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Stories by GFM Network News

Photo: iStock/Getty Images
Livestock, Markets

Ag minister talks Proposition 12, VCOOL with the U.S.’s Vilsack

The trip marks MacAulay's first ministerial visit to the U.S. since regaining the role

By Geralyn Wichers, GFM Network News January 19, 2024
Proposition 12 and voluntary country of origin labelling (VCOOL) were among topics raised during federal Ag Minister Lawrence MacAulay's first ministerial trip to to the U.S. after being appointed to the portfolio late last year.

Farmers protesting in Toulouse, France, on January 16, 2024, with tractors bearing placards that read ‘Macron still an effort, soon all farmers will be dead’. Photo by Alain Pitton/NurPhoto via Reuters
General, Reuters

France could face nationwide farmer protests as anger mounts

Farmers cite fuel taxes, excessive restrictions and red tape among grievances

By Reuters, GFM Network News January 19, 2024
France's largest farm union FNSEA is considering nationwide protests in the coming weeks, a spokesperson said on Friday, potentially expanding action by farmers in the southwest who have blocked a highway and dumped manure on public buildings.


CME live cattle LEJ24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: Follow-through buying carries CME cattle to eight-week highs

Cattle lighter after severe winter weather traders say

By Reuters, Tom Polansek, GFM Network News January 18, 2024
Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.

CBOT soybeans ZSH24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn futures end higher after setting multi-year lows

Beneficial rains have eased concerns about crop damage in Brazil from drought

By Reuters, Tom Polansek, GFM Network News January 18, 2024
Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.


Photo: Thinkstock
Crops, Markets

Western Canadian feed market cold, but quiet

General trend in barley pricing flat to lower

By Phil Franz-Warkentin, GFM Network News January 18, 2024
Extreme cold temperatures in Western Canada have done little to move the needle on feed grain markets as corn continues to come up from the United States and end users appear well covered for the time being.

Photo: Thinkstock
Crops, General

China’s embrace of GMO crops gains momentum with new import, planting approvals

GMO corn, soybeans, cotton recently approved for domestic production in China

By Mei Mei Chu, Reuters, GFM Network News January 18, 2024
China on Thursday approved additional varieties of genetically modified soybeans and corn for import and production while expanding their planting areas nationwide, as part of a drive to improve food security and reduce imports.


FILE PHOTO: People walk on the beach as a container ship crosses the Gulf of Suez towards the Red Sea before entering the Suez Canal, in El Ain El Sokhna in Suez, east of Cairo, Egypt April 24, 2017. Picture taken April 24, 2017. Photo: Reuters/Amr Abdallah Dalsh
General, Reuters

Red Sea crisis cutting farm exports from Ukraine, minister says

Wheat shipments via Suez plunge amid Red Sea attacks: WTO

By emma-farge, Pavel Polityuk, Reuters, GFM Network News January 18, 2024
The situation in the Red Sea has led to a slowdown in Ukrainian agricultural exports in January, agriculture minister Mykola Solsky said on Thursday.

CBOT soybeans ZSH24 on Jan. 17, 2024, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soy futures drop near two-year low, corn sets three-year low

Wheat ended nearly unchanged after touching seven-week low on Tuesday

By Reuters, Tom Polansek, GFM Network News January 17, 2024
Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.


CME live cattle LEJ24 on Jan. 17, 2024, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter

Lean hogs ended slightly up after early plunge

By Reuters, Tom Polansek, GFM Network News January 17, 2024
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.

On the morning of Dec. 30, the nearby January canola contract apparently hit a new all-time high.  Photo: File
Markets

ICE weekly outlook: Virtually no upside for canola

Forthcoming South American soybean harvest a bearish influence

By Glen Hallick Marketsfarm, GFM Network News January 17, 2024
With 2024 well underway, canola has very little reason to get excited, according to analyst Wayne Palmer of Exceed Grain in Winnipeg. 


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