GFM Network News

More News →

Archives

Crops

Four-way Seeds Canada merger approved

Four organizations to amalgamate in February without CSGA on board

By ,
A merger of four Canadian seed industry organizations has been cleared to proceed without its fifth partner. Members of the Canadian Plant Technology Agency (CPTA), Commercial Seed Analysts Association of Canada (CSAAC), Canadian Seed Institute (CSI) and Canadian Seed Trade Association (CSTA) have voted in favour of amalgamation, the groups announced Wednesday. An inaugural board […] Read more
Crops, Markets, Reuters

U.S. grains: Soy futures sag on improving Brazil weather

CBOT March wheat rallies

By ,
Chicago | Reuters — U.S. soybean futures dipped to a 2-1/2 week low on Wednesday as forecasts for much-needed rains in portions of Brazil’s crop area prompted a round of long liquidation and profit-taking, traders said. Wheat futures rose, rebounding on bargain buying a day after the benchmark Chicago Board of Trade (CBOT) March contract […] Read more
Crops

Viterra brand goes worldwide

Glencore Agriculture begins rebranding in most countries

By ,
Glencore Agriculture has officially taken the name of its Canadian subsidiary as its own worldwide. Glencore Agriculture, co-owned by commodity firm Glencore and two Canadian public-sector pension fund investment firms, announced Monday it has started to use the name Viterra — and a new brand, “Viterra: The Agriculture Network” — in most of the 37 […] Read more
General, Markets, Weather

AgriStability proposal could have hidden cost, Pedersen warns

Manitoba's ag minister warns Bibeau's plan may hurt crop insurance, AgriInvest funding

By ,
Ottawa’s proposal for an improved AgriStability program could give farmers short-term gain for long-term pain, Manitoba’s agriculture minister Blaine Pedersen warns. At the online federal-provincial-territorial agriculture ministers’ meeting on Friday, federal Agriculture Minister Marie Claude Bibeau proposed dropping AgriStability’s maximum reference margin, and increasing the compensation rate from 70 to 80 per cent retroactively this […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat futures hit two-month low

Soybean, corn futures also decline

By ,
Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said. Corn and soybean futures also sagged, retreating from early strength as traders focused on forecasts for welcome rains in South American crop regions. […] Read more
Crops, Markets, Spring Wheat, Winter Wheat

Grain Farmers of Ontario to wind down wheat pool

Programs to end after 2020 marketing year

By ,
The remnants of Ontario farmers’ former single wheat marketing desk are set to disappear at the end of the 2020 crop marketing year. Grain Farmers of Ontario, which inherited the pooling system from one of its heritage organizations, the Ontario Wheat Producers’ Marketing Board, announced Tuesday it will wind down its wheat pool and its […] Read more
General, Weather

Seasonal forecast calls for more snow

By ,
MarketsFarm — Most of Canada should see above-normal snowfall over the next three months, according to updated seasonal forecasts released Monday from Environment Canada. Weather maps show a 40 to 60 per cent probability of more precipitation than normal across much of the country from December through February, with the heaviest accumulations expected in Quebec. […] Read more
Crops, Markets, Weather

StatsCan report to provide clarity on 2020 crop production

By ,
MarketsFarm — Market participants and producers will be looking to Statistics Canada’s principal field crop report, due out Thursday, for clarity regarding 2020 crop yields. “We’re looking to see how severely the heat damaged the crop, and how yield estimates were tempered later in the growing season,” said Jerry Klassen, an analyst in Winnipeg. Klassen […] Read more
General

No BRM breakthrough reached at ministers’ meeting

AgMins fail to find solution to business risk management program woes

By ,
No consensus on changes to business risk managements (BRM) programming was reached during the latest round of federal-provincial-territorial agriculture ministers’ meetings. After the meetings ended Friday, federal Agriculture Minister Marie-Claude Bibeau explained Ottawa was willing to maintain the current cost sharing of the programs at a 60-40 split between her government and the provinces. Bibeau’s […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending November 27, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.