GFM Network News


Rising diesel prices coming

MarketsFarm — Higher diesel prices are on the horizon for Canada and the U.S. in 2019. GasBuddy.com senior petroleum analyst Dan McTeague pointed to an increase in overall demand, combined with a slowdown in heavy oil production and the federal carbon tax as well as pending IMO 2020 regulations — that is, the International Marine […] Read more



Diesel prices poised to rise in new year

CNS Canada — The lingering effects of two large hurricanes in the U.S. continue to be felt in the diesel market as harvest winds down throughout North America. In particular, Hurricane Harvey was a disruptive force on the U.S. energy market as it temporarily halted production at refineries. Both gas and diesel prices rose in […] Read more



Diesel prices to start edging up in 2017

Commodity News Service Canada – An improving U.S. economy and a global deal to limit oil production should give diesel prices a boost in the coming year. “We’ve been blessed with low diesel prices the past few years but we’re probably looking at higher prices in the New Year,” said Phil Flynn of Price Futures […] Read more

U.S. grains: Soy falls on position squaring

Chicago | Reuters — U.S. soybean futures fell on Wednesday in the second straight day of declines as investors evened out positions and locked in profits from monthly gains, traders said. Wheat futures also fell, pressured by a firm dollar that further dimmed prospects for U.S. supplies on the export market. Corn was steady to […] Read more


U.S. grains: Soy snaps winning streak

Chicago | Reuters — U.S. soybean futures fell 1.2 per cent on Tuesday, pulling back from a 4-1/2 month high on a round of profit-taking, as well as pressure from falling crude oil prices. Corn and wheat futures also fell, their fourth straight losing session due to pressure from ample global supplies. Multiple Chicago Board […] Read more