GFM Network News





Managed money backing out of bearish canola bets

MarketsFarm – Fund traders were backing out of bearish bets in canola while actively putting on new longs during the week ended July 21, according to the latest Commitment of Traders (CoT) report compiled by the United States Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in […] Read more

USDA’s July WASDE has little effect on markets

U.S. Midwest weather likely having greater effect

MarketsFarm — There were some notable changes in the carryovers for corn, soybeans and wheat in the July supply and demand report from the U.S. Department of Agriculture released Friday. However, the monthly world agriculture supply and demand estimates (WASDE) had very little effect on the markets, according to MarketsFarm analyst Mike Jubinville. “I think […] Read more


What we thought would never happen has come to pass, now what?

Questions you should ask yourself in the new reality

The sooner you can figure out how the new reality is affecting your business, the quicker you can start putting together a plan on how to manage your business in the new reality and move forward. I’ve put together some questions you should be asking yourself in this new reality, including the following: If I […] Read more



Don’t bet the farm with your grain marketing strategy

Taking a disciplined approach can bring more financial rewards

It must have been farmers who invented Texas Hold ’em Poker. I recently took part in a poker fun night with about 40 farmers. After playing for an hour, you see a lot of similarities between the luck of the cards and the highs and lows of farming. You start the year out in the […] Read more



If world crop conditions look good and the weather behaves, commodity buyers will likely wait to see how the crop progresses before pre-buying.

World grain production, weather markets and trade disputes

Production and weather concerns and bullish, but trade patterns are not on our side

In April the International Grains Council (ICG) estimated world grain production in 2019-20 would increase two per cent over last year to 2.18 billion tonnes. Their estimate for total consumption (food, feed and industrial use) is 2.20 billion tonnes. The math suggests that demand will outpace production, meaning the supply carried forward will be drawn down for a third consecutive year. The ICG estimates world carry out […] Read more

Feed weekly outlook: Spring weather may swing Prairie feed markets

MarketsFarm — Weather conditions have the potential to swing feed grain markets in Western Canada over the next few weeks, although prices generally remain steady for the time being. “Spring is here, and as the snow melts it creates mud, road bans and all that lovely stuff,” said Brandon Motz of CorNine Commodities in Lacombe, […] Read more