GFM Network News

New vaccine fights illnesses and improves food safety

A new vaccine that combats salmonella bacteria that make pigs and turkeys sick has been developed. Vaccines generally offer protection from one type of salmonella but can leave animals vulnerable to infections from other pathogen types. It can also leave unaffected “commensal” organisms — organisms animals carry but do not adversely affect their hosts. Commensal […] Read more

ICE canola sets new daily volume record

Canola contracts on the ICE Futures Canada trading platform posted record daily trade volumes on Tuesday, Dec. 10, far surpassing the previous record which was set only a week earlier. There were 68,962 canola contracts traded on the Winnipeg-based electronic market on December 10, according to preliminary trade data. That’s well above the previous daily […] Read more

CN Rail ready to move large Canadian grain crop

Record-large Canadian grain and oilseed crops will put extra stress on the country’s grain-handling system in 2013-14, making collaboration along the supply chain essential to move the crop efficiently, said Claude Mongeau, president and CEO of CN Rail in a news release. Total western Canadian crop production is now estimated at over 60 million tonnes, […] Read more

Canola futures see downward price action

WILD CARD There’s lots of potential for markets to move either up or 
down based on what happens with weather, currency and seeded acres

Canola futures on the ICE Canada platform experienced some weakness during the week ended Nov. 9 with the bearishly construed USDA supply-demand balance tables for soybeans encouraging some of the downward price action. A larger-than-anticipated U.S. soyoil ending stocks estimate from the USDA added to the bearish sentiment in canola. The unloading of positions by […] Read more