GFM Network News

More News →

Tag Archives exports

General, Markets

Canada not benefiting from CETA, Bibeau says

Ex-premiers write to Ottawa with critique of EU's continued trade barriers

By
Reading Time: 2 minutes Canada is not benefiting from the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU), federal Agriculture Minister Marie-Claude Bibeau grants. Expected to spur $1.5 billion in new agri-food exports, the free trade deal has fallen short of those targets since its implementation in 2017. In a letter Monday to Prime Minister Justin […] Read more
Livestock, Markets, Reuters

U.S. livestock: Hog futures rise on export hopes

CME cattle futures weaken

By
Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures rose 1.7 per cent on Friday, with the market shrugging off bearish supply data on hopes that exports would remain strong, traders said. “At a time when we are nearing our fourth-quarter peak in supply, the market is highly focused on the belief that export sales are running […] Read more
Crops, Markets, Reuters

U.S. grains: Harvest pressure weighs on corn, soybeans

CBOT wheat futures firm

By
Reading Time: 2 minutes Chicago | Reuters –– U.S. corn and soybean futures dropped to their lowest in more than a week on Thursday, with investors locking in gains made from a recent rally as combines rolled across key production areas of the Midwest, traders said. “The grains appear to be in full-on profit-taking mode this week as the […] Read more
Barley, Crops, Markets, Spring Wheat

Feed weekly outlook: Prairie grain prices on rise despite harvest

By
Reading Time: < 1 minute MarketsFarm — Feed barley and wheat prices in Western Canada have been showing some unusual strength in late September, with prices rising despite seasonal harvest pressure. “Right now we’ve been seeing a lot of talk about exports and the need for feed at feedlots,” said Erin Harakal, senior trader at Agfinity at Stony Plain, Alta. […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat, corn, soy fall as dollar rises

U.S. harvest accelerates, adding pressure

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures dropped 1.8 per cent on Wednesday, pressured by a firm dollar that traders said was depressing already weak overseas demand for U.S. supplies. “We are still not getting the export demand,” said Mark Schultz, chief market analyst at Northstar Commodity. “There is plenty of wheat […] Read more
Livestock, Markets, Reuters

U.S. livestock: Hog futures gain on export optimism

CME cattle down ahead of USDA report

By
Reading Time: < 1 minute Chicago | Reuters — U.S. lean hog futures markets climbed on Tuesday on optimism over China’s continued purchases of U.S. grains, traders said. Exporters sold 266,000 tonnes of U.S. soybeans to China and 264,000 tonnes to unknown destinations, the U.S. Department of Agriculture reported on Tuesday, marking the 13th consecutive business day of sales to […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans touch two-year top on China buying spree

Wheat up on technical buying, cash prices

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures extended their rally on Thursday, rising 1.7 per cent to set a two-year high as brisk demand from China continued to support the oilseed market. Corn rose as the strength in soybeans overshadowed pressure from a smaller-than-expected Chinese corn import quota. Wheat futures jumped on technical buying and […] Read more
Crops, Markets, Soybeans

CBOT weekly outlook: Chinese demand leading factor in bullish soy market

By
Reading Time: < 1 minute MarketsFarm — China’s demand for U.S. soybeans has been the major factor behind the bullish soy complex at the Chicago Board of Trade (CBOT), according to Terry Reilly of Futures International in Chicago. China has been on something of a buying tear, with sales being announced by the U.S. Department of Agriculture (USDA) on a […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Soy down on profit-taking after climb above US$10

CBOT corn, wheat also down

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Tuesday, retreating from two-year highs above US$10 a bushel as traders booked profits and forecasts called for favourable weather for the start of the U.S. Midwest harvest, analysts said. Corn futures backed down from six-month highs set a day earlier, and wheat also declined. Chicago Board […] Read more
Livestock, Markets, Reuters

U.S. livestock: Futures mixed on pork export questions, cattle supplies

U.S. beef packer margins down on week

By
Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures had a mixed performance on Tuesday, as the supply of cattle being offered for sale continued to shrink and traders wrestled with uncertainty over pork export demand. An additional five cases of African swine fever (ASF) were initially found in dead wild boars in Germany. Initial tests were […] Read more

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending September 25, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.