GFM Network News


CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn futures tread water as Midwest’s farmers assess storm damage

Analysts still expect large U.S. harvest

Chicago | Reuters — U.S. corn futures ended flat on Tuesday as traders and analysts predicted that farmers will harvest a large crop despite a damaging storm that tore across the U.S. Midwest on Monday. Soybean futures were steady, while wheat futures rose on technical buying. Farmers are assessing the damage to their corn from […] Read more

(TysonFoods.com)

Tyson to shut Iowa pork plant against COVID-19 outbreak

Plant handles up to 3.5 per cent of U.S. pork output

Chicago | Reuters — Tyson Foods said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s food supply. Meat processors such as Tyson, WH Group’s Smithfield Foods and JBS USA temporarily closed about […] Read more


(TysonFoods.com)

COVID-19 forces Tyson to shutter two major U.S. pork plants

UPDATED — Reuters — Tyson Foods is shuttering two pork processing plants, including its largest in the United States, to contain the spread of the coronavirus, further tightening meat supplies after other major slaughterhouse shutdowns. The closures are limiting the amount of meat the U.S. can produce during the outbreak and adding stress on farmers […] Read more

(ThamKC/iStock/Getty Images)

White House to stick with 2020 biofuel plan, despite farmer objections

New York | Reuters — The Trump administration plans to stick with its proposed 2020 biofuel blending requirements, the White House said on Wednesday, despite anger among farmers that the plan does too little for corn growers. The decision could undermine President Donald Trump’s support among farmers, an important constituency in the November 2020 election. […] Read more


Schuler’s MS550 multi-screw vertical mixer has a mixing capacity of 550 cubic feet. (SchulerMfg.net)

Vermeer buys TMR mixer maker Schuler

U.S. hay and forage equipment manufacturer Vermeer Corp. is expanding its reach in the cattle feeding business with a deal for fellow Iowa firm Schuler Manufacturing. Vermeer announced Wednesday it purchased Schuler for an undisclosed sum and that Schuler products will still “initially” be sold under the Schuler brand, but with an “intentional transition” to […] Read more



U.S. Senator Chuck Grassley speaks to reporters after a vote at the U.S. Capitol in Washington on May 14, 2019. (Photo: Reuters/Jonathan Ernst)

Ag-state senator says Trump EPA ‘screwed us’ with biofuel waivers

Washington | Reuters — Iowa’s Republican Senator Chuck Grassley said the Trump administration’s Environmental Protection Agency has “screwed” the U.S. ethanol industry and farmers by granting waivers to 31 small petroleum refineries, effectively exempting them from an obligation to use more ethanol in their products. The powerful senator, who represents the largest ethanol-producing state in […] Read more



Democratic 2020 U.S. presidential candidate and former Vice-President Joe Biden speaks at an event at Iowa Wesleyan University in Mount Pleasant, Iowa on June 11, 2019. (Photo: Reuters/Jordan Gale)

As Biden tours Iowa, farmers want to know where he stands on ethanol

New York | Reuters — Joe Biden may have an ethanol problem. The former U.S. vice-president has pledged support for advanced biofuels as part of his bid for the 2020 Democratic presidential nomination. But Biden, who leads the crowded Democratic field in opinion polls in Iowa and nationally, faces lingering questions in the U.S. Farm […] Read more

United States Senator and current democratic presidential candidate Bernie Sanders made a stop to the Downtown Farmers’ Market in Des Moines on Saturday, May 4, 2019, to greet Iowans. (Photo: Bryon Houlgrave, The Register (Des Moines) via Reuters Marketplace)

Bernie Sanders promises help for family farms

Reuters — U.S. presidential contender Bernie Sanders unveiled a plan on Sunday to help family farmers and rural residents, promising to break up corporate agricultural monopolies and invest heavily in social and economic programs in struggling rural communities. Sanders, an independent U.S. senator and fierce corporate critic, said on a campaign trip to Iowa that […] Read more