GFM Network News


WGEA executive director Wade Sobkowich. (Manitoba Co-operator photo by Allan Dawson)

Railways to blame for terminal shortages, WGEA says

Grain handlers take issue with MarketsFarm report

MarketsFarm — The association representing the Prairies’ main grain handling companies says recent delays in loading vessels have less to do with the availability of grain and more to do with the railways hauling it to port. The Western Grain Elevator Association (WGEA), which represents major handlers such as Viterra, Richardson, Cargill and others, raised […] Read more

File photo of the Prince Rupert Grain Terminal. (Dan_prat/iStock/Getty Images)

Grain shortage, cold snap cause delays at West Coast ports

'...the vessels continue to arrive'

MarketsFarm — Grain movement in Western Canada remains faced with significant difficulties, according to Mark Hemmes, president of Quorum Corp., which monitors rail traffic and vessel movements in Canada. February’s cold snap resulted in grain movement across the region falling below its three-year average. The most pressing issue has been a shortage of grain to […] Read more



CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Weather wreaks havoc on crops

MarketsFarm — Unusual weather, both in North and South America, has significantly affected commodities this week at the Chicago Board of Trade, according to a broker. A brutal cold snap, extending from northern Canada to the U.S.-Mexico border, has slowed down soybean crushing, halted production at ethanol refineries and raised energy prices in the U.S., […] Read more





CME April 2021 live cattle with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Live cattle down on profit taking

Cash markets support CME lean hogs

Chicago | Reuters — U.S. live cattle futures dropped on a profit-taking setback on Wednesday, a day after rallying to their highest in nearly a year, but worries about a cold snap across production regions of the Plains kept declines in check. Hog futures rebounded after closing mixed on Tuesday as strong cash markets led […] Read more