GFM Network News

ICE weekly outlook: Profit-taking to pressure canola

Market appearing overdone

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts climbed to record highs during the week ended Wednesday as concerns over tightening old-crop supplies provided support. However, the market was looking overdone to the upside and profit-taking came forward to put some pressure on values. “The traders that are still long are playing the game of forcing the […] Read more



U.S. grains: Brazilian storms push U.S. corn, soy futures higher

Cold-weather concerns support wheat

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as storms in major production areas of Brazil disrupted fieldwork, threatening to slow export shipments from one of the world’s major suppliers, traders said. “Very heavy rains remain in the forecast for Brazil’s northern soybean belt, where farmers are trying to harvest this […] Read more



U.S. grains: CBOT soy, corn rise on weather delays in Brazil

Chicago May wheat settles firm

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged 1.6 per cent on Tuesday to their highest in more than five weeks on expectations that a slow harvest in Brazil will add further stress to the already tight supply situation in the United States, traders said. Corn futures also were strong, hitting a two-week high as […] Read more

Canada fleabane rosette during October.

Pest Patrol: Management practices that controlled glyphosate-resistant weeds in 2020

#PestPatrol with Mike Cowbrough, OMAFRA

Reading Time: 3 minutes Several Ontario agronomists recently shared their most successful strategies for managing glyphosate-resistant weeds. Four general strategies were identified: 1. Inclusion of winter wheat in the crop rotation By early spring, winter wheat’s dense ground cover does not provide a good environment for annual weeds, like waterhemp, to germinate. There are also many herbicides that are […] Read more


Arkansas confirms first-ever glufosinate-resistant broadleaf

Researchers find Palmer amaranth strains in two counties

Reading Time: 2 minutes Researchers in the southern U.S. have found what they say is the first broadleaf weed in the world to beat the active ingredient in BASF’s Liberty herbicide. The University of Arkansas last week announced its ag researchers had found glufosinate-resistant Palmer amaranth in crops in two eastern Arkansas counties across the Mississippi River from Memphis. […] Read more

U.S. grains: Wheat, soy, corn futures rise

Still remain below multi-year peaks

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Monday, led by a 2.2 per cent gain in the benchmark Chicago Board of Trade May soft red winter wheat contract, as traders focused on the condition of the crop after severe cold snaps in key growing regions. “Wheat is receiving some support from cold weather […] Read more


U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend, […] Read more

Feed weekly outlook: Demand strong for Canadian wheat

Reading Time: < 1 minute MarketsFarm — Domestically-grown feed wheat is seeing stronger prices and increased demand — but unlike other commodities, the demand is coming from Canada itself. Wheat has become a more desirable crop for feed rations in recent months as barley prices have risen due to increasing exports to China. With less barley available to feedlots, wheat […] Read more