GFM Network News





Barley. (Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grain prices mostly steady through market turmoil

MarketsFarm — Despite commotion in markets due to economic impact from the COVID-19 coronavirus pandemic, feed grain prices have been steady, according to Nelson Neumann of Agfinity in Edmonton. Feed prices were in a steady decline since the cold snap around the beginning of January, he said. “This week/last week, we haven’t seen the price […] Read more




(Gonzalo Calle Asprilla/iStock/Getty Images)

U.S. CFTC says Kraft, Mondelez to pay $16M in wheat price manipulation case

Reuters — The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz and Mondelez International will have to pay US$16 million in penalty regarding a wheat manipulation case that dates back to 2015. Kraft Heinz, which was Kraft Foods until 2015, and snack food firm Mondelez bought $90 million of December 2011 wheat […] Read more



(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Grain prices softer ahead of harvest

MarketsFarm — Feed grain prices have softened ahead of harvesting season, due in part to improving growing conditions and a stronger Canadian dollar. Drought conditions earlier in the summer had threatened Prairie crop yields and buoyed feed grain prices, but the weather premium has subsided thanks to recent rains. “Rain showed us we’ll have a […] Read more


(Photo courtesy Canada Beef Inc.)

Feed weekly outlook: Weather buoys grain prices

MarketsFarm –– A dry spring on the Prairies, coupled with intensely wet weather south of the border, has frustrated producers and supported higher feed grain prices. Barley prices have rallied “quite strongly” due to dry weather observed across most of the Prairies, combined with tight supplies from previous years, said Nelson Neumann of Agfinity in […] Read more