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Daily Network News

  • Photo: Getty Images Plus

    Klassen: Strong demand underpins Western Canadian feeder market

    3 hours ago
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Corn


(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soybeans should benefit as China lifts tariffs

By GFM Network News June 27, 2018
CNS Canada — The $9 a bushel mark seems like a distant memory for soybeans as import tariffs between China and the U.S. continue to sap buying interest in the crop. China buys roughly 60 per cent of the United States’ annual soy exports — and there’s no telling when or how that shortfall will […] Read more

(Jack Dykinga photo courtesy ARS/USDA)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Markets watch Japan wheat ban, trade fights

By GFM Network News June 21, 2018
CNS Canada — A Japanese ban on Canadian wheat might eventually push more wheat into feed markets, but traders say that’s not happening so far. Japan, Canada’s No. 2 wheat buyer after the U.S., instituted the ban last Friday after genetically modified wheat was discovered growing in Alberta. GM wheat is not approved for commercial […] Read more


(Ablokhin/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Tariff spats put markets in precarious spot

By GFM Network News June 20, 2018
CNS Canada — The Chicago Board of Trade soybean market is in recovery mode following a wild day where contracts hit nearly a 10-year low. “It was one of the craziest days we’ve seen in recent memory yesterday. And volume was just absolutely through the roof,” said Terry Reilly, a senior commodity analyst with Futures […] Read more

(EPA.gov via Flickr)
Corn, Crops, Machinery, Reuters

U.S. EPA won’t force refiners to make up waived biofuels volumes

By GFM Network News June 15, 2018
New York | Reuters — The U.S. Environmental Protection Agency said on Friday it cannot make large oil refineries blend additional biofuels into their gasoline to make up for volumes waived under the small refinery hardship waiver program, unless Congress authorizes it. The agency’s decision was certain to anger the powerful U.S. corn lobby and […] Read more


(Photo courtesy Canada Beef Inc.)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Optimism takes pressure off Prairie grains

By GFM Network News June 14, 2018
CNS Canada — Following recent rains across Western Canada, producers have opened their bins and are selling grain again for feed, taking some pressure off of the market. “It’s some relief from the rain that’s happened across the Prairies in the last two weeks. It’s allowing producers to comfortably sell the rest of their old-crop […] Read more

(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn, soybeans try to halt slide

By GFM Network News June 13, 2018
CNS Canada — The future looks hot and dusty for corn and soybeans in the U.S. Midwest and central Plains over the next week or so. While crops in the U.S. are generally off to a good start so far this year, the heat could still bring some much-needed support to both commodities. The July […] Read more


Valero Energy’s ethanol plant at Aurora, S.D., about 90 km north of Sioux Falls. (Valero.com)
Corn, Crops, Machinery, Reuters

U.S. EPA chief hints he could order more ethanol in fuel

By GFM Network News June 12, 2018
New York | Reuters — A week after the White House suspended its bid to reform the nation’s biofuels policy to aid oil refiners, the head of the U.S. Environmental Protection Agency on Tuesday dangled a tantalizing prospect to Midwest corn farmers, saying the agency has the power to expand sales of higher-ethanol gasoline blends. […] Read more

Barley south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Barley, Corn, Crops, Markets, Spring Wheat

Feed weekly outlook: Barley prices feeling some pressure

By GFM Network News June 8, 2018
CNS Canada — Prices for feed barley remain solid in Western Canada but demand could be lessening somewhat as the summer unfolds. “Buyers seem to have decent coverage going into later summer,” said Jared Seitz of Agfinity at Stony Plain, Alta. “So their pricing is starting to pull back.” Prices for feed wheat and barley […] Read more


(Ablokhin/iStock Editorial/Getty Images)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: U.S./China trade uncertainty weighs on soy

By GFM Network News June 6, 2018
CNS Canada — Trade uncertainty between China and the U.S., along with good U.S. growing conditions, is pressuring the soybean market on the Chicago Board of Trade (CBOT). During the week ended Wednesday, the July CBOT soybean contract dropped about 30 cents to $9.9425 per bushel (all figures US$). “The trade uncertainty is a major […] Read more

The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Corn, Crops, Machinery, Reuters

U.S. biofuels deal reported to be delayed indefinitely

By Reuters, GFM Network News June 6, 2018
Reuters — The Trump administration has indefinitely delayed a proposed overhaul of U.S. biofuels policy aimed at reducing costs for the oil industry, under pressure from corn state lawmakers who worry the move would undermine demand for ethanol, according to two sources familiar with the matter. The White House had been poised to announce reforms […] Read more


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