GFM Network News


U.S. livestock: CME cattle, hogs firm on winter weather woes

Reading Time: 2 minutes Chicago | Reuters — Front-month lean hog futures on the Chicago Mercantile Exchange (CME) settled about one per cent higher on Friday, supported by fears that a weekend winter storm in the Plains and Midwest would slow the transport of livestock and complicate pork and beef plant operations, traders said. “We see some significant disruptions […] Read more

U.S. grains: Corn soars on bargain buying

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures jumped 3.7 per cent on Friday, more than recovering from the prior day’s 3.1 per cent drop, buoyed by a mix of short-covering and expectations of increased export demand for U.S. supplies, traders and analysts said. Wheat and soybeans followed the firm trend. Chicago Board of Trade March […] Read more



U.S. grains: Corn, soy to one-month lows

Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures hit one-month lows on Thursday and wheat futures followed amid doubts about whether China will make the purchases from the United States promised in a trade deal between the two countries, analysts said. Chicago Board of Trade March corn futures tumbled three per cent, settling down […] Read more



U.S. Senate passes CUSMA trade deal

Reading Time: < 1 minute Washington | Reuters — The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labour and automotive content but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement (CUSMA) passed on an 89-10 bipartisan vote, sending the […] Read more


Trade deal will not affect China’s other ag suppliers, Liu says

Reading Time: 2 minutes Beijing | Reuters — China’s other suppliers of agricultural commodities will not be impacted by the Sino-U.S. trade deal since buying will be based on market principles, Vice-Premier Liu He said, according to a report from state-owned CCTV on Thursday. Liu was speaking on Wednesday at a press briefing after signing the Phase One trade […] Read more

Britain launches farm bill as Brexit paves way for major reforms

Reading Time: < 1 minute London | Reuters — An agriculture bill will be introduced in Britain’s parliament on Thursday, with funding for the industry increasingly linked to tackling environmental challenges as the country develops its own farm policy for the first time in decades. Britain currently abides by the EU’s Common Agricultural Policy but is set to leave the […] Read more