GFM Network News


Canada’s wheat ending stocks projections raised

MarketsFarm — Canadian wheat ending stocks for the current 2020-21 marketing year are forecast to be larger than earlier expectations, according updated supply/demand estimates Thursday from Agriculture and Agri-Food Canada. All-wheat ending stocks for 2020-21 are now forecast at 6.3 million tonnes, which compares with the September estimate of 5.9 million. The total wheat carryout […] Read more

U.S. grains: Wheat, soy, corn futures up on export prospects

Wheat markets also focused on weather

Chicago | Reuters — U.S. wheat, soybean and corn futures rose on Friday, with strong export demand continuing to push prices higher, traders said. Wheat notched the biggest gains, pushing back toward a six-year high on concerns about drought in major production belts, coupled with a flurry of overseas tenders illustrating the robust global demand. […] Read more


U.S. grains: Soy futures firm to highest since 2016

CBOT corn hits 14-1/2-month high; wheat 'was down all day'

Chicago | Reuters — Chicago Board of Trade soybean futures firmed on Thursday, hitting their highest in more than four years, with traders citing gains in the cash market and strong export demand for U.S. supplies as supportive factors. A fast export pace also underpinned the corn market while wheat futures eased on technical selling […] Read more



Four Quebec farm programs’ payments to roll early

FADQ to pay out $9.1 million on four programs on Nov. 1

Four provincial farm development programs in Quebec are to pay out to over 5,000 farm businesses a month ahead of schedule. La Financiere agricole du Quebec (FADQ), the provincial ag lending agency, announced Wednesday it will pay out about $9.1 million to businesses participating in the four programs effective Nov. 1. FADQ noted it made […] Read more

U.S. grains: Corn, soy rise on export hopes

Wheat futures dip on profit taking

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rose on Wednesday, as concerns about dry conditions in key global production areas of South America boosted export prospects for both U.S. commodities. Strength in the cash market also supported gains in corn and soybean futures, traders said. CBOT soft red winter wheat […] Read more


CBOT weekly outlook: Export demand supports wheat, soy

Lower U.S. dollar also supportive

MarketsFarm — Strong global demand, paired with concerns of dry growing conditions in key regions, has spurred U.S. wheat prices higher. “Some countries are getting nervous with the persistent dryness in several regions, which could reduce the supply of quality global wheat,” said Terry Reilly of Futures International in Chicago. Dry growing conditions in Ukraine, […] Read more

The Bin SumpPRO is a retrofit kit for grain bin sweep systems that improves grain bin safety by preventing plugging.

New product remedies grain bin sump flow issues

Bin SumpPRO defends against grain bin sump plugging, thereby improving bin safety

The new, patent-pending Bin SumpPRO system from Leading Edge Industries of Groton, S.D., remedies grain bin sump flow issues by breaking up clumps that would normally plug the sump. The product breaks up all types of clumps and ice above the floor and cuts and clears material lodged between the top of the floor and […] Read more


Wireworms a target for first Group 30 insecticide in Canada

BASF picks up registration for two broflanilide products

The list of insecticides cleared for use in Canadian crops now includes its first Group 30 chemistry, as BASF makes plans to launch it in new wireworm control products next year. BASF Canada Agricultural Solutions on Monday announced approval from Health Canada’s Pest Management Regulatory Agency (PMRA) for broflanilide, a GABA-gated chloride channel allosteric modulator. […] Read more

U.S. grains: Soybeans, corn rise on exports

CBOT December wheat extends rally

Chicago | Reuters — U.S. corn and soybean futures rose on Tuesday on strong export demand while wheat firmed on concerns that dry weather could limit global production, traders said. Soybean futures rose one per cent, with traders shrugging off some much-needed rain in Brazil due to the strong pace of overseas buying. “The grains […] Read more