GFM Network News

More News →

Author Archives

Crops, Markets

ICE weekly outlook: Canola loses strength at midweek

By
MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil values put canola “under tremendous pressure.” Nearby soyoil contracts were down by about a penny on Wednesday. Earlier in the week, rumours swirled regarding the
Livestock, Markets

U.S. livestock: Cattle, hogs limit down on coronavirus fears

Market has to 'reevaluate' supply/demand picture

By ,
Chicago | Reuters — U.S. livestock futures on the Chicago Mercantile Exchange (CME) plunged by their daily trading limits on Wednesday as stricter coronavirus emergency measures hammered stock markets and deepened worries about a global recession. Live cattle futures dropped for the fourth time in five sessions, erasing all of the prior session’s gains, while
Weather

Manitoba eases load limits for grains, livestock, vegetables, fertilizer

'Essential' commodities allowed at normal axle weights on more roads

By ,
Springtime load limits on certain Manitoba highways will be lifted early this year for transport of crops, livestock, fertilizer and other “essential” goods. Provincial Infrastructure Minister Ron Schuler announced Tuesday that certain essential goods may be trucked at “normal loading” axle weights on highways usually subject to Level 1 road restrictions during spring thaw. Essential
Crops, Markets

U.S. grains: Wheat posts steepest drop since August

Soy drop biggest in 2-1/2 weeks; corn extends losses on big supply, weak ethanol demand

By
Chicago | Reuters — U.S. wheat prices fell more than three per cent on Wednesday as coronavirus fears dragged down equities markets and lifted the dollar, sending Chicago wheat futures to their steepest decline in 7-1/2 months. Soybeans fell more than two per cent, the most in 2-1/2 weeks, and most corn contracts posted fresh
Weather

Today’s precipitation

By ,
Data from weather stations across the Prairies are available to Glacier FarmMedia members at the WeatherFarm website, where you can also sign up for a daily forecast email for your area. On the go? Get the WeatherFarm mobile app, available for iPhone and Android devices. To learn more about the CoCoRaHS system that generates these precipitation maps
Special coverage

COVID-19 and the farm: Stories from the GFM network

By ,
COVID-19 has added an unprecedented level of uncertainty and disruption to the agricultural communities we serve. Throughout this crisis, Glacier FarmMedia is leveraging the strength of its farm news network to help you stay up to date on developments important to your family and farm. Look here for links to all the coverage provided by our
Beef cattle, Livestock, Markets

U.S. senators scrutinize meat packers’ profits during pandemic

By ,
Chicago | Reuters — U.S. senators are calling for investigations of record profit margins for beef processors such as Tyson Foods and Cargill, after ranchers complained surging meat prices due to coronavirus hoarding did not translate into higher cattle prices. Futures prices for cattle have tumbled during the outbreak, worrying farmers as the U.S. economy
Crops, Markets

U.S. grains: Corn drops after USDA pegs plantings above expectations

USDA forecasts largest U.S. corn acres in eight years

By ,
Chicago | Reuters — U.S. corn futures settled lower on Tuesday after the U.S. Department of Agriculture (USDA) forecast 2020 plantings at the largest in eight years, well above trade expectations, while soybeans firmed on a lower-than-anticipated acreage outlook. A tighter-than-expected USDA quarterly corn stocks estimate limited losses, but most contracts notched life-of-contract lows after
Livestock, Markets

U.S. livestock: Cattle futures jump in end-of-month, -quarter rebound

Lean hog futures up in most months

By ,
Chicago | Reuters — U.S. live cattle futures rallied by as much as the daily three-cent trading limit on Tuesday in an end-of-month and end-of-quarter profit-taking bounce following a steep drop fueled by concerns about the fast-spreading coronavirus and its economic impact. The recent dive in prices as governments imposed stay-at-home orders and restrictions on

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending March 27, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.