GFM Network News


CBOT weekly outlook: Wheat futures underpinned for now

However, traders still watching headlines

MarketsFarm — U.S. wheat futures have climbed higher over the past week, with the largest gains in Chicago Board of Trade soft wheat, as global uncertainty over the COVID-19 pandemic provided some support. However, that uncertainty could also makes predicting market trends rather difficult, according to an analyst. “All of my comments come with a […] Read more



North America’s millers, bakers scramble to satisfy bread binge

Chicago/Winnipeg | Reuters — North American flour mills and bakeries are rushing to boost production as the spread of the COVID-19 coronavirus leads to consumer stockpiling of staples such as bread and pasta. The virus’ spread prompted orders to stay at home in some U.S. states, including New York, California and Illinois last week, following […] Read more



Sudan to continue to subsidize bread but with ‘justice’

Khartoum | Reuters — Sudan will continue to subsidize bread prices during transitional rule after Omar al-Bashir’s ouster but wants to achieve “justice” in distributing income supports, its trade and industry minister said on Wednesday. Bread shortages, caused by difficulties in raising hard currency to import wheat, triggered mass protests which — with the help […] Read more



Sourdough method could reduce wheat sensitivity

The Alberta Wheat Commission, its sister organization in Saskatchewan, and the Minnesota Wheat Research and Promotional Council are jointly funding research on whether the process used to produce sourdough bread could lead to a more easily digested food option for people with sensitivities to wheat. Alberta Wheat is providing nearly half of the $148,000 for […] Read more



Major retailers say federal bread pricing probe underway

Major Canadian grocery retailers Metro and Loblaw say a federal investigation is underway concerning the pricing of certain commercial bread products. Toronto-based Loblaw and its parent firm, George Weston Ltd., announced Tuesday they’re aware of an “industry-wide investigation” by the federal Competition Bureau concerning a “price-fixing scheme involving certain packaged bread products.” The two companies […] Read more

Calgary baker makes pita bread a hit with Albertans

People had ‘no idea’ what to do with pitas 40 years ago, but Byblos Bakery now makes 1.8 million a week

Calgary’s Byblos Bakery has found the sweet spot: consumer-pleasing quality, a diverse product line, efficient production, and rigorous food safety. The bakery produces 18,000 pita bread per hour, 20 hours per day, five days a week. But things were much different in 1975, when George Daklala first introduced Albertans to pita bread. “When we first […] Read more