GFM Network News


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Pulse weekly outlook: India likely in need of more lentils

Reading Time: 2 minutes MarketsFarm — A recent webinar co-hosted by the India Pulses and Grains Association and Pulse Australia focused on lentil production in the two countries, with tighter Indian supplies likely leading to increased import demand going forward. “The share of Australian lentils in India’s import has been 10 to 15 per cent over the last seven-eight […] Read more

(Cia.gov)

India’s federal police probe bosses of two fertilizer companies

Large-scale nutrient purchases often known to sway spot prices

Reading Time: 2 minutes Mumbai | Reuters — Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases. The Central Bureau of Investigation (CBI), India’s top crimefighting agency, said late Wednesday it was investigating U.S. Awasthi, managing director of […] Read more



File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

Pulse weekly outlook: Harvest shortcomings could open doors to India

Reading Time: 2 minutes MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in […] Read more


A canola field near Pincher Creek, Alta. (Laughingmango/E+/Getty Images)

Japan increases demand for canola

Reading Time: 2 minutes MarketsFarm — Japan has continued to generate an increased demand for canola, according to Daisuke Sasatani, the U.S. Department of Agriculture’s (USDA) attaché in Tokyo. Sasatani said approximately 98 per cent of Japan’s canola imports are from Canada, while Australia supplies the remainder. The attaché estimated Japan’s canola imports in 2020-21 are to rise by […] Read more

A cornfield in Mexico’s Chihuahua state. (Undefined undefined/iStock/Getty Images)

Mexico’s ban on GMO corn imports won’t apply to feed, U.S. says

Reading Time: 2 minutes Chicago | Reuters — U.S. Agriculture Secretary Tom Vilsack said on Friday that a Mexican plan to ban imports of genetically modified (GMO) corn would apply to grain used for human food products, not livestock feed, based on recent talks he had with Mexican Agriculture Secretary Victor Villalobos Arambula. Vilsack said limiting the ban to […] Read more


Strip steak with mushrooms. (Photo courtesy Canada Beef Inc.)

Beef trade gap seen growing as U.K. pact clears Parliament

Interim post-Brexit trade deal gets royal assent

Reading Time: 3 minutes Canada’s beef cattle producers are warning of a growing beef trade deficit, not only between Canada and the European Union but between Canada and the United Kingdom, as a new stopgap U.K. trade pact nears its launch. International Trade Minister Mary Ng on Friday announced Canada is ratifying the Canada-U.K. Trade Continuity Agreement (TCA), after […] Read more

File photo of a combine harvesting a wheat crop in Ukraine. (SergBob/iStock/Getty Images)

Demand from China puts Ukraine barley above top-end milling wheat

Reading Time: < 1 minute Kyiv | Reuters — Prices for Ukrainian-origin barley from this year’s harvest have exceeded those of high quality milling wheat due to strong demand from China, analysts at APK-Inform said on Friday. Forward contract prices for 2021 harvest barley stood at $220-$230 a tonne c.p.t. (carriage paid to) Black Sea June-July delivery, while high-quality milling […] Read more


(Scott Bauer photo courtesy ARS/USDA)

U.S. trade body rules blueberry imports do not harm industry

Canada among top five nations selling blueberries into U.S.

Reading Time: 2 minutes Washington/Mexico City | Reuters — The U.S. International Trade Commission (ITC) ruled on Thursday that blueberry imports are not causing serious injury to domestic producers and will not recommend further action to reduce foreign supplies, in a win for berry exporters. In recent years, U.S. producers have claimed damages from what they argue are unfair […] Read more

CBOT March 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn sets 7-1/2-year high on China sales

Chicago wheat also up, soybeans firm

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose more than two per cent on Friday and set a multi-year high after China booked its biggest purchase of U.S. corn to date, fueling expectations of tightening global supplies. Wheat futures also rose about two per cent, chasing corn higher, and soybeans firmed as well. Chicago Board […] Read more