GFM Network News



CBOT weekly outlook: Traders think soy yields less than USDA predicting

CNS Canada — After the wet weather the U.S. Midwest has experienced lately, traders aren’t exactly sold on the latest numbers from the U.S. Department of Agriculture (USDA). “We’re getting a lot of calls in and people talking about their beans are losing yield left and right, because the pods are splitting, beans are sprouting. […] Read more



World crop briefs: Russia makes wheat pitch to Algeria

CNS Canada — Russia is attempting to crack Algerian wheat markets open, according to reports from Bloomberg news agency. Russia recently hosted a tour of Algerian officials and plans to send a trial shipment of wheat to Algeria soon, the agricultural agency Rosselkhoznadzor told Bloomberg. Russian wheat exports to Algeria have previously been limited because […] Read more


Feed weekly outlook: Manitoba corn seems headed for lower yields

CNS Canada — Manitoba’s corn crop harvest is getting underway earlier than expected, which could point to potential yield problems. While it’s too early to provide firm yield estimates, Morgan Cott, field agronomist for the Manitoba Corn Growers Association, said some high-moisture corn was already harvested in mid-September, and regular grain corn harvest got underway […] Read more

CBOT weekly outlook: USDA reports not expected to shake up markets

CNS Canada — Corn, soybean and wheat futures in the U.S. are awaiting the latest U.S. Department of Agriculture (USDA) reports, but traders aren’t expecting the reports to much of an effect on prices. USDA releases its quarterly grain stocks and small grains summary reports on Friday. “It basically wraps up the 2017-18 crop year […] Read more


Feed weekly outlook: Cheap corn, Prairie harvest quality weigh on prices

CNS Canada — Cheap corn imports and adverse Prairie harvest conditions should mean no shortage of feed grain in Alberta’s feedlot alley this winter — which should also keep prices under pressure going forward. “Anytime you get a ripe crop and you get snow and rain falling on it, it normally doesn’t make better quality,” […] Read more