GFM Network News

File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

Pulse weekly outlook: Harvest shortcomings could open doors to India

Reading Time: 2 minutes MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in […] Read more

CBOT July 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange, dark green lines). (Barchart)

U.S. grains: Corn tops $7 for first time since 2013 in most-active contract

High corn prices are not destroying demand, Bunge CEO says

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures on Tuesday topped US$7 a bushel in the most-active contract for the first time since 2013 as unfavourably dry crop weather in Brazil kept attention on tightening global supplies. Surging prices have done little to curb robust demand for corn used to feed livestock and produce ethanol, opening […] Read more


A hemp plant in Alberta. (Jennifer Blair photo)

Hemp poised for year of gains

Nationwide increase in acres expected

Reading Time: 2 minutes MarketsFarm — The hemp industry in Canada is set for a good year in 2021, according to Canadian Hemp Trade Association (CHTA) CEO Ted Haney. “It looks like we are looking at another 15 to 20 per cent increase in seeded acres nationally, which should take us over the 100,000-acre level for sure,” he said. […] Read more

Screenshot from an Alberta Agriculture video profiling Innisfail-based pulse and grain handler W.A. Grain and Pulse Solutions. (Alberta Agriculture and Forestry via YouTube)

W.A. Grain enters receivership

Farmers owed money for grain delivered to this company should contact the Canadian Grain Commission

Reading Time: 3 minutes Alberta-based grain and pulse handler and processor W.A. Grain + Pulse Solutions went into receivership April 26. Farmers who delivered grain to its faculties in Alberta and Saskatchewan but haven’t been paid should contact the Canadian Grain Commission (CGC). “We have not commenced a claims process yet,” CGC spokesman Remi Gosselin said in an interview […] Read more


CBOT July 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn hits eight-year high

Soybean, wheat markets slump

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade corn futures hit their highest price since March 2013 on Monday on strong demand for limited U.S. supplies and concerns over dry weather hurting output in Brazil. Traders continue to focus on tightening global inventories as U.S. farmers plant corn and soy for the autumn harvest, rather […] Read more

A Kansas City Southern (KCS) rail car at Toluca, Mexico on Oct. 1, 2018. (File photo: Reuters)/Edgard Garrido)

CP files objection with U.S. regulator over CN’s Kansas City Southern bid

Reading Time: 2 minutes Reuters — Canadian Pacific Railway said on Saturday it filed a formal objection with a U.S. regulator, stating Canadian National Railway’s near US$30 billion rival bid for Kansas City Southern does not qualify to be exempted from tougher merger rules. Last week, the U.S. Surface Transportation Board (STB) granted a waiver to CP’s $25 billion […] Read more


File photo of the Port of Montreal. (Guy Banville/iStock/Getty Images)

Back-to-work rule for Montreal dockworkers clears Parliament

Bill granted royal assent Friday night

Reading Time: 2 minutes A week-long strike by dockworkers at the Port of Montreal is expected to conclude after federal back-to-work legislation passed Parliament Friday evening. Bill C-29, introduced Tuesday in the House of Commons, cleared third reading in the Commons Wednesday and received three readings in the Senate and royal assent Friday. The port’s longshore workers, represented by […] Read more

File photo of Ontario cropland from the air. (IMNATURE/iStock/Getty Images)

Federal NDP introduces soil health bill

Proposal calls for a National Soil Health Advocate

Reading Time: 2 minutes The federal New Democrats propose to set up a plan they say could help build up Canadian agriculture from the ground down. The NDP’s agriculture critic, British Columbia MP Alistair MacGregor, on Monday introduced a private member’s bill in the Commons to create a national soil health strategy for Canada. The strategy as proposed in […] Read more


CBOT July 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn, soy, wheat end higher after volatile week

Market assesses U.S. planting, drought threat to Brazil crops

Reading Time: 2 minutes Chicago | Reuters — Chicago corn, soybean and wheat futures rose on Friday after three days of volatile trade following a run-up to eight-year highs, traders said. The most-active corn futures on the Chicago Board of Trade gained 25 cents at $6.73-1/4 per bushel, adding 40-3/4 cents for the week, a 6.4 per cent gain […] Read more

(Dave Bedard photo)

Cost index up for CN, down for CP in grain revenue formula

CP expects lower labour costs, CN higher

Reading Time: 2 minutes Expected labour costs were the major difference in a new ruling on the index that determines how much revenue each of Canada’s big two railways get to keep in the coming crop year from hauling Prairie grain. The Canadian Transportation Agency (CTA) on Thursday announced its decisions on the volume-related composite price index (VRCPI) for […] Read more