GFM Network News



As Biden tours Iowa, farmers want to know where he stands on ethanol

New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering questions in the U.S. Farm […] Read more


Trump simplifies reviews of genetically modified farm products

Council Bluffs | Reuters — U.S. President Donald Trump signed an executive order on Tuesday directing federal agencies to streamline the review process for agricultural biotechnology including genetically modified livestock and seeds. Trump signed the order during a visit to an ethanol plant in Council Bluffs, Iowa. The executive order, he said, would “speed up […] Read more

Corn down, soybeans steady in latest U.S. supply/demand report

MarketsFarm — Corn production in the U.S. has been projected to drop by almost nine per cent in 2019, according to the latest world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA). The department released its report on June 11, with some notable changes and ‘non-changes’ compared to its May […] Read more


Pulse weekly outlook: Lentil exports ahead of last year’s pace

MarketsFarm — Canada’s lentil exports have been good this year, according to Marlene Boersch of Mercantile Consulting Venture in Winnipeg. “At the end of April we were 26 per cent ahead of last year’s pace. Most of that is due to buying from India. Everybody’s surprised,” she said, Total lentil exports were 1.16 million tonnes […] Read more

U.S. grains: Corn hits one-week high as USDA cuts yield more than expected

Chicago | Reuters — U.S. corn futures climbed to a one-week high on Tuesday after the U.S. Department of Agriculture (USDA) made a bigger-than-expected cut to its yield estimate due to unprecedented planting delays this spring. USDA, in a monthly report, slashed its corn yield projection by 10 bushels an acre from May, or 5.7 per […] Read more