GFM Network News

chickens in a barn

Mozart and mood lighting, a healthy prescription for chickens?

Combined with probiotics, it all adds up to a reduced need for drugs

In barns filled with classical music and lighting that changes to match the hues outside, rows of chickens are fed a diet rich in probiotics, a regimen designed to remove the need for the drugs and chemicals that have tainted the global food chain. As food giants face growing pressure to offer healthier produce, Southeast

U.S. soybean supply, in millions of bushels. Source: USDA Agricultural Projections to 2019, February 2010, USDA Economic Research Service.

Oilseed glut should reignite global demand

Analysis: There are abundant world stocks of major oilseeds, 
but demand is expected to continue to increase

Production of the world’s top oilseeds will exceed demand by the largest margin ever in 2014-15, helping to push year-end stocks above 100 million tonnes for the first time. The glut of major oilseeds has already driven prices to multi-year lows. It is widely expected to pressure prices for most of 2015. This steep increase

Grain ‘trade’ at risk of low-balling U.S. soybean yields: Maguire

Chicago / Reuters – At 47.1 bushels an acre, last month’s soybean yield estimate from the U.S. Department of Agriculture was a new all-time high. And the average trader estimate for the USDA’s November projection is higher still, at 47.608 bushels. Even so, the long-term relationship between corn and soybeans suggests current soybean yields remain relatively

Options suggest soymeal tumble postponed till Jan.

Reuters — Soymeal traders have been bracing for a steep decline in U.S. meal prices for the past several months as a record-large soybean crop was planted and grown. Indeed, traders racked up large positions in bearish put options tied to December soymeal futures throughout last summer, indicating widespread expectations that U.S. meal prices would

New EPA biofuel targets dent corn’s demand prospects

At the very least, lower usage targets for both ethanol and other biofuels are 
expected to reduce interest in expanding production in the sector

Many corn traders tried to shrug off the U.S. Environmental Protection Agency’s proposal to trim the U.S. renewable fuels usage targets for 2014 and 2015, noting that U.S. ethanol production is driven more by operating margins than government-mandated blending requirements and is likely to remain high as long as ethanol makers can make profits. But

China could return to corn imports

They may have slowed their purchasing pace lately as agronomists and trade officials awaited greater clarity on domestic and U.S. production potential, but Chinese corn importers may soon be forced to resume buying activity after the spread between key interior prices and U.S. export corn has widened sharply recently. Questions over domestic production potential coupled

Oats could be one of the top markets to watch over the coming months.

Oats hit the sweet spot due to grain movement logjam

Frustrated oat buyers have been bidding up prices on old oat reserves as new 
oat supplies must wait in line in the grain-movement network

Oat futures have been on a tear lately, jumping more than 20 cents a bushel, or 6.6 per cent, since the start of the month on concerns logistical log-jams will stall the movement of new oat supplies for several weeks. That’s seen many traders putting on a long oats versus short Chicago wheat spread that

Analysis: Speculators, commercials in rare corn position tango

Usually, large speculators and commercial traders take opposing positions in the corn futures and options market, with speculators favoring long exposure while commercials typically sit heavily short in reflection of their naturally long stance in the physical arena. But this year’s critically low levels of domestic corn supplies have forced commercial players to whittle down