GFM Network News


U.S. grains: Wheat rises for a second day on short-covering

Reading Time: 2 minutes Singapore/Paris | Reuters, 7:01 a.m. CT –– Chicago wheat futures prices rose for a second session on Friday with short-covering ahead of the Labour Day holiday weekend supporting prices, although the trend was set for a second week of declines amid plentiful world supplies. Corn was up for a second day, recovering from a multi-year […] Read more






China’s wine growers beat France into second place

Reading Time: 2 minutes Paris | Reuters — China overtook France last year as the world’s second largest wine grower by area under cultivation as it continued to plant vast fields of mostly imported grape vines to meet growing demand. The world’s second largest economy, which since 2013 consumes more red wine than any other country, has more than […] Read more



Feed ingredient unlikely to spread PED, experts say

Reading Time: 2 minutes Chicago/Paris | Reuters — The World Organization for Animal Health (OIE) said Wednesday an animal-feed supplement suspected of spreading a deadly pig virus is not likely to transmit the disease if manufacturers follow proper safety measures. Multiple studies suggest spray-dried porcine plasma, a supplement containing pigs’ blood that is fed to piglets, is not a […] Read more



U.S. becomes world’s biggest wine market as French drinkers cut down

Reading Time: 3 minutes Paris | Reuters — The United States became the world’s biggest market for wine last year, beating France into second place for the first time as consumption slides in the country long seen as its natural home and Americans develop a greater taste for it. U.S. consumers bought 29.1 million hectolitres of wine in 2013, […] Read more