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Stories by GFM Network News

Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Corn rallies most since July on lower US plantings outlook

By Reuters, GFM Network News March 28, 2024
Chicago Board of Trade corn futures posted their biggest one-day rally since July after the U.S. Department of Agriculture on Thursday reported grain stocks and intended plantings below trade estimates.

Photo: Scharfsinn86/Getty Images
Markets

CBOT Weekly: Markets react to USDA reports

By GFM Network News March 28, 2024
Projected corn acres at the lower end of trade expectations was the most notable news after the United States Department of Agriculture (USDA) released its Prospective Plantings and Quarterly Stocks reports on March 28.


  Photo: Greg Berg
Markets

Prairie Wheat Weekly: Mixed bids for spring wheat, durum higher

By GFM Network News March 28, 2024
Western Canadian bids for Canadian Prairie Red Spring (CPRS) and durum wheat were higher, but there were declines in Canadian Western Red Spring prices during the period of March 21 to 27.

Photos: Deimagine/Getty Images
General, Livestock

Dairy farms urged to take precautions against bird flu

Migrating birds like ducks and geese a likely vector for the disease

By Jeff Melchior, GFM Network News March 28, 2024
Alberta Milk is urging Canadian dairy producers to take precautions against migrating birds after avian influenza was detected in dairy cattle in three U.S. states.


(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock

Cargill renews top-up payment for CRSB-certified beef

By Geralyn Wichers, GFM Network News March 28, 2024
Cargill and its customers have renewed a program that would ensure beef producers receive at least $400 for being certified under the Canadian Roundtable for Sustainable Beef (CRSB).

(IP Galanternik D.U./E+/Getty Images)
General

Canadian Meat Council decries TFW changes

Industry group says ending special measures for sector is 'premature'

By GFM Network News March 28, 2024
Incoming changes to the Temporary Foreign Worker Program will add to the sector's already significant labour challenges, the Canadian Meat Council says.


Photo: Mlenny/iStock/Getty Images
General, Reuters

EU envoys strike new deal on Ukraine food imports

By Reuters, GFM Network News March 27, 2024
Ambassadors from European Union countries reached a revised deal on Wednesday to extend tariff-free food imports from Ukraine - with restrictions - after some states complained the original agreement risked destabilizing the bloc's agricultural markets.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Corn and soy fall on positioning ahead of USDA reports

By Reuters, GFM Network News March 27, 2024
Chicago Board of Trade (CBOT) corn and soybean futures ticked down on Wednesday as traders adjusted positions ahead of U.S. Department of Agriculture (USDA) quarterly grain stocks and prospective plantings reports due on Thursday.


(Philpell/iStock/Getty Images)
General

UK says rules of origin deal with Canada probably won’t be extended

Post-Brexit trading rules expire at the end of March; trade talks paused over tensions

By Reuters, GFM Network News March 27, 2024
Britain said on Wednesday that post-Brexit trade arrangements with Canada that enable its carmakers to avoid high tariffs there were likely to expire next week, marking the latest deterioration in trade ties between the historic allies.

Photo: Greg Berg
Markets

ICE Canada Weekly: Canola set to rise, but not a sure thing

By GFM Network News March 27, 2024
After incurring sharp losses on Tuesday and Wednesday, canola futures on the Intercontinental Exchange were poised for a turnaround to swing higher. MarketsFarm analyst Mike Jubinville suggested that cash prices on the Canadian Prairies should soon return to C$14 per bushel and maybe push as high as C$15.


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