GFM Network News


CBOT weekly outlook: Bullish U.S. Midwest weather story not over

MarketsFarm — Corn and soybean futures at the Chicago Board of Trade may have run into some profit-taking resistance, but underlying concerns over wet fields and lost acres should keep the general uptrend in place heading through the summer. “I don’t think this weather story is anywhere near over,” said Preston Zacharias of CHS Hedging’s […] Read more



Even though prices have dropped, the prospects for Alberta’s feedlot sector remain high, say feeders.

Despite current dip, cattle feeders optimistic about what lies ahead

With lots of cattle on increasingly pricey feed, margins are taking a hit, but optimism remains strong

The feedlot industry is experiencing a little dip right now, but the sector continues to chug along nicely. That’s why Doug Price opted to buy Western Feedlots at High River, which has been shuttered since 2016. “It was a fairly good-sized feedlot and we’re just tearing most of it down except the bunks and re-doing […] Read more

Commodities firm INTL FCStone enters Canadian market

Already handling ag commodities via partners north of the border, U.S. commodities brokerage and financial services firm INTL FCStone is bringing its own name into the Canadian market. The New York firm announced Tuesday it became a member of the Investment Industry Regulatory Organization of Canada (IIROC) effective May 17, clearing the company to offer […] Read more


Producers should use fungicide when there is an elevated risk of FHB,

DON a growing economic threat

Grain buyers are increasingly on the lookout for deoxynivalenol (DON), and producers need to take steps to “keep Canada’s markets open for all,” says Cereals Canada. “Domestic processors and export customers are increasingly testing shipments for mycotoxins,” said spokesperson Brenna Mahoney. “Shipments that exceed acceptable levels of DON could be rejected, which is a tremendous […] Read more




Today’s precipitation

Data from weather stations across the Prairies are available to Glacier FarmMedia members at the WeatherFarm website, where you can also sign up for a daily forecast email for your area. On the go? Get the WeatherFarm mobile app, available for iPhone and Android devices. To learn more about the CoCoRaHS system that generates these precipitation maps […] Read more



Muddy fields and pastures have been the norm in much 
of the U.S. grain belt this year.

Fears of a global grain glut on the rise

China’s pig herd has been decimated — and that’s bad news for feed grains and oilseeds, says economist


If you had asked Richard Gray last month whether global grain supply would outstrip demand coming into this growing season, his answer would have been a resounding yes. But now? It’s anyone’s guess. “A few weeks ago, it would have been very clear that global production was going to exceed demand,” said Gray, a veteran […] Read more