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GFM Network News

  • Photo: Clinton Austin/Getty Images Plus

    Canadian cattle herd sees first year-over-year increase since 2021

    1 hour ago
  • (Medioimages/Photodisc/Getty Images)

    U.S. grains: Soybeans extend gains to two-month peak; corn and wheat choppy

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  • Photo: Clinton Austin/Getty Images Plus

    Canadian cattle herd sees first year-over-year increase since 2021

    1 hour ago
  • (Medioimages/Photodisc/Getty Images)

    U.S. grains: Soybeans extend gains to two-month peak; corn and wheat choppy

    2 hours ago
  • Canada lifts several import tariffs on U.S. goods as talks continue

    2 hours ago
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Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean futures rise from three-year low

Corn extends recovery; wheat futures fell

By Reuters, Tom Polansek, GFM Network News February 28, 2024
Chicago Board of Trade soybean futures settled higher on short-covering and technical buying on Wednesday as the market rebounded after the front-month contract matched a three-year low, analysts said.

Photo: Fotokostic/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Corn extends bounce from three-year lows on bargain buying

Soybean futures backpedal from early advances

By Reuters, Tom Polansek, GFM Network News February 27, 2024
Chicago | Reuters -- Chicago Board of Trade corn futures rose for a second consecutive session on Tuesday, extending a slight recovery from their lowest levels in more than three years.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy rise in turnaround from 3-year lows in nearby futures

US grain exports face competition from South America

By Reuters, Tom Polansek, GFM Network News February 26, 2024
Chicago | Reuters -- U.S. corn and soybean futures bounced on short-covering on Monday, after large supplies earlier knocked nearby contracts to their lowest levels in more than three years, traders said.

Photo: Canstock
Markets

Managed money still adding to record large canola short position

Net short position in soybeans increased by about 2,300 contracts

By Phil Franz-Warkentin, GFM Network News February 26, 2024
Speculators continued to add to their record large net short position in canola in mid-February, showing little sign of moving to the other side of the market any time soon, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).


  Photo: Greg Berg
Markets

Prairie wheat bids mixed as choppy futures trend lower

Wheat futures tested fresh contract lows

By Phil Franz-Warkentin, GFM Network News February 24, 2024
Spring wheat bids in Western Canada were mixed during the week ended Feb. 23 as choppy activity in the United States futures spilled into the cash market.

French farmers drive their tractors on a highway as they protest over price pressures, taxes and green regulation, grievances shared by farmers across Europe, in Longvilliers, near Paris, France, January 29, 2024. REUTERS/Sarah Meyssonnier
General, Reuters

EU leader proposes policy shift as farmers protest

Rules "create a risk for EU food security" agriculture commissioner says

By Reuters, GFM Network News February 23, 2024
The EU should change conditions imposed on farmers who wish benefit from Common Agriculture Policy (CAP) funding, European Agriculture Commissioner Janusz Wojciechowski said in an interview with French newspapers of the Ebra group.


Photo: Thinkstock
Markets, Reuters

U.S. grains: Corn and soybeans slump on supply glut, export competition

Wheat futures weaken as U.S. files sanctions against Russia

By P.J. Huffstutter, Reuters, GFM Network News February 23, 2024
Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract Cc1 for the first time since November 2020, as hefty U.S. and global supplies weighed over the market.

The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy hit multi-year lows as South American supply fears wane

Rising stockpiles, falling Chinese demand spurred massive short in corn, soy

By Julie Ingwersen, Reuters, GFM Network News February 23, 2024
U.S. corn and soybean futures fell to three-year lows on Thursday, dragged down by expectations of ample South American harvests and rising stockpiles at a time of uncertain demand, analysts said.


 Photo: Thinkstock
Crops, Markets

Feed barley under pressure, but opportunities available

Corn downturn likely to keep feedlots looking to extend coverage

By Phil Franz-Warkentin, GFM Network News February 22, 2024
Feed barley bids in Western Canada remained under pressure in mid-February amid continued imports of corn from the United States and the relatively mild Prairie winter. However, localized spot opportunities do pop up occasionally.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Corn slides to three-year low near $4 a bushel on ample supplies

Soybeans followed corn lower; wheat ended mostly weaker

By Julie Ingwersen, Reuters, GFM Network News February 21, 2024
Chicago | Reuters -- U.S. corn futures fell to three-year lows on Wednesday, nearing $4 a bushel as ample domestic grain supplies and strong South American crop prospects weighed on sentiment, analysts said.


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