GFM Network News


Ceres closes on option to buy Delmar Commodities

U.S. commodities firm Ceres Global Ag Corp. has exercised its option and closed its deal to buy Manitoba grain merchandising firm Delmar Commodities. Ceres announced Friday it has completed the deal to buy all of Delmar’s shares for about $15.25 million in cash and assume about $7.6 million in existing term debt. The Minneapolis firm […] Read more

Telus buys Farm At Hand

Vancouver farm management software development firm Farm At Hand has become an arm of one of the Big Five in Canada’s communication services sector. Farm At Hand, which makes the cloud-based Crop Planner software suite for farmers and the Farm At Hand Agronomy suite for agronomists, announced Tuesday it has been wholly acquired by Telus […] Read more


Prairie hail claims pass 10,000 for year

MarketsFarm — More than 10,000 claims for hail damage have been filed by Prairie farmers so far in 2019 with insurance companies belonging to the Canadian Crop Hail Association. Between July 27 and Aug. 6, hail on the Prairies saw farmers add 900 claims alone, according to a CCHA press release Friday. To date overall, […] Read more

USDA attache to Canada predicts larger wheat crop

MarketsFarm — A new report from the Ottawa-based attache to the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) has raised its estimate of total wheat production in Canada for 2019. The report Thursday from attache Phil Hayes increases FAS’s estimate of wheat production in Canada for 2019 to 32.65 million tonnes, compared to last […] Read more


Funds cover canola short positions

MarketsFarm — Fund traders covered some of their large net short position in canola during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in canola came in Tuesday at 66,293, a decrease of roughly 3,000 contracts […] Read more






Ag-state senator says Trump EPA ‘screwed us’ with biofuel waivers

Washington | Reuters — Iowa’s Republican Senator Chuck Grassley said the Trump administration’s Environmental Protection Agency has “screwed” the U.S. ethanol industry and farmers by granting waivers to 31 small petroleum refineries, effectively exempting them from an obligation to use more ethanol in their products. The powerful senator, who represents the largest ethanol-producing state in […] Read more