GFM Network News


CBOT weekly outlook: South American weather, labour issues prop up prices

MarketsFarm — Market participants on the Chicago Board of Trade expect agriculture commodity prices to continue to rise in 2021. Terry Reilly, a grains analyst with Futures International, said corn is expected to hit around $5.25 per bushel, while soybeans will be around $14.50 (all figures US$). The March wheat contract is expected to reach […] Read more

ICE weekly outlook: Canola steady at midweek

Spring seeding more or less underway

MarketsFarm — After showing considerable strength in prior trading sessions, canola contracts were either side of unchanged at midweek. David Derwin of P.I. Financial in Winnipeg said canola was holding steady in comparison to other vegetable oils. “There’s general weakness in other markets, but canola hasn’t had too much of a move,” he said. Considerable […] Read more


ICE weekly outlook: Canola loses strength at midweek

MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil values put canola “under tremendous pressure.” Nearby soyoil contracts were down by about a penny on Wednesday. Earlier in the week, rumours swirled regarding the […] Read more




World food prices edge up in April

Rome | Reuters — World food prices rose slightly in April, up for the third month in a row but they remained almost 10 per cent lower than a year earlier, the United Nations food agency said on Thursday. The Food and Agriculture Organization’s (FAO) food price index, which measures monthly changes for a basket […] Read more


Camelina oil, seed and cake. The crop is a brassica similar to canola. It could be an attractive animal feed for poultry and other livestock.

Camelina soon to be a poultry feed option

Camelina 'cake' could be a new, attractive poultry feed

Reading Time: 2 minutes Camelina is one step closer to being a feed source for livestock species. “Camelina is not a perfect feedstuff, but it does have some advantages that could be an opportunity for layers, broilers and eventually turkeys,” provincial research scientist Eduardo Beltranena said at the recent Western Poultry Conference. The oilseed is a member of the […] Read more

U.S. FDA to cut trans fats from foods

Washington/New York | Reuters –– The U.S. Food and Drug Administration on Tuesday made good on its proposal to effectively ban artificial trans fats from a wide range of foods, from microwave popcorn to frozen pizza, saying they raise the risk of heart disease. Under new FDA regulations, partially hydrogenated oils, which have been shown […] Read more