GFM Network News


ICE May 2021 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Volatility day-to-day in bullish canola market

MarketsFarm — The ICE Futures canola market saw some large price moves during the week ended Wednesday, hitting fresh contract highs in many months before profit-taking came forward to weigh on values. With canola trading at historically high price levels, the potential volatility in the marketplace can go to extreme levels without much explanation, analyst

(Photo courtesy Canada Beef Inc.)

Cattle producers press for lower price insurance premiums

WLPIP is needed, but unused because premiums too expensive, CCA says

The Western Livestock Price Insurance Program is not functioning properly due to very high premiums and needs to be quickly revamped, says the Canadian Cattlemen’s Association. “We’re having unprecedented volatility for markets. Having tools in place for farmers and ranchers has never been more important,” executive vice-president Dennis Laycraft said during a telephone town hall


(t-lorien/Getty Images)

CME to raise hog futures trading limits as swine fever fuels volatility

New daily limit of 3.75 U.S. cents proposed for mid-April

Chicago | Reuters — CME Group said Thursday it plans to increase daily trading limits for its lean hog futures in April, then adjust them annually because of heightened volatility linked to the outbreak of a fatal pig disease in China. The spread of African swine fever in China, the world’s biggest pork consumer, has





(LouisDreyfus.ca)

Dreyfus sees recovery after two-year profit slide

Paris | Reuters — Louis Dreyfus’ core earnings fell for a second year in 2016 amid a persistent high supply of crops, but the agricultural commodity trader said a revamp of operations should help results this year. Large inventories, low prices and limited volatility have curbed margins in the past two years for companies that

(CMEGroup.com)

CME mulls cash settlement for volatile cattle market

Chicago | Reuters –– CME Group is considering switching to a cash settlement process for its live cattle futures, a managing director said Thursday, as traders continued to complain about extreme volatility. Dave Lehman, managing director of commodity research and product development, said discussions about the new settlement procedure were part of an all-encompassing review



Market Volatility More Critical Than Rising Food Prices: CFA President

Don’t blame farmers for rising food prices, says the leader of Canada’s largest farm group. Farmers are only price-takers and have little influence over how market forces influence commodity prices, said Ron Bonnett, Canadian Federation of Agriculture president. The real issue isn’t high consumer prices so much as it is volatility in the marketplace, he