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Stories by GFM Network News

FILE PHOTO: People walk on the beach as a container ship crosses the Gulf of Suez towards the Red Sea before entering the Suez Canal, in El Ain El Sokhna in Suez, east of Cairo, Egypt April 24, 2017. Picture taken April 24, 2017. Photo: Reuters/Amr Abdallah Dalsh
General, Reuters

Only grain ships from Black Sea and for Iran still crossing Red Sea, analysts say

Houthi attacks have disrupted global shipping since November, forcing ships to re-route

By Reuters, GFM Network News March 1, 2024
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the Red Sea as Houthi militants continue to attack vessels in the area, analysts said on Friday.

Ed Usset, grain marketing economist from the University of Minnesota, addresses the 2024 Commodity Classic. Photo: Sean Pratt
General

Commodity Classic day one: Farmers concerned about EPA’s herbicide strategy

Farm bill, USDA crop forecasts on American farmers' minds at the Houston farm show

By Sean Pratt, GFM Network News March 1, 2024
Day one of the 2024 Commodity Classic is in the books and a few interesting themes emerged from the annual gathering of U.S. corn, soybean, wheat and sorghum growers.


Polish farmers gather as they protest at Lithuanian border, alleging Ukrainian grain transports are brought back into Poland as ‘EU’ grain, and against European Union ‘Green Deal” near border crossing at Polish Lithuanian border in Budzisko, Poland, March 1, 2024. REUTERS/Kacper Pempel
General, Reuters

Polish farmers take grain protests to Lithuanian border

Farmers continue to protest against what they say is unfair competition from outside the EU

By Reuters, GFM Network News March 1, 2024
Polish farmers protested on the border with Lithuania on Friday against what they say are imports of Ukrainian grain through the Baltic country, something the Lithuanian officials deny.

Photo: File
Markets, Reuters

U.S. livestock: Cattle futures continue to slide on profit-taking

Traders weigh potential impacts of Texas Panhandle wildfire's effects on cattle supply

By P.J. Huffstutter, Reuters, GFM Network News February 29, 2024
Chicago Mercantile Exchange feeder cattle futures fell again on Thursday, amid ongoing profit-taking as some market participants sought cover as cash prices continue to stay firm, traders said.


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

U.S. grains: Soybeans dip to new 3-year low in volatile trading day

Weekly soybean exports on lower end of expectations -USDA

By P.J. Huffstutter, Reuters, GFM Network News February 29, 2024
Chicago Board of Trade soybean futures dipped on Thursday to a new three-year low, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.

(Photo courtesy Canada Beef Inc.)
Markets

Feed barley stuck in downtrend

Canada has imported 564,900 tonnes of U.S. corn since Sept. 1

By Phil Franz-Warkentin, GFM Network News February 29, 2024
The Western Canadian feed market remains under pressure, with barley bids stuck in a steady downtrend.


File photo of signage outside Maple Leaf Foods’ Lagimodiere Boulevard plant in Winnipeg. (Dave Bedard photo)
General, Markets

Maple Leaf combines plant, meat protein divisions

Meat sales struggle in fourth quarter, plant sales drop

By Geralyn Wichers, GFM Network News February 29, 2024
Maple Leaf will merge its plant and meat protein divisions and plans to expand in the U.S. market, the company said in February. 

Oats. (Doug Wilson photo courtesy ARS/USDA)

Oat millers recommend not using Manipulator

Farmers advised the juice may not be worth the squeeze on heels of contamination report

By Robert Arnason, GFM Network News February 29, 2024
Oat millers in Canada are telling growers that a plant growth regulator isn't effective on oats, so farmers probably don't need to use it.


Warm spring in the forecast for most of Canada
Weather

Warm spring in the forecast for most of Canada

Moisture predicted to be normal across most of the country

By Phil Franz-Warkentin, GFM Network News February 29, 2024
All of Canada, aside from Yukon and parts of the Northwest Territories are expected to see warmer than normal temperatures over the next three months, according to the latest long-range seasonal forecast from Environment and Climate Change Canada, released Feb. 28.

Photo: Joel Carillet/iStock/Getty Images
General, Reuters

Companies in Ukraine see problems pile up, but most tough it out

Blockades, capital controls, insurance costs weigh on companies

By Marc Jones, Olena Harmash, Reuters, GFM Network News February 29, 2024
German supermarket chain Metro and its 3,400 employees in Ukraine have worked hard to get their business back to where it was before Russia's full-scale invasion two years ago.


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