GFM Network News

More News →
Archives

CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans reach one-month high on weather woes

Wheat up, corn mixed

By ,
Chicago | Reuters –– U.S. soybean futures hit a one-month high on Tuesday on worries about dry conditions in the Midwest hurting crop prospects and spillover strength from crude oil, traders said. Corn futures were mostly higher on the Midwest weather jitters, but the nearby July contract fell on profit-taking and worries about demand for […] Read more
Signage on Viterra’s office building in Regina. (Dave Bedard photo)
Crops, Markets

Bunge, Viterra confirm marriage plans

Firms to merge under Bunge banner

By ,
The grain handler built out from the foundations of the former Prairie pools is set to be absorbed into one of the world’s biggest grain trading firms in a cash-and-stock deal. After the news leaked out last month, Rotterdam-based Viterra confirmed Tuesday morning it’s “concluded an agreement” to merge into Bunge — the St. Louis-based […] Read more
CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn climbs on dry conditions

Wheat follows corn higher, soybeans mixed

By ,
Chicago | Reuters — U.S. corn futures rose to a nearly two-month high on Monday as traders fretted about disappointing weekend rains and dry conditions stressing crops in portions of the Midwest crop belt, analysts said. Wheat futures followed, finding additional support from rising tensions in the Black Sea region. Soybean futures settled mixed, with […] Read more
RJ Sigurdson, MLA for Highwood, is sworn in on June 9, 2023 as Alberta’s minister of agriculture and irrigation. (Government of Alberta video screengrab via YouTube)
Livestock

Calgary-area MLA named Alberta’s new ag minister

RJ Sigurdson to handle ag file, Horner moves to finance

By ,
The Alberta government’s caucus lead on emergency medical services (EMS) reform has been promoted to handle the agriculture file in a post-election cabinet shuffle. RJ Sigurdson, MLA for the constituency of Highwood, just south of Calgary, was sworn in Friday by Lt.-Gov. Salma Lakhani as Alberta’s new minister of agriculture and irrigation, replacing Nate Horner. […] Read more
(Qingwa/iStock/Getty Images)
Crops, Markets

USDA’s June WASDE report brings few notable changes

Canadian wheat harvest expectation unchanged

By
MarketsFarm — Very few major changes were made in the latest edition of the world agriculture supply and demand estimates (WASDE) published Friday by the U.S. Department of Agriculture. For the 2023-24 crop year, USDA pegged total domestic wheat production at 1.665 billion bushels, slightly higher than the 1.659 billion in the department’s May estimates. […] Read more
CBOT July 2023 soybeans with 20-day moving average (dark green line, right scale) and CBOT July 2023 soybean oil (yellow line, left scale). (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans up as soyoil touches one-month high

Traders watch U.S. crop weather forecasts

By ,
Chicago | Reuters — Chicago Board of Trade soybean futures exceeded a three-week high on Friday as demand from end-users helped push soybean oil above a one-month peak, traders said. Spillover support from soyoil’s rally lifted soybeans while corn futures slumped, traders said. Soyoil has advanced more than 22 per cent since dropping on May […] Read more
File photo of grilled pork intestine on skewers at a street food stall in the Philippines. (Junpinzon/iStock/Getty Images)

Philippines to host Canada’s Indo-Pacific ag office

AAFC/CFIA base to be set up in Manila, Bibeau says

By ,
Canada’s agriculture department and food safety agency will carry out their part of the federal government’s Indo-Pacific strategy from a new office in Manila, Philippines. Federal Agriculture Minister Marie-Claude Bibeau announced the office’s location Wednesday in Ottawa during a meeting with the Canadian Agri-Food Trade Alliance (CAFTA), which represents Canada’s export-dependent ag commodity groups on […] Read more
CBOT July 2023 soft red winter wheat (candlesticks, right scale) with MGEX July 2023 hard red spring wheat (yellow line, left scale) and K.C. July 2023 hard red winter wheat (orange line, left scale). (Barchart)
Crops, Markets, Reuters

U.S. grains: Wheat futures rebound

Corn, soybeans close firm

By ,
Chicago | Reuters — U.S. wheat futures rose on Thursday, bouncing back from a sharp sell-off a day earlier on support from technical buying and concerns about supply disruptions stemming from the Russia-Ukraine war, traders said. Corn and soybeans also closed in positive territory, with old-crop contracts supported by expectations that supplies will remain tight […] Read more
A climate change activist plays a violin in New York City’s Times Square as Manhattan is shrouded in haze and smoke which drifted south from wildfires in Canada, on June 7, 2023. (Photo: Reuters/Maye-E Wong)
General, Reuters, Weather

International help rolls in to fight unyielding Canadian wildfires

Almost 80 of Quebec's fires currently out of control

By
Ottawa | Reuters — Allies around the world are promising to boost support for Canada’s fight against hundreds of blazes amid the country’s worst-ever start to wildfire season, which is fueling concerns about the worsening consequences of climate change. Forest fires continued to burn across Canada on Thursday, forcing thousands of people from their homes […] Read more
File photo of an ammonia pipe. (Jupiterimages/Photos.com/Getty Images)
Crops, Reuters

Kremlin says ammonia pipeline blast negative for Black Sea grain deal

Russia had sought transit for ammonia via Ukraine

By ,
Moscow | Reuters — The Kremlin said on Thursday that there would be a “negative impact” on the fate of a Black Sea grain deal from a blast which damaged a pipeline used to export Russian ammonia via Ukraine that Moscow wants restarted. The Togliatti-Odesa pipeline, which once pumped up to 2.5 million tonnes of […] Read more

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for August 8, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →