GFM Network News


“The grain companies have never wanted the CGC. They would much prefer a situation wherein they can make all the rules themselves... “ Stewart Wells, NFU.

Grain act, grain commission review revived

The ongoing examination is sure to reveal fractures and differing interests

Two pillars of Canada’s $26-billion grain industry are again under review — a process reviving long-standing divisions between some farmers and grain companies over grain industry regulations. The Canada Grain Act and Canadian Grain Commission which administers it, deal with grain buyer licensing, grade standards, grading disputes, quality control and producer payment protection. Some submissions

CGC review started quietly amid suspicion in 2019, then sidelined

Agriculture and Agri-Food Canada (AAFC) quietly began its review of the Canada Grain Act and the Canadian Grain Commission (CGC) in March 2019. The kickoff was an AAFC briefing to members of the Grains Roundtable, which represents a cross-section of the grain sector. There was no ministerial announcement or news release, but shortly after it


Speculation that USDA could further drop ending stocks in February’s WASDE fuelled another round of increases in commodity futures.

U.S. WASDE points to lower ending stocks, lifts futures

The March contract set a new high based on USDA’s report

Within days before the U.S. Department of Agriculture (USDA) issued its latest supply-and-demand report, there was speculation of further reductions to ending stocks for soybeans, corn and wheat. Such bullish news would see U.S. prices rise and spill over into canola. On Jan. 12 USDA released its world agriculture supply-and-demand estimates (WASDE), which slashed soybean ending stocks

U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased supply concerns. Corn followed, also pressured by beneficial South American rains, while wheat ended lower, but was supported by export optimism. The Chicago Board of

Zero in on a specific goal when intercropping so you can measure progress over time, and “learn from the failures,” says researcher 
Yvonne Lawley.

Intercropping can be a win win for mixed operations

The practice comes with a learning curve, but can increase grazing options while boosting soil health

There is a lot of buzz in beef and forage production systems around the concepts of sustainability and soil health, and the numerous different production practices that can support those ideas. Intercropping is one strategy that can improve efficiency and soil health. Manitoba producer Alan MacKenzie considers intercropping to be two crops that are grown


U.S. grains: Soybeans fall on South American rainfall

Russian export tax supports U.S. wheat; corn follows soybeans

Chicago | Reuters — Chicago soybean futures slid on Tuesday as rain across South America strengthened crop prospects and bolstered the global supply outlook, traders said. Corn followed soybeans lower, but was supported by strong export demand and possible export limits in Ukraine. Wheat futures fell slightly, but were bolstered by an export tax in

A photo taken Dec. 4 illustrates drought-affected crops in the Argentine province of Corrientes. The region is in the grip of the most intense drought in nearly 20 years.

Dry weather hits Argentine crops, soy markets in rationing mode

Weather woes and accelerating purchases by big buyers like China are boosting the market

Grains powerhouse Argentina is suffering a rainfall deficit of 150 to 300 millimetres with forecasts promising less moisture than necessary to fully refresh parched soy and cornfields, weather experts said recently as worry persisted about yield losses. Months of hot, dry weather have put the country’s two main cash crops at risk. Argentina is the

“Soils, wherever you are on the planet, were never formed with monocultures.” – Blake Vince.

This farmer sees cover crop benefits

It’s not just about the environment; it’s also about the bottom line

Farmer Blake Vince says he’s seen both benefits and challenges as he’s made cover crops part of his operation near London, Ont. At November’s Farm Forum Event virtual conference, he appeared by way of a pre-recorded presentation done weeks earlier at his no-till farm. Standing in the middle of a cover crop that was planted


China’s 2020 corn, wheat imports reach record highs

Beijing | Reuters — China’s grains imports soared to record highs in 2020, customs data showed on Monday, after tight domestic corn supplies pushed prices to multi-year peaks, driving demand for cheaper imports. China, the world’s top agricultural market, bought a record 11.3 million tonnes of imported corn last year, including 2.25 million tonnes in

Funds’ net long position edges lower in canola

Net long increased in MGEX and K.C. wheats

MarketsFarm — Funds’ large net long position in canola narrowed slightly during the week ended Tuesday, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). Managed-money fund traders as of Tuesday were holding a net long position in ICE Futures canola of 51,614 contracts, down by about