GFM Network News


Trent Wotherspoon, shown here speaking in Regina in 2012, is the provincial NDP’s new critic for agriculture and Saskatchewan Crop Insurance. (TrentWotherspoon.com)

Saskatchewan gets new ag critic, returning ag minister

David Marit, Trent Wotherspoon to handle farm file

Saskatchewan’s New Democrats will have a new critic to debate the incumbent minister over the agriculture file. Provincial opposition leader Ryan Meili on Tuesday announced Trent Wotherspoon, the MLA for Regina Rosemont since 2007, as the NDP’s critic for agriculture as well as finance, SaskTel, Saskatchewan Crop Insurance Corp. (SCIC) and the province’s Crown Investments […] Read more

Rep. Collin Peterson, chairman of the House agriculture committee, speaks to reporters at the Reuters Financial Regulation Summit in Washington on April 27, 2009. (File photo: Reuters/Mike Theiler)

U.S. House ag leader loses election, unsettling Midwest farm sector

Chicago | Reuters — Democratic U.S. Rep. Collin Peterson, chair for the House of Representatives’ agriculture committee, failed to win re-election in Minnesota on Tuesday, a loss some agriculture leaders said could hurt the U.S. Midwest grain belt. Though Democrats retained control of the House and therefore will again chair the committee, Peterson’s exit could […] Read more


CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans reach four-year high on global supply concerns

Corn, wheat rise to one-week highs

Chicago | Reuters — Chicago soybean futures reached four-year highs on Thursday as continued dryness in South America’s crop areas raised supply concerns at a time of brisk Chinese demand. Corn and wheat hit their highest in more than one week on strong demand and supply concerns. The most-active soybean contract on the Chicago Board […] Read more

ICE January 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola stronger at midweek

MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $545.80 per tonne, gaining over $10 since closing at $534.90 on Monday. Record-high temperatures in parts of the Prairies were part of the reason behind canola’s rally. However, temperatures are […] Read more


The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)

CBOT weekly outlook: Eyes on U.S. election, next supply and demand report

MarketsFarm — With no final results yet Wednesday in the U.S. presidential election, there has been very little, if any, effect on the Chicago Board of Trade (CBOT), according to Allendale Inc. president Steve Georgy. “For the grain markets there hasn’t been a higher impact yet, but it is rather quiet,” he said from McHenry, […] Read more

CME December 2020 live cattle with Bollinger (20,2) bands. (Barchart)

U.S. livestock: Cattle futures trim back on election uncertainty

Pork fundamentals still bearish on hogs

Chicago | Reuters — U.S. live and feeder cattle futures fell on Tuesday in a round of profit-taking ahead of an uncertain U.S. presidential election, analysts said. Chicago Mercantile Exchange December live cattle futures settled 0.725 cent lower at 107.825 cents/lb., after rising in each the last five sessions (all figures US$). CME feeder cattle […] Read more


CBOT January 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybean futures climb on export optimism

'No matter who's president, China still needs to feed their hog herd'

Chicago | Reuters — Chicago soybean futures climbed on Tuesday on export optimism and a slower-than-expected U.S. harvest pace, traders said. Wheat firmed as traders monitored dryness in U.S. and Russian growing belts, while corn traded higher on continued hopes of China buying. The most-active soybean contract on the Chicago Board of Trade (CBOT) settled […] Read more



(Lightguard/iStock/Getty Images)

Saskatchewan agriculture minister cruises to election win

NDP's ag critic trailing, with mail-in votes still to come

Another incumbent agriculture minister easily held his seat as Saskatchewan’s governing Saskatchewan Party scored another decisive majority in Monday’s provincial election. David Marit, MLA for the southwestern riding of Wood River since 2016, held his seat by a spread of 5,177 votes over the New Democrats’ challenger, teacher Roger Morgan, with 459 mail-in ballots remaining […] Read more

Lana Popham. (B.C. NDP via Flickr, license at Creativecommons.org/licenses/by/2.0/)

B.C. ag minister, critic expected to win re-election

NDP projected to form majority government

British Columbia’s incumbent agriculture minister and opposition ag critic both appear set to head back to the provincial legislature as the New Democrats are projected to end three years of tentative minority governing. John Horgan’s NDP, which in 2017 overturned a minority Liberal government with the help of the Green Party, was projected Saturday evening […] Read more