GFM Network News

Fresh bread in Egypt. (Goldream/iStock/Getty Images)

G20 ag ministers say COVID-19 measures shouldn’t disrupt food supply

Dubai | Reuters — Agriculture and food ministers from the Group of 20 (G20) countries agreed at a virtual meeting on Tuesday that emergency measures to stop the spread of the COVID-19 coronavirus must not upend global food supply chains. Their extraordinary meeting came as coronavirus lockdowns across the world slow global food supply chains, […] Read more

A building housing offices of the Asia Infrastructure Investment Bank in Beijing. (

Federal Tories critique lack of action on China

MarketsFarm — Federal Opposition House Leader Candice Bergen has publicly ripped the federal government’s lack of action to deal with rising barriers against Canada’s substantial ag exports to China. China halted imports of Canadian meat effective Tuesday, the latest on the list of Canadian products China has blacklisted since the December arrest of Huawei executive […] Read more

CBOT September 2019 corn (candlesticks) and MGEX September 2019 wheat (orange line). (Barchart)

CBOT weekly outlook: USDA’s acreage report could push up prices

MarketsFarm — At least one analyst predicts the U.S. Department of Agriculture’s next acreage report, due out Friday, could have a bullish effect at the Chicago Board of Trade. “If we come in near trade expectations for the (soybeans), it might be supportive,” said Terry Reilly, grains analyst with Futures International in Chicago. Trade expectations […] Read more

CBOT March 2019 wheat, with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat, soy, corn climb

Chicago | Reuters — U.S. wheat futures rose about 1.5 per cent Friday on firming cash markets, analysts said, while soybeans and corn firmed ahead of hotly anticipated U.S.-China trade talks at this week’s G20 summit in Argentina. The G20 meeting is to include head-to-head discussions between U.S. President Donald Trump and Chinese counterpart Xi […] Read more

CBOT January 2019 soybeans, with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans pause after two-day rise

Chicago | Reuters — U.S. soybean futures eased on Thursday as traders booked profits after prices hit a near two-week high in the previous session, ahead of trade talks between Washington and Beijing at the G20 meeting. Wheat futures declined on lacklustre U.S. export sales while corn ended nearly unchanged. Chicago Board of Trade January […] Read more