GFM Network News


CBOT December 2021 oats (candlesticks) with 20-, 50- and 100-day moving averages (yellow, brown and black lines). (Barchart)

CBOT weekly outlook: Factors worth watching

Oats showing recent strength

MarketsFarm — Choppiness in Chicago Board of Trade (CBOT) soyoil, a potential increase in corn prices and an upcoming production report from Statistics Canada are factors on which grains analyst Terry Reilly suggests keeping an eye. Soyoil has been hit by early reports that the U.S. Environmental Protection Agency was going to recommend to the […] Read more

Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: Pulse trade with India strong, but flawed

MarketsFarm — India remains as the largest international buyer of Canadian lentils, despite factors affecting trade between the two countries. While Western Canada deals with drought conditions which have likely lowered this year’s lentil crop, the Indian government’s restrictions on imports have threatened to hinder Canadian exports. “Despite tariffs and technical measures in place that […] Read more



Green lentils. (Savany/iStock/Getty Images)

Pulse weekly outlook: India’s tariff elimination has little effect on Canada

MarketsFarm — A temporary elimination of some import duties on three pulses currently has little effect on Canada, according to Mac Ross, director of market access and trade policy for Pulse Canada. Earlier in mid-May, the Indian government ordered the suspension of tariffs on pigeon peas, mung beans and urad/black gram lentils until Oct. 31. […] Read more


(Serts/iStock/Getty Images)

Pulse weekly outlook: India likely in need of more lentils

MarketsFarm — A recent webinar co-hosted by the India Pulses and Grains Association and Pulse Australia focused on lentil production in the two countries, with tighter Indian supplies likely leading to increased import demand going forward. “The share of Australian lentils in India’s import has been 10 to 15 per cent over the last seven-eight […] Read more

(Cia.gov)

India’s federal police probe bosses of two fertilizer companies

Large-scale nutrient purchases often known to sway spot prices

Mumbai | Reuters — Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases. The Central Bureau of Investigation (CBI), India’s top crimefighting agency, said late Wednesday it was investigating U.S. Awasthi, managing director of […] Read more


File photo of a chickpea crop in India. (Nikhil Patil/iStock/Getty Images)

Pulse weekly outlook: Harvest shortcomings could open doors to India

MarketsFarm — As India’s pulse harvest continues, indications have been that initial projections might not be met — which could lead the world’s largest producer and consumer of pulses to allow more imports, MarketsFarm Pro analyst Mike Jubinville says. The Indian government expected about 11.5 million tonnes of chickpeas, but the harvest might bring in […] Read more

Chickpeas. (Grigorenko/iStock/Getty Images Plus)

Pulse weekly outlook: Seeding numbers may exceed USDA expectations

MarketsFarm — The U.S. Department of Agriculture’s (USDA) prospective plantings report, delivered March 31, provided a mixed bag for pulse growers in that country as far as the numbers are concerned. Some analysts, however, believe the actual acres seeded will top USDA’s projections. Increasing demand from China, India and a recovering domestic market have raised […] Read more


(Serts/iStock/Getty Images)

Pulse weekly outlook: Turkey’s record-level lentil imports expected to decrease

Country's domestic acreage expected up in 2021

MarketsFarm — Canadian lentil exports to Turkey reached unprecedented numbers in 2020. According to Statistics Canada data, Turkey imported 534,160 tonnes worth $355 million during the calendar year, making it the second-largest buyer of Canadian lentils behind India. Last year’s total nearly equalled the amount of lentils Canada exported to Turkey over the previous three […] Read more