GFM Network News



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






ICE weekly outlook: Canola steady heading into 2019

CNS Canada –– ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, and should be expected to remain steady heading into the New Year barring outside political developments. “We’re in a doldrums environment,” said Mike Jubinville of ProFarmer Canada in Winnipeg. “The supply/demand fundamentals suggest this market is reasonably well supplied, with […] Read more