GFM Network News


Bayer, Corteva among companies stepping off Facebook

Major firms pledge to pause advertising for July

A couple of major players in the agriculture sector are on an expanding list of major companies pausing advertising on Facebook for the month of July in pursuit of policy changes at the U.S.-based social media giant. Bayer and Corteva Agriscience recently announced they have joined the #stophateforprofit campaign, backed by organizations including the Anti-Defamation

U.S. grains: Corn, soy slip on less-threatening weather

CBOT wheat futures rise

Chicago | Reuters — U.S. corn and soybean futures eased on Tuesday as weather forecasts looked less threatening to America’s crops than they had a day earlier, analysts said. Traders took profits after soybean futures reached a four-month high on Monday on concerns that hot, dry conditions could threaten crop yields in the U.S. Midwest.


‘New’ Cereals Canada selects Alberta farmer Todd Hames as chair

June 1 Cereals Canada and Cigi merged and held its first annual meeting June 22

Alberta farmer Todd Hames was elected the chair of the recently reconstituted Cereals Canada at its first annual meeting June 22. The ‘new’ Cereals Canada was created June 1 when it and the Canadian International Grains Institute (Cigi) amalgamated after two years of discussions and the approval of their respective boards April 13. Hames, who

Solid grain exports continue through Thunder Bay

June's handle includes record-large CP grain train

MarketsFarm — Grain shipments through the Port of Thunder Bay continue to run at a strong pace, with season-to-date volumes of 3.2 million tonnes, up 35 per cent from the five-year average, according to an update from the port. A total of 866,066 tonnes of grain were shipped through the port, located on the northern

U.S. grains: Soybeans hit four-month high on hot, dry weather

CBOT corn futures near 3-1/2-month peak

Chicago | Reuters — U.S. corn and soybean futures rose on Monday as expectations for unfavourably hot, dry weather increased concerns over the crops, after the federal government said last week that U.S. farmers planted fewer acres than expected. Soybeans touched a four-month high and corn traded near last week’s 3-1/2-month peak as the markets


U.S. grains: Corn pauses after fund buying spree, watches weather

Soybeans touch new three-month top, wheat eases after rally

Chicago | Reuters — Chicago corn futures trimmed from a near 3-1/2 month high on Thursday, following strong gains after the U.S. government reported farmers had planted fewer than expect corn acres. The corn market remained on pace for the strongest gain in a year, as investors watched weather reports. Corn across much of the

Water flows across what, a few days ago, was Dan Lepp’s pasture along the Little Saskatchewan River. PHOTO: DAN LEPP

Dozens evacuated as floodwaters test Rivers dam

WEATHER: Residents downstream of Rivers, Man., are holding their breath as they wait to see if the dam, which holds back Lake Wahtopanah, will hold

Dan Lepp had gotten little rest by the time he drove away from his family’s mixed farm near Rivers the morning of July 2. Lepp, who farms downstream of the Rivers dam on the Little Saskatchewan River, was among dozens of residents in the Municipalities of Riverdale and Whitehead told to evacuate late last night

Brandt deal for Topcon distributor in Ontario falls through

GeoShack says will remain 'independently owned'

A proposal that would have made farm equipment maker Brandt the exclusive dealer for Topcon GPS equipment in Canada has fallen through without a sealed deal. GeoShack Canada, the “master dealer” for TopCon equipment in Ontario through its locations in Toronto, Ottawa and London, announced Tuesday that a completed acquisition by the Regina-based Brandt Group


Investors pile into Bayer bond to pay settlement charges

Amsterdam | Reuters — Investors piled into a Bayer bond on Wednesday that will help pay for a long-negotiated settlement of U.S. lawsuits claiming its widely-used herbicide Roundup caused cancer. Demand for the four-tranche bond sale, whose proceeds will include the litigation payments, exceeded 17.5 billion euros, nearly three times the six billion euros (C$9.15

CUSMA pact takes effect under cloud of disputes, COVID-19

Deal appears to assure continuity of trade for agriculture

Washington/Mexico City/Ottawa | Reuters — A modernized U.S.-Mexico-Canada trade pact took effect on Wednesday, ensuring continuity for manufacturers and agriculture, but the threat of disputes is exposing cracks in what was meant to be a stronger North American fortress of competitiveness. As the deal kicks in, the Trump administration is threatening Canada with new aluminum