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GFM Network News

  • Photo: Geralyn Wichers

    U.S. livestock: Live cattle drop as beef prices, packer margins erode

    9 hours ago
  • Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

    CBOT Weekly: Soybean, wheat futures come down

    11 hours ago
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Stories by GFM Network News

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Markets

Fund traders back adding to short positions in canola

By Phil Franz-Warkentin, GFM Network News April 22, 2024
The net managed money short position in canola grew for the first time in seven weeks as fund traders put on fresh bearish bets in mid-April, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Entry way to the Global seed vault in Svalbard. Photo: BDPhoto/iStock/Getty Images
General, Reuters

Crop Trust seeks more funding to protect global seed diversity

Climate change, surge of conflict makes crop seed preservation more urgent, organization says

By Ahmed Eljechtimi, Reuters, GFM Network News April 22, 2024
Crop Trust, which works to preserve crop bio-diversity, needs to more than double its $300 million endowment fund to be able to support seed banks across the world, Executive Director Stefan Schmitz said.


Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soy, corn futures rally on bargain buying, geopolitical tensions

By Renee Hickman, Reuters, GFM Network News April 19, 2024
U.S. corn and soybean prices rose on Friday as heightened geopolitical tensions spurred a round of bargain buying after the benchmark contracts in both markets fell to their lowest levels in more than six weeks, traders said.

Poland is trying to move Ukraine grain by rail due to Russia’s blockade of Ukrainian sea ports on the Black Sea.  Photo: IanChrisGraham/iStock/Getty Images
Crops, Markets

AAFC makes a few tweaks in Apr S&D report

By Glen Hallick, GFM Network News April 19, 2024
Agriculture and Agri-Food Canada made a small amount of changes in its April supply and disposition report released on Apr. 19. Of the changes made, nearly all were slight adjustments to its pulse and special crop numbers.


Photo: Sasapanchenko/iStock/Getty Images
Markets

Feed Grain Weekly: Prices in holding pattern for now

By Glen Hallick, GFM Network News April 19, 2024
With farmers across Western Canada getting ready to plant their crops or they have already made a few rounds in the field, feed grain prices across the Prairies remained in a holding pattern, according to Jerry Klassen of Resilient Capital in Winnipeg, Man.

Photo: Scharfsinn86/Getty Images
Markets

Prairie Wheat Weekly: Weaker loonie generates increases

By Glen Hallick, GFM Network News April 19, 2024
There were small to modest gains in wheat prices on the Canadian Prairies for the week ended Apr. 18. Canadian Western Red Spring Wheat, Canada Prairie Red Spring Wheat, and Canadian Western Amber Durum made advances despite losses in the United States wheat complex.


Dairy farmer Brent Pollard walks past and examines the cow pen at a cattle farm in Rockford, Illinois, U.S., April 9, 2024.  REUTERS/Jim Vondruska
General, Livestock

Several factors favour bovine influenza A detection on dairy versus beef farms 

By Stew Slater, GFM Network News April 19, 2024
University of Montreal faculty member Dr. Jean-Pierre Vaillaincourt said there are several reasons why dairy farms are more likely bovine hosts.

A farmer in China piles wheat.  Photo: Reuters/File
General, Markets, Reuters

China set for bumper harvests of grains and oilseeds, ministry says

By Reuters, GFM Network News April 19, 2024
China is set for another year of bumper harvest of grains and oilseeds, helped by expanded planting of winter wheat and rapeseed and healthy growth of seedlings, the country's agriculture ministry said on Friday.


File photo of soybeans being loaded for transport in Argentina. (Wirestock/iStock/Getty Images)
Markets

USDA, Conab widely differ on Brazil soybeans

By Glen Hallick, GFM Network News April 19, 2024
There’s a rather wide difference between the United States Department of Agriculture and its Brazil counterpart, Companhia Nacional de Abastecimento (Conab) when it comes to Brazil soybeans.

Photo: Canada Beef Inc.
Markets, Reuters

U.S. livestock: Live cattle end higher ahead of monthly USDA data

By Julie Ingwersen, Reuters, GFM Network News April 18, 2024
Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.


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