GFM Network News


U.S. grains: Soybeans fall on South American rainfall

Russian export tax supports U.S. wheat; corn follows soybeans

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said. Corn followed soybeans lower, but was supported by strong export demand and possible export limits in Ukraine. Wheat futures fell slightly, but were bolstered by an export tax in […] Read more

Yvonne Lawley checking cover crops intercropped with corn at the University of Manitoba Carman Research Farm in September 2019. Lawley and colleague Emma McGeough hope to get funding for a Prairie-wide project on intercropping.

Going wide on corn row spacing

In this research, allowing more space for the intercrop has little or no effect on corn yield

Reading Time: 5 minutes Get used to a new term in corn production — “solar corridor.” The idea is to provide a wide enough row spacing to allow sunlight to reach intercrops such as clover and hairy vetch. How wide? How does 60 inches sound? Intercropping is attracting more interest from straight grain as well as livestock producers. Grain […] Read more


China’s 2020 corn, wheat imports reach record highs

Reading Time: < 1 minute Beijing | Reuters — China’s grains imports soared to record highs in 2020, customs data showed on Monday, after tight domestic corn supplies pushed prices to multi-year peaks, driving demand for cheaper imports. China, the world’s top agricultural market, bought a record 11.3 million tonnes of imported corn last year, including 2.25 million tonnes in […] Read more

Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

Reading Time: < 1 minute MarketsFarm — Funds’ large net long position in canola narrowed slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed-money fund traders as of Tuesday were holding a net long position in ICE Futures canola of 51,614 contracts, down by about […] Read more


U.S. grains: Wheat rises on Russian export tax plan

Corn, soybeans fall on profit-taking

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures rose on Friday, supported by Russia’s plan to double its tax on exports of the grain, while corn and soybeans fell as traders took money out of the market following their surge to multi-year highs earlier in the week. Wheat traded both sides of unchanged, ending in positive […] Read more

Feed weekly outlook: Barley market’s eye on exports, corn prices

Reading Time: < 1 minute MarketsFarm — Strong export demand for Canadian barley and rising corn prices in the U.S. are expected to continue to keep feed prices well supported in Western Canada. “Feed grains are being squeezed by lower imports of U.S. corn into Western Canada,” analyst Chuck Penner of Leftfield Commodity Research said in a presentation Tuesday for […] Read more


U.S. grains: Soybeans, corn, wheat rally

Futures up, but below recent peaks

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures rose 1.7 per cent on Thursday, underpinned by the strong demand highlighted in the U.S. Agriculture Department’s monthly supply and demand report on Tuesday, traders said. Corn futures also rallied, with the market receiving a boost after the U.S. Environmental Protection Agency said it would not rule on […] Read more

U.S. livestock: Cattle, hog futures fall as corn rises

U.S. beef, pork export sales both up on week

Reading Time: < 1 minute Chicago | Reuters — CME feeder cattle futures fell on Thursday, retreating back toward a three-month low on prospects for increased input costs for livestock operators due to surging corn prices. “It is the rising feed costs,” said Alan Brugler, president of Brugler Marketing + Management. “With the corn being up another 10 cents today, […] Read more


Grain aflatoxins lead to U.S. pet food recalls, dog deaths

Pet food maker expands recall after more than 70 dogs die, 80 sickened

Reading Time: < 1 minute Reuters — Midwestern Pet Foods is expanding a recall to include several more products sold under its Sportmix brand and other labels after at least 70 dogs died and 80 others are known to have become ill, the U.S. Food and Drug Administration said Tuesday. The food was found to have potentially unsafe levels of […] Read more