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Stories by GFM Network News

Oats. (Greg Berg photo)
Crops, General

Canadian farmers blamed for ag chemical in U.S. oat foods 

Discovery sets off media story despite samples testing well inside safe levels

By Robert Arnason, GFM Network News February 20, 2024
A U.S. environmental group is pointing a finger at Canadian oat growers, saying they’re the cause of ag chemical residues found in Cheerios and Quaker Oats.

Photo: Zoranm/iStock/Getty Images
Markets

Record large fund short position grows in canola

Net short in soybeans, corn also grew

By GFM Network News February 20, 2024
Speculators added to their already record large net short position in early February, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).


(Geralyn Wichers photo)
Livestock, Markets

Klassen: Feeder market shows signs of herd expansion

Some buyers suggest some heifers are being purchased for breeding

By Jerry Klassen, GFM Network News February 20, 2024
For the week ending February 17, Western Canadian prices for yearlings and backgrounded cattle were quoted $2-$4/cwt higher than seven days earlier.

Photo: Kkolosov/iStock/Getty Images
General, Livestock

National hog research firm gets $10.6 million in federal funds

Research to include new vaccines, antimicrobial alternatives, feed strategies, and genetics

By Geralyn Wichers, GFM Network News February 20, 2024
The federal government has pledged up to $10.6 million for hog sector research, it said in an announcement today.


Greek farmers, with their tractors, protest in front of the Greek parliament over rising energy costs and competition from imports in Athens, Greece, February 20, 2024. REUTERS/Louisa Gouliamaki
General, Reuters

Protesting Greek farmers drive tractors to parliament

Farmers to add pressure on gov., which has offered power bill discount, extension of fuel rebate

By Reuters, GFM Network News February 20, 2024
Farmers from across Greece drove their tractors to Athens on Tuesday, stepping up weeks of protests over rising costs, foreign competition and catastrophic flooding.

Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soy futures rebound as corn sets new three-year lows

Soybean market oversold, analyst says

By Reuters, Tom Polansek, GFM Network News February 16, 2024
Chicago Board of Trade soybean futures jumped on Friday on short covering before a long weekend, a day after slumping to a three-year low, analysts said.


Photo: Thinkstock
General

The ‘Ozempic effect’ could cut world food consumption: report

AI and the end of free water among food marketer's trends to watch

By Geralyn Wichers, GFM Network News February 16, 2024
Will calorie consumption decline in the future thanks--in part--to a viral weight-loss drug? A recent food trend report suggests it could.

In late 2023, Massey Ferguson’s 500R sprayer was recognized with a 2024 AE50 award.  Photo: Greg Berg
Machinery

New Massey Sprayer comes to NFMS, combines and grain carts get synchronized

By Greg Berg, GFM Network News February 16, 2024
Product offerings that simplify how farmers work in the field often get more than a cursory glance on the farm show floor. This is the case for two machinery manufacturers at the National Farm Machinery Show (NFMS) in Louisville, Kentucky. Day two of the NFMS saw Massey Ferguson debut its 500R sprayer to attendees, and […] Read more


Photo: Singh_Lens/iStock/Getty Images
General

New farm income record set in 2023, estimates suggest

Despite challenges like drought and war, Canadian farms proved resilient

By GFM Network News February 16, 2024
Canadian farm income may have set a new record in 2023. That's according to the official 2023 and 2024 estimates released February 16 by Agriculture and Agri-Food Canada.

Photo: Scharfsinn86/Getty Images
Markets

Prairie wheat weekly outlook: Weaker U.S. futures drag Western Canadian wheat bids

Cheaper Russian wheat exports also dragged global wheat prices down

By GFM Network News February 16, 2024
United States wheat futures hit new contract lows and pressured Western Canadian wheat bids during the week ended Feb. 15.


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