GFM Network News

There are a lot of ships, like this one at Tiplam terminal in Santos, loading Brazilian soybeans for shipment to China this spring. The country has been the largest purchaser of American soybeans but stopped buying in early April after being threatened with U.S. tariffs.

While U.S. soybean growers fret, canola keeps shining

China has stopped buying American soybeans, while canola trade is comfortably boring

Reading Time: 4 minutes A potential U.S.-China trade war has American soybean growers anxiously watching the horizon, but it looks like smooth sailing for canola markets. “Canola is a high-quality oil that processors would use more of if they could get their hands on it. This does encourage more growth and also the increase of crush capacity we’ve seen […] Read more

Farmers have been delayed in harvesting their soybeans across much of southern Ontario. (Ralph Pearce photo)

Pearce: Short-term price rally may be just that

In most circumstances in business and farming, the saying “slow and steady wins the race” is true more often than not. Since the start of 2014, farmers have been hearing about a downturn in commodity prices. A high carryout from the 2013 crop in the U.S. (and continued growth in other parts of the world) […] Read more