GFM Network News


CBOT weekly outlook: Corn, soy seen rising

CNS Canada — Corn and soybean futures at the Chicago Board of Trade are moving in turbulent trade with each U.S. weather forecast. “It’s all on raindrops right now,” said Scott Capinegro of Barrington Commodity Brokers. Recent forecasts for rain have pressured corn and soybean markets, though declining crop conditions could provide support moving forward. […] Read more

ICE weekly outlook: Canola trades on weather

CNS Canada — It’s the time of year when canola prices closely follow the weather, and while recent rain has caused some losses, the market could hold onto its premium. “In some ways you could say it’s a classic weather market,” said Jon Driedger, senior market analyst at FarmLink Marketing. Prices had gained following dryness […] Read more






Dairy protection sought ahead of NAFTA talks

CNS Canada — The head of Canada’s dairy industry group highlighted the role of Canadian dairy producers in the domestic market, as the potential for trade agreement renegotiations loom. U.S. President Donald Trump said earlier in the year he was considering pulling the U.S. from the North American Free Trade Agreement (NAFTA), but later shifted […] Read more


Workers fired following chicken abuse video

CNS Canada — A British Columbia company tied to nationally broadcast footage of livestock abuse has laid off five workers, according to a statement from the organization Tuesday. The animal rights and vegan advocacy group responsible for capturing the video says that’s not enough, and is pursuing legal action. Employees at a Vancouver-area chicken farm […] Read more



Pea, lentil buyers digest lower values, weather

CNS Canada — Buyers, sellers and processors in Canada’s pulse sector are holding steady as an act of safeguarding themselves during a precarious time in the growing season. “People are just kind of buying what they need,” said David Newman of Commodious Trading, a Victoria-area company dealing with international trade and processing of lentils, peas, […] Read more