GFM Network News


COVID concerns weigh on chicken farmers, processors

Sales crashed on lack of foodservice business

Ottawa — Chicken Farmers of Canada say they’ve faced a “sharp decline” in sales as a result of a significant drop in food services, which represents roughly 40 per cent of their market. CFC chair Benoît Fontaine warned federal MPs as much during a virtual meeting of the Commons standing committee on agriculture and agri-food

U.S. livestock: Live cattle down as slaughter recovers, beef prices sag

Hog futures mostly up on technical buying

Chicago | Reuters — U.S. live cattle futures fell on Friday, pressured by softening prices for market-ready cattle and declining packer profit margins as wholesale beef prices continue to slide, analysts said. Chicago Mercantile Exchange (CME) June live cattle futures settled down 1.825 cents at 93.9 cents/lb. and benchmark August fell 1.75 cents at 96.175


U.S. grains: Wheat falls as dollar bounces

Soy firms on export business

Chicago | Reuters — U.S. wheat futures fell on Friday, pressured by a firmer dollar, which makes U.S. grains less competitive globally, and expectations of a busy harvest weekend in the breadbasket of the U.S. Plains, analysts said. Soybeans closed steady to higher and posted a weekly rise of about three per cent as export

Fund traders still bearish on canola

MarketsFarm — The managed money net short position in canola grew to nearly 50,000 contracts in the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures canola came in Tuesday at 48,777 contracts (3,932 long/52,709 short), an increase of about 10,000



Alberta deregulates fusarium

Crop disease comes off province's 'zero tolerance' list

Alberta is moving to keep fusarium in check by means other than the “zero tolerance” policy it has in effect on agricultural pests such as rats, rabies and clubroot. Agriculture Minister Devin Dreeshen announced a ministerial order Wednesday to remove Fusarium graminearum from the list of pests covered by the Pest and Nuisance Control Regulation,

Today’s precipitation

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




U.S. grains: Wheat soars as export outlook brightens

CBOT soybeans near two-month top

Chicago | Reuters — U.S. soybean futures hit their highest levels in nearly two months on Thursday and wheat futures rose more than two per cent as a weaker dollar bolstered export prospects for U.S. grains and oilseeds, analysts said. Corn futures followed the firm trend. Chicago Board of Trade July soybeans settled up 10-1/4