GFM Network News





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U.S. grains: Soybeans gain on weather concern; global demand pressures corn, wheat

Chicago | Reuters – Corn and wheat futures slipped on Wednesday, tracking falls in outside energy markets as rising Delta-variant coronavirus cases raised worries that renewed restrictions could limit demand and overwhelmed recent weather concerns for U.S. crops. Chicago soybeans ended higher, supported by a private assessment of the U.S. crop, released Tuesday after the […] Read more

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U.S. livestock: CME live cattle firm on scarce supply and firmer cash markets

Chicago | Reuters – Chicago Mercantile Exchange live cattle futures firmed on Wednesday as cash trade firmed and wholesale beef prices march higher, traders said. “We have some tighter market-ready cattle supplies right now. The outlook is for supplies to tighten further later in the year and into next year,” said Doug Houghton, technical analyst […] Read more


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U.S. livestock: CME lean hogs firm as market-ready supplies remain soft

Chicago | Reuters – Chicago Mercantile Exchange lean hog futures gained for a second day on Tuesday, supported by lower supplies of market ready hogs as the August futures contract nears expiration. “Until we start seeing better numbers coming forward on packer runs, I think that’s going to elevate things a little bit,” said Matthew […] Read more

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U.S. grains: Soybeans fall on improved crop outlook, forecast

Chicago | Reuters – Chicago soybean futures sank on Tuesday after the previous day’s better-than-expected crop conditions report coupled with forecasts for rain across the U.S. Midwest as the oilseed begins to set seed pods. Corn and wheat also fell but found support from earlier hot, dry weather that will likely cut yields. The most-active […] Read more


Nelson Aquino observes his pig farm after pigs died of African swine fever, as the government announced the slaughter of tens of thousands of pig after detecting outbreaks of African swine fever in pigs farms across the country, in Palmarito, Monte Cristi, Dominican Republic August 1, 2021. Photo: Reuters/Ricardo Rojas

Dominican Republic to kill thousands of pigs over swine fever outbreak

Santo Domingo | Reuters – The Dominican Republic will slaughter tens of thousands of pigs after detecting outbreaks of African swine fever in 11 of the country’s 32 provinces, authorities said on Monday. Fernando Duran, administrator of the state-run Banco Agricola, told a news conference the government will pay pig farmers the market price of each animal […] Read more

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Pulse weekly outlook: Dry edible beans faring well in Manitoba weather

MarketsFarm – Like all crops, dry edible beans have been affected by the high heat and drought-like conditions which have plagued most of Manitoba this summer. However, they have weathered the conditions better than most, according to Manitoba Agriculture’s provincial pulse specialist. “For the most part, the dry beans are looking okay,” said Dennis Lange. […] Read more





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