GFM Network News

Guillaume Dallaire checking on hemp grain at the bins.

The gluten advantage

With $1 million on the line, this Quebec farm is betting big money on small markets

It’s a two-hour drive straight north from Quebec City to get to Tournevent’s Farm, owned by Guillaume Dallaire and Audrey Bouchard at Hébertville in Lac Saint-Jean near Saguenay. At this time of year, it can be a cold trip, but even in the summer when Country Guide first visited, it can feel a long way […] Read more

ICE weekly outlook: More losses likely for soft canola

ICE canola futures fell to fresh contract lows during the week ended Wednesday and could be due for more losses with little supportive news on the horizon. “Unfortunately the technicals and fundamentals are tremendously bearish,” said analyst Wayne Palmer of Exceed Grain Marketing, adding “fresh contract lows breed fresh contract lows.” While optimism over trade […] Read more

ICE weekly outlook: Cheaper canola could stir up export interest

CNS Canada — The ICE Futures canola market has seen contracts become cheaper of late, which could lead to an increase in demand — but the market is also still closely following the ongoing saga between China and the U.S. “Everybody’s just waiting for some kind of news regarding China possibly purchasing U.S. beans. They […] Read more

ICE weekly outlook: Canola corrects off lows, more losses possible

CNS Canada — ICE Futures canola contracts fell to their lowest levels in 15 months during the week ended Wednesday, but found some support to the downside as traders reacted to activity in the Canadian dollar and Chicago soyoil. “Canola seems to be getting some short covering after a long break (lower),” said Ken Ball […] Read more

World crop briefs: Black Sea’s oilseed yields seen larger

CNS Canada — The Black Sea region’s oilseed crop for 2018-19 is estimated 160,000 tonnes higher, at 43.36 million tonnes, according to the latest estimates by the U.S. Department of Agriculture. In its October estimates, USDA estimated Ukraine rapeseed production would come in at 100,000 tonnes more than previous estimates to 2.7 million tonnes. Turkey’s […] Read more