GFM Network News


CBOT weekly outlook: Corn, soy steady, watching harvest

MarketsFarm — Chicago Board of Trade soybean and corn futures moved off of nearby lows and generally trended higher following the U.S. Department of Agriculture’s supply/demand data released Thursday. However, attention has shifted to the looming harvest, with rangebound activity expected barring a fresh outside influence. “For this market to really move up, it will […] Read more



Food, farming not expected to be big election issues

Canadians don’t think that food and agriculture will be a significant issue in the current federal election. A survey conducted Sept. 9 and released Tuesday by Angus Reid Global with the support of Dalhousie University’s Agri-Food Analytics Lab shows 31 per cent of Canadians believe food and agriculture will be a prime electoral issue during […] Read more

U.S. grains: Corn sinks on weather, retreating crude oil

Chicago | Reuters — U.S. corn futures fell on Tuesday for the first time in four sessions on better-than-expected U.S. crop conditions and as crude oil prices, which fuelled the prior session’s rally, retreated. Soybeans also declined, despite the announcement of more sales to top importer China, as forecasts for continued warm weather across much […] Read more



Funds’ canola short position up, for now

MarketsFarm — Fund traders added to their large net short position in canola during the week ended Tuesday (Sept. 10), according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in Tuesday at 73,025, an increase of about 7,000 […] Read more





Today’s precipitation

Data from weather stations across the Prairies are available to Glacier FarmMedia members at the WeatherFarm website, where you can also sign up for a daily forecast email for your area. On the go? Get the WeatherFarm mobile app, available for iPhone and Android devices. To learn more about the CoCoRaHS system that generates these precipitation maps […] Read more

Trump trade-war aid sows frustration in farm country

Rochester, Minnesota | Reuters — The U.S. government is paying Texas cotton farmer J. Walt Hagood US$145 an acre for losses related to U.S. President Donald Trump’s trade policies. But Minnesota soybean farmer Betsy Jensen will get just US$35 an acre. Both farmers’ sales have taken heavy blows in Trump’s trade war with China. Neither […] Read more