new-crop harvest. “We’re certainly seeing things soften,” said grain trader Shaun Smith of Market Place Commodities in Lethbridge. Declines in the Chicago futures and good Prairie growing conditions […] Read more

Barley, Crops

Larger U.S. barley crop expected in 2022

By Phil Franz-Warkentin, GFM Network News July 14, 2022

MarketsFarm — Barley production in the U.S. is forecast to be up substantially in 2022, with early indications pointing to the largest crop in seven years. In its latest production estimates, the U.S. Department of Agriculture forecast the country’s 2022 barley crop at 3.8 million tonnes, which would be up from the 2.6 million tonnes […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

Crops, Spring Wheat, Winter Wheat

Larger spring wheat crop expected in U.S.

USDA expects reduced total worldwide wheat crop

By Phil Franz-Warkentin, GFM Network News July 13, 2022

MarketsFarm — Early indications point to a much larger spring wheat crop in the United States in 2022 compared to the drought-stricken 2021 crop despite the late seeding, according to the latest production estimates from the U.S. Department of Agriculture. In USDA’s first official production estimates of the growing season breaking out the different wheat […] Read more

Crops, Markets, Spring Wheat

Prairie cash wheat: Prices take a hard hit

By GFM Network News July 9, 2022

MarketsFarm — Wheat prices on the Canadian Prairies were down hard for the week ended Thursday. Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats incurred sharp losses as prices tumbled in U.S. markets. Additional pressure came from Statistics Canada’s report on planting intentions for 2022-23. The […] Read more

U.S. livestock: Hog futures hit contract highs on shock herd decline

Alberta Crop Report: Harvest more than three-quarters finished

NFU says proposed plant breeders’ rights come at farmers’ expense

GFM Network News