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

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

Reading Time: 2 minutes 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