GFM Network News





CBOT weekly outlook: Soybeans and corn watching weather, waiting on acreage numbers

MarketsFarm – Shifting weather forecasts and trade talk rumours should keep the soybean and corn markets at the Chicago Board of Trade on edge over the next few weeks, as participants wait on updated acreage numbers from the United States Department of Agriculture. The USDA’s August 12 report will include results of an acreage resurvey […] Read more



A still image taken from CCTV video shows Canadian Robert Lloyd Schellenberg on Jan. 14 in court, where on retrial for drug smuggling he was sentenced to the death penalty in Dalian in China’s Liaoning province.

Political gamesmanship casts shadow over canola sector

China is still buying Canadian canola and the entire industry is hoping that doesn’t change

Concerns in the canola sector are mounting in lockstep with the growing tensions between China and Canada. “Everybody is very concerned about it,” a senior Canadian grain company official told Commodity News Service Canada. “If the conflict isn’t resolved, (canola) will be the obvious target, and that’s a deep concern to everybody.” The situation began […] Read more




CBOT weekly outlook: Soybeans wait on China news

CNS Canada — Soybean futures at the Chicago Board of Trade started 2019 on a firm note, bouncing higher on rumours of fresh Chinese buying interest. However, with the U.S. government still in partial shutdown mode, confirmation of that business was lacking and additional advances remain questionable. “We’re basically buying the rumour at this point,” […] Read more