GFM Network News



A French farmer harvests wheat at sunset at Paillencourt in northern France on July 23, 2019. French wheat production, which survived a record heat wave in June, is one of many factors now weighing on prices.

The news is not good — but it will get better, say market analysts

Harvest is one of the worst times to look for good news in wheat markets, 
but prices should soon rally

It’s not hard to find bad news these days when it comes to wheat markets. Recent news stories include the USDA surprising analysts by raising its production forecast (by 59 million bushels), European wheat fields coming through a record-breaking heat wave in fine shape, and the threat from Black Sea producers continuing to rise. (For […] Read more


Cargill quarterly profit drops on trade tensions, U.S. floods

Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted […] Read more

Supercluster backs oilseed protein joint venture

A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding from Canada’s plant protein supercluster. Protein Industries Canada (PIC), set up last year as one of five federally-backed research and innovation superclusters, announced Wednesday it […] Read more


This photo shows the conceptual site plan for a $400-million pea processing facility that French multinational Roquette will be building in Portage la Prairie, Man. If efforts by Protein Industries Canada come to fruition, there will be a host of such processing plants in Western Canada in the decades to come.

Protein supercluster aims to transform food processing in Western Canada

The region can be a world powerhouse in value-added processing, says head of Protein Industries Canada

Protein Industries Canada has a plan to kickstart the growth of the plant-based protein sector in Western Canada over the next four years, says its CEO. “From a processing perspective, this is a growing industry in Canada — we’ve got 7,000 food processors,” Bill Greuel told attendees at the recent Bridge2Food Plant-Based Food Summit. But […] Read more

Feed weekly outlook: Tight supplies, good demand support barley

Solid demand, both domestically and internationally, coupled with tightening world supplies is keeping barley bids well supported in Western Canada and should lead to increased acres this spring. “The price of feed barley is staying historically high,” said Brian Otto, chair of the Barley Council of Canada, noting feed barley at Lethbridge was currently trading […] Read more


Farming insects may solve one problem, create others

Rome | Thomson Reuters Foundation — Insects have great potential as an alternative source of protein, but further research is urgently needed before mass production begins in order to avoid environmental disaster, Swedish researchers warned Monday. There is currently an “overwhelming lack of knowledge” on basic questions such as suitable species, their housing and feed […] Read more

Maple Leaf to consolidate Ontario poultry processing

A new $660 million plant at London, Ont. will house Maple Leaf Foods’ Ontario fresh poultry processing operations by mid-2021 as the food processing firm prepares to shut three older facilities. Toronto-based Maple Leaf announced Monday it will build a 640,000-square foot plant at London, billed as “one of the most technologically advanced poultry-processing plants […] Read more



Wheat trade hoping for big export year

CNS Canada –– Canadian wheat growers could find themselves popular with international buyers this winter, as world wheat stocks hit lows not seen for a decade. Marlene Boersch, managing partner at Mercantile Consulting Venture, said the present 26-day wheat supply available to world markets, once China’s stockpiles are removed from the equation, should boost prices […] Read more