GFM Network News


Bunge leaves door open to selling itself, cuts 2017 forecast

Chicago/Reuters – Bunge Ltd kept the door open on Wednesday to a sale of the company as it reported a 34 percent drop in quarterly earnings and cut its full-year outlook, but its chief executive officer predicted a grains market rebound that would reverse the slide. CEO Soren Schroder said planned cost cuts should also […] Read more

There’s solid global demand for canola and good-quality wheat

Lock in canola basis at seeding and keep an eye on the American wheat harvest, advises market analyst

Increasing demand for canola means opportunities for growers, says market analyst Chuck Penner. “Even if canola supply is flat — consumption, crush and exports are up,” Penner said. “That’s a bullish situation.” Japan was the biggest importer of Canadian canola this year, even though China has been the dominant market the past few years, he […] Read more