GFM Network News


Crop stocks forecasts mostly unchanged in AAFC supply/demand report

Corn carryout revised upward

MarketsFarm — Updated crop supply/demand tables from Agriculture and Agri-Food Canada, released Friday, included only minor changes from the previous month. Larger adjustments are expected after Statistics Canada releases its final production numbers for the year on Dec. 3. Canola and all-wheat ending stocks for the 2020-21 marketing year were both left unchanged at 2.25

Intercrops peek out between the corn rows of MBFI’s latest look into corn grazing practices.

Spicing up the mix in MBFI’s corn fields

Corn grazing at MBFI will see a few new species in the undergrowth, part of a project on intercropped corn grazing

Corn grazing at MBFI will see a few new species in the undergrowth, part of a project on intercropped corn grazing

For most of Manitoba’s cattle, it’s time to settle into the yard. The herd at Manitoba Beef and Forage Initiatives (MBFI) north of Brandon however, is getting ready to hit the cornfield. Corn grazing itself is no surprise at MBFI. It’s how the applied research and demonstration farm, which has a goal of keeping cattle


U.S. grains: Soybeans touch new four-year peak on supply concerns

Corn hits highest since July 2019, wheat ends mixed

Chicago | Reuters — U.S. soybean futures rose for a sixth consecutive session on Friday and hit a four-year high on dry conditions in key South American crop areas and concerns about dwindling U.S. supplies. Corn also gained on strong exports and worries about South American dryness, while wheat ended mixed. All three markets finished

ADM, InnovaFeed to build world’s biggest insect protein plant in Illinois

Chicago | Reuters — U.S. grain trader and processor Archer Daniels Midland and French biotech company InnovaFeed announced plans on Thursday to build the world’s largest insect protein plant at Decatur, Illinois. The announcement comes amid rising global feed grain prices and tightening supplies, and as more companies work toward reducing the carbon footprint of



U.S. grains: Soybeans slip off peak, end mostly firm

Corn, wheat dip; strong demand, tight supply limit losses

Chicago | Reuters — U.S. soybean futures ended mostly firmer on Thursday as late-session buying amid worries over tightening supplies offset earlier profit-taking and technical selling that had dragged prices down from four-year peaks. Corn and wheat retreated after prior-day increases as investors pocketed some gains. Chicago Board of Trade (CBOT) January soybean futures ended

True North to offer greener pastures for grass-fed beef

The processor is setting the foundations for a grass-fed program targeting cull cows and bulls

The processor is setting the foundations for a grass-fed program targeting cull cows and bulls

Manitoba’s only federally certified beef plant is on the hunt for animals that have never tasted grain. Carman-based True North Foods is on the road to becoming a supplier of grass-fed beef for an as-of-yet unnamed, major client. That client recently approached company owner Calvin Vaags with the request. A new program from True North Foods promises

CBOT weekly outlook: Corn, soy continue rallies

MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have appreciated a significant rally over the past weeks. Last week’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) detailed lower-than-expected ending stocks for soybeans, which were bullish for soybean values. “Beans are on a mission right now,” said


U.S. grains: Soybeans hit fresh four-year peak on tightening supplies

Soyoil helps lift soybeans amid tight world veg oil supplies; good exports boost corn

Chicago | Reuters — U.S. soybean futures rose to a new four-year peak Wednesday, led by sharply higher soyoil and as robust demand for beans from exporters and domestic processors fueled worries about tightening supplies of the oilseed. Corn and wheat followed soybeans higher, with strong export demand giving corn an additional lift. Grains remain

Klassen: Calf prices ratcheting higher

Compared to last week, western Canadian yearling markets traded $2-$4 on either side of unchanged; mid-weight calves were also unchanged while lighter calves traded steady to as much as $6 higher. Alberta and Saskatchewan have experienced adverse weather over the past couple of weeks; however, feedlots in southern Alberta appeared to be more aggressive for