GFM Network News


U.S. grains: Soy, corn up on unfavourable South American weather

USDA lowers ratings for Kansas, Texas wheat crops

Chicago | Reuters — U.S. grain and soybean futures rose on Tuesday in a turnaround from losses the previous session, as concerns increased about unfavorable weather in crop-growing regions of South America. Traders are watching the effects of heat and dryness in Argentina and rains in Brazil amid worries about potential yield losses. The countries […] Read more

U.S. grains: Corn, soy, wheat futures ease in setback from surges

Sovecon raises Russian wheat export forecast

Chicago | Reuters — U.S. grain and soybean futures eased on Monday in a setback from rallies driven by concerns about tight crop supplies. The markets will likely not decline too sharply, traders said, because of strong demand from China and the need for large global harvests. In corn, speculative bullishness in corn remains near […] Read more


U.S. grains: Profit taking pressures wheat, corn, soybeans

Warmer spell also drags on winter wheat futures

Chicago | Reuters — Chicago Board of Trade wheat futures slid 2.8 per cent on Friday, their second straight day of declines, on a profit-taking setback as warming weather in the U.S. reduced the threat of damage to the dormant crop, traders said. Corn and soybean futures also were weaker but closed well above session […] Read more

Prairie farm slapped with plant breeders’ rights infringement penalties

Farmers need to know who they are buying seed from to avoid potentially significant costs

Infringing on Plant Breeders’ Rights (PBR) has cost a large southern Alberta farm a record $737,597. “The settlement relates to unauthorized advertisements and sales of PBR-protected barley and wheat varieties,” Alliance Seed, SeCan and an unnamed seed company said in a news release Wednesday. The settlement “includes the royalties, plus legal fees and penalties,” Todd […] Read more


Feed weekly outlook: Barley, wheat at par in Alberta

Demand also seen for heated canola

MarketsFarm — Prices for feed barley and wheat are running about the same, from where Susanne Leclerc sits at Market Master Ltd. in Edmonton. Barley and wheat going into central Alberta were both running at $315 per tonne, she said. “We’re seeing buyer strength gaining coverage for the summer,” she said, but noted trading activity […] Read more

Few alterations seen in new global supply/demand report

IGC expecting more corn grown this year

MarketsFarm — There were few notable changes in the latest monthly supply-and-demand report from the International Grains Council (IGC) on Thursday. One of the more significant alterations was its 1.42 per cent increase to total global production from that in 2019-20, at nearly 2.216 billion tonnes. It also raises its estimate for this marketing year’s […] Read more


U.S. grains: Weak export sales report pushes soy, wheat lower

Weekly corn exports slip to eight-month low

Chicago | Reuters — Chicago Board of Trade soybean futures fell 1.3 per cent on Thursday, after hitting a 6-1/2-year high overnight, on signs of poor export demand for U.S. supplies, traders said. Weak overseas demand also pressured the corn and wheat markets. “You had poor export sales,” said Jim Gerlach, president of U.S. broker […] Read more



U.S. grains: Brazilian storms push U.S. corn, soy futures higher

Cold-weather concerns support wheat

Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as storms in major production areas of Brazil disrupted fieldwork, threatening to slow export shipments from one of the world’s major suppliers, traders said. “Very heavy rains remain in the forecast for Brazil’s northern soybean belt, where farmers are trying to harvest this […] Read more

Dallas Mount believes understanding both the ecology and economics of livestock production can help these operations thrive.

The economics of livestock and grass

Dallas Mount helps beef producers dial in their business practices, while also taking care of the land

Livestock farms and ranches can slowly become stale enterprises with owners satisfied to view them simply as infrastructure supporting a way of raising a family. Conceding to this long-term mediocrity is a dangerous stance for many operations. Dallas Mount of the Wyoming-based Ranch Management Consultants (RMC) is in the business of helping ranchers transition from […] Read more