GFM Network News

(Photo courtesy Canada Beef Inc.)

South Korea halts sale of Canadian wheat, flour

Seoul | Reuters — South Korea has suspended the sale of wheat and flour from Canada after Canadian officials announced last week the discovery in mid-2017 of an unapproved genetically modified trait in southern Alberta. “We will only allow sale of wheat products that are confirmed not to contain unapproved genetically modified wheat,” South Korea’s […] Read more

Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)

U.S. grains: Soybeans drop, wheat firms, corn slips

Chicago | Reuters — U.S. soybean futures sagged to their lowest in more than two months on Thursday, weighed down by forecasts for much-needed rains in Argentina, traders said. Wheat futures closed firm, supported by strong export data, while corn slipped. The most-active soybean contract on the Chicago Board of Trade dropped 1.2 per cent. […] Read more