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GFM Network News

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GFM Network News

  • Photo: JHVEPhoto/Getty Images Plus

    U.S. grains: Soybeans, corn fall on harvest pressure

    1 day ago
  • Photo: Geralyn Wichers

    U.S. livestock: Hog futures slide in technical correction

    1 day ago
  • National Day for Truth and Reconciliation: Acknowledging the past, seeking a better future

    1 day ago
More News →

Daily news


Photo: Greg Berg
Markets

Fund short position in canola smallest in six months

By Phil Franz-Warkentin October 28, 2024
The net fund short position in canola fell to its lowest level in six months during the week ended Oct. 22, as speculators covered bearish bets and put on new longs, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).

Photo: File
Barley, Canola, Cereals, Crops, Lentils, Markets, Oats, Peas, Potatoes, Pulses, Spring Wheat

Alberta harvest wraps up

By Glen Hallick - MarketsFarm October 28, 2024
Harvest operations in Alberta are virtually complete for 2024, the province’s crop report said. Combining advanced three points to 99 per cent finished as of Oct. 22 as well as being three points above the five-year average.


BRICS leaders tout joint finance, trade projects at Russian summit
News, Reuters

Opinion: BRICS summit shows determination for a new world order – but internal rifts will buy the West some time

By Stefan Wolff, The Conversation via Reuters Connect October 28, 2024
There's an internal battle in BRICS over its future direction. This, in turn, creates space and time for the West to exercise more positive and constructive influence in the ongoing process of reshaping the international order.

Photo: azgek/iSock/Getty Images
News, Reuters

Brazil fines meat packers $64 million for buying cattle from deforested Amazon land

By Reuters October 28, 2024
Brazil's environmental protection agency IBAMA has imposed 365 million reais (C$88.9 million) in fines on cattle ranches and meat packers, including the world's largest JBS SA, for raising or buying cattle on illegally deforested land in the Amazon.


(CNW Group/McDonald’s Canada)
News, Reuters

McDonald’s rules out beef patties as source of E. coli outbreak

By Reuters October 28, 2024
McDonald's on Sunday ruled out beef patties as a source of the E. coli outbreak linked to Quarter Pounder hamburgers, which has killed at least one person and sickened nearly 75 others.

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

U.S. grains: CBOT soybeans, corn drop on continued supply pressure

By Renee Hickman, Reuters October 25, 2024
Chicago Board of Trade soybean and corn futures fell on Friday, as hefty supply from a rapid U.S. harvest weighed heavily over contracts, market analysts said.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Cattle futures fall on positioning before USDA data release

By Renee Hickman, Reuters October 25, 2024
Chicago Mercantile Exchange live cattle futures dipped slightly on Friday, while feeder cattle and lean hogs ticked up as traders squared positions prior to the release of the U.S. Department of Agriculture's Cattle on Feed report, after a choppy week of trading, analysts said.

(OceanFishing/iStock/Getty Images)
News

U.S. farm bill, biofuels and vCOOL among American trends worth watching FCC says

By Jeff Melchior October 25, 2024
Voluntary country of origin labelling (vCOOL) for beef and pork, biofuel tax credit changes, and an impending U.S. farm bill are three U.S. agriculture trends worth watching according to recent analysis from Farm Credit Canada (FCC).


File photo of a desk in Canada’s Senate. (Dougall_Photography/iStock/Getty Images)
Livestock, News

Biosecurity bill C-275 amended in Senate 

By Geralyn Wichers October 25, 2024
Bill C-275, which was drafted protect farms from intruders who might spread animal diseases was amended in the Senate yesterday to include anyone who doesn’t respect biosecurity protocol.

File photo of barley being loaded for export at the Black Sea port of Mykolaiv, Ukraine on July 9, 2013. (Photo: Reuters/Vincent Mundy)
News, Reuters

Putin to examine Black Sea shipping proposals from Turkey’s Erdogan

By Anton Kolodyazhnyy, Guy Faulconbridge, Reuters October 25, 2024
Russian President Vladimir Putin said his Turkish counterpart, Tayyip Erdogan, had proposed reviving contacts on Black Sea shipping but that he had not yet had time to study the documents.


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