GFM Network News



The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

CBOT weekly outlook: Eyes on U.S. election, next supply and demand report

MarketsFarm — With no final results yet Wednesday in the U.S. presidential election, there has been very little, if any, effect on the Chicago Board of Trade (CBOT), according to Allendale Inc. president Steve Georgy. “For the grain markets there hasn’t been a higher impact yet, but it is rather quiet,” he said from McHenry, […] Read more


(Photo courtesy Canaryseed Development Commission of Saskatchewan)

Canary seed supplies tighten

'Hidden' stocks of product seen shrinking

MarketsFarm — Canary seed stocks are presently tight for two reasons: unreported inventories have been used up, and poor yields from this year’s crop. David Nobbs of Purely Canada Foods in Saskatoon explained there was a “hidden inventory over the last four to five years,” never reported to Statistics Canada, that was used to meet […] Read more



CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soy rallies on expectations for higher exports

U.S. yield estimates may decline more, analysts say

Chicago | Reuters — Chicago Board of Trade soybean futures on Friday rallied to their highest since June 2018 as traders projected an increase in the U.S. Department of Agriculture forecast for exports with a further cut in domestic production. Corn futures reached a six-month high, while wheat futures fell to a two-week low. USDA, […] Read more



Chickpeas. (CalypsoArt/iStock/Getty Images)

Pulse weekly outlook: Chickpea market under pressure

Current crop up against disease issues

MarketsFarm — Lost demand due to the COVID-19 pandemic is keeping pressure on the Canadian chickpea market, despite disease issues causing problems for nearly a third of the country’s crop, according to an industry source. After disease caused problems for chickpeas in some areas of southern Saskatchewan in 2019, the radius of the problem area […] Read more

A farmer walks through a field of maize near Chikuni in the south of Zambia on Feb. 21, 2015. (Photo: Reuters/Darrin Zammit Lupi)

U.S. farming body, Zambian firm partner aim to boost crop yields

Country rebuilding drought-battered ag sector

Lusaka | Reuters — A U.S. non-profit organization has launched a US$40 million joint venture with one of Zambia’s top farm suppliers to boost crop yields and food security as farmers struggle to access finance amid the COVID-19 pandemic, the local company said on Sunday. The chairman of African Green Resources (AGR), Zuneid Yousuf, said […] Read more


File photo of a sunflower crop in Manitoba. (MysticEnergy/Getty Images)

Strong demand supports sunflowers

MarketsFarm — Global demand for sunflower oil is steadily increasing, according to Scoular’s Robert Deraas. Deraas, director of the Scoular Co.’s sunflower and bird food division, explained Wednesday at CropConnect in Winnipeg that the majority of Canadian sunflowers are grown for oil purposes. Increases in demand are driven largely by health-conscious consumers who use sunflower […] Read more

(JohnnyMad/Getty Images)

Variable yields supportive for mustard prices

MarketsFarm — Statistics Canada’s principal field crop production report last week estimated a significant drop in Canada’s 2019 mustard production. In September, the agency estimated Canadian mustard would total about 141,000 tonnes. However, due to challenging growing conditions and a slight reduction in acreage, the StatsCan estimates released Friday were revised downward to 134,600 tonnes. […] Read more