GFM Network News

CFTC fines cattle futures traders US$5 million

Chicago | Reuters — U.S. futures regulators fined a Memphis trading firm and three associates US$5 million on Wednesday for using a manipulative tactic in CME Group’s cattle futures, a market grappling with extreme volatility. The Commodity Futures Trading Commission said it penalized McVean Trading + Investments $1.5 million and its chairman, Charles Dow McVean, […] Read more

Weather has always offered its fair share of risk when it comes to farming.

Things not going as hoped? That’s normal, says crop specialist

Whether it’s production conditions or markets, producers need to have a Plan B

Preparation is key when dealing with the unexpected, says provincial crop specialist Harry Brook. “There’s always a lot of talk about ‘normal’ when talking about cropping and agriculture,” said Brook. “Advanced planning and adjustments are needed to avoid possible devastating results when ‘normal’ doesn’t occur. Whether it applies to spring weather conditions or markets or […] Read more