GFM Network News


Flax prices likely to remain flat

Reading Time: 2 minutes MarketsFarm — Although autumn snowfall limited the quality of a lot of Prairie flax, its price has remained flat, according to Brian Johnson of Johnson Seeds at Arborg, Man. While Johnson has seen some instances of No. 1 flax, he said most of what he’s seen has graded Nos. 2 and 3. “The premiums are […] Read more


China certifies three domestic GM traits

Reading Time: < 1 minute Beijing | Reuters — China’s agriculture ministry issued biosafety certificates on Tuesday for domestically grown, genetically modified (GM) corn and soybean traits, moving closer to commercialization of GM grain production in the world’s top market. The certificates, valid from Dec. 2, 2019 until Dec. 2, 2024, were granted to a corn trait developed by Beijing […] Read more

Tighter supplies, solid demand underpin durum bids

Reading Time: 2 minutes MarketsFarm — Tighter global supplies are keeping the Canadian durum market well supported this winter, with firmer prices likely when the Port of Thunder Bay reopens for the spring. “We’re seeing a very strong export demand for durum,” said Jerry Klassen, manager of Canadian operations for Swiss-based GAP S.A. Grains and Products in Winnipeg. Canada […] Read more


Green Party backs grain drying exemption from carbon tax

Reading Time: 2 minutes One of the federal opposition parties in full favour of carbon pricing is lending its support to calls by farm groups for a carbon tax break for grain drying. Vancouver Island MP Paul Manly, the Green Party’s caucus critic for agriculture, announced the party’s position Monday. “We support the grain producers of Canada in their […] Read more

AGI buys ag business management software muscle

Reading Time: 2 minutes Grain handling equipment maker Ag Growth Industries (AGI) plans to level up on its SureTrack farm management software platform with a deal for another Canadian player in the same business. Winnipeg-based AGI announced Thursday it has bought all outstanding shares in Oakville, Ont.-based Affinity Management Ltd., developer of the Compass brand of farm and agribusiness […] Read more


Alberta’s Crop Management Network expands reach

Reading Time: < 1 minute A crop input dealer northwest of Edmonton is the newest link in the Crop Management Network ag retail chain. CMN, whose chain includes retailers in seven other central Alberta communities, said Thursday it has purchased the assets of Dow Fertilizer, which operates sites at Onoway and Mayerthorpe, effective Jan. 9. “We are very excited to […] Read more




Funds shift to long side in soybeans, covering canola shorts

Reading Time: < 1 minute MarketsFarm — Fund traders moved to a small net long position in soybeans and reduced their overall short position in canola during the second week of January, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came […] Read more