GFM Network News


CBOT weekly outlook: Bullish USDA report sends soy, corn up sharply

Reading Time: < 1 minute MarketsFarm — Soybean and corn yields in the United States ended up much smaller than early expectations, according to updated supply and demand estimates released Tuesday by the U.S. Department of Agriculture. The resulting drop in production and ending stocks has sent futures rallying to new contract highs, with more gains likely. Average U.S. soybean […] Read more

A sight no one wants to see in soybeans: cupping of the leaves caused by dicamba.

U.S. legal system helps weeds win

Luckily, Canadian producers are still outside the reach of the Ninth Circuit Court ruling on dicamba-based herbicides

Reading Time: 5 minutes In farming circles, the term “less-forgiving” has become more than a cliché. It’s now a mirror on reality. Farmers are already dealing with an incredible list of challenges and complexities, including everything from new seed technologies, concerns about land costs, equipment decisions, commodity markets, trade issues… you name it. Now growers in the U.S. must […] Read more


Bunge lifts outlook as quarterly profit nearly doubles

Reading Time: 2 minutes Reuters — Agricultural commodities trader Bunge Ltd. raised its 2020 outlook after reporting a 91 per cent jump in adjusted third-quarter profit on Wednesday, as strong soy processing margins and robust demand for soy products boosted its core agribusiness segment. Bunge shares rose almost seven per cent to their highest level in more than a […] Read more

Use of inoculants — even in long-standing soybean fields — is a cost-benefit decision for a grower.

Soybean inoculant a rare find

This innovative inoculant begins with a new bacterial species, then stacks it with another

Reading Time: 3 minutes Soybean inoculants have undergone considerable change in the past 30 years, evolving from non-sterile to sterile formulations in the 1990s and then to an almost complete reliance on the Bradyrhizobium japonicum bacterial species, with other strains added during the first decade of the 2000s, although primarily as nodulating triggers or plant growth-promoting rhizobacterium (PGPR). Now, […] Read more


U.S. EPA approves XtendiMax use for five years

Court ruling had blocked dicamba sales

Reading Time: 2 minutes Chicago | Reuters — The U.S. Environmental Protection Agency will allow farmers for the next five years to spray crops with a Bayer herbicide whose sales were blocked by a U.S. appeals court in June, EPA administrator Andrew Wheeler said Tuesday. XtendiMax, a dicamba-based herbicide that is sprayed on soybeans and cotton genetically engineered to […] Read more

Southwestern Ontario elevator to handle Scoular grain

Martin Farming to take grain at new elevator

Reading Time: < 1 minute Scoular Co. has set up a new delivery point for southwestern Ontario growers from whom it buys grain. The Omaha-based, privately-held grain firm announced Thursday it has made a deal with Martin Farming — which operates at Paris, just northwest of Brantford — that will direct grain to Martin’s new 22,000-tonne-capacity elevator. The agreement “allows […] Read more


Figure 3. Interveinal yellowing and browning typical of SDS infection.

Pest Patrol: Soybean cyst nematode (SCN) and sudden death syndrome (SDS)

#PestPatrol with Albert Tenuta, OMAFRA

Reading Time: 2 minutes The dry conditions in 2020 have been favourable for soybean cyst nematode (SCN) infection. A reminder that you can look for SCN by digging up plants with a shovel and gently removing soil and examining roots for the presence of the small white to yellow cysts (Figure 1 below). Cysts are considerably smaller (1 mm) […] Read more

ICE weekly outlook: Canola firm at midweek

Reading Time: < 1 minute MarketsFarm — ICE Futures canola contracts have steadied after slipping slightly following Canada’s Thanksgiving long weekend, with nearby attention on speculations rolling positions out of the front month. The nearby November contract closed Wednesday at $526.10 per tonne, gaining slightly after incurring losses the day prior. Market participants adjusting positions ahead of the November contract’s […] Read more


USDA’s WASDE bullish for soy, corn, wheat

Reading Time: < 1 minute MarketsFarm — The October world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) shows lower U.S. ending stocks for soybeans, corn and wheat. Projected U.S. soybean ending stocks for 2020-21 were lowered to 290 million bushels from last month’s projection of 460 million. Last year, carryout stocks were at 523 […] Read more

CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline

Reading Time: 2 minutes MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more