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GFM Network News

  • Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

    U.S. livestock: Cattle futures rise as Cattle on Feed report shows lower inventory

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  • Photo: Clinton Austin/Getty Images Plus

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

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

    1 day ago
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Daily Network News

  • Cattle at a feedlot near North Platte, Nebraska. (AndrewLinscott/iStock/Getty Images)

    U.S. livestock: Cattle futures rise as Cattle on Feed report shows lower inventory

    1 day ago
  • Photo: Clinton Austin/Getty Images Plus

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

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

    1 day ago
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Archives


(Thinkstock photo)
Reuters, Weather

Western Canada’s dry winter heralds worsening drought for 2024

Oil and gas, hydro, forestry, sports affected alongside agriculture

By Nia Williams, Reuters, Rod Nickel, GFM Network News January 16, 2024
Canada's abnormally dry winter is worsening drought conditions across the western provinces, where most of the country's oil, gas, forest products and grain are produced.

Corn ZCH24 on Jan. 12 with 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Corn plunges on robust supplies, sluggish US demand

Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield

By P.J. Huffstutter, Reuters, GFM Network News January 12, 2024
Chicago corn futures plunged to a three-year low on Friday after the U.S. Department of Agriculture reported that U.S. corn stocks swelled to their highest levels since 2018


  Photo: Greg Berg
Crops, Markets

Prairie wheat weekly outlook: Narrow price movements for wheat, durum 

The Canadian dollar lost three tenths over the week

By Glen Hallick, GFM Network News January 12, 2024
Wheat prices across the Canadian Prairies were narrowly mixed for Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat, while those for Canadian Western Amber Durum eased back by small amounts. 

(RGtimeline/iStock/Getty Images)
Markets, Reuters

US corn stocks swell as world recovers from tighter supplies

Global corn ending stocks are projected to hit a six-year high in 2023/34

By Reuters, Tom Polansek, GFM Network News January 12, 2024
U.S. corn inventories last month swelled to their largest level since 2018, the U.S. Department of Agriculture said on Friday, as global supplies recover from multi-year lows.


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

U.S. grains: Soy futures near two-year lows as traders await US crop reports

Corn futures eased; wheat futures also slumped

By Reuters, Tom Polansek, GFM Network News January 11, 2024
Chicago Board of Trade soybean futures ended flat on Thursday and remained near their lowest level since December 2021 amid lackluster demand for U.S. exports and an improved South American supply outlook.

Photo: Thinkstock
Crops, Markets

IGC raises wheat, corn, cuts soybeans 

IGC upped projected total grain ending stocks to 590.2 million tonnes

By Glen Hallick, GFM Network News January 11, 2024
As the world’s supply of grain for 2023/24 was increased to 2.307 billion tonnes, the International Grain Council bumped its projections for wheat and corn, while trimming those for soybeans. 


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

U.S. grains: Soybeans fall on demand concerns, Brazilian crop outlook

Corn, wheat futures were steady to up

By P.J. Huffstutter, Reuters, GFM Network News January 10, 2024
Chicago soybean futures fell on Wednesday, shedding gains from the previous session, amid growing market concerns about export demand and improving weather for Brazil's oilseed crop.

Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: Big surprises unlikely in S/D report 

Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says

By Glen Hallick, GFM Network News January 10, 2024
Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year. 


Corn ZCH24 on Jan. 9 with 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Soybean and corn futures rebound from multiyear lows

Wheat futures jump after a sharp drop on Monday

By Reuters, Tom Polansek, GFM Network News January 9, 2024
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.

Corn ZCH24 on Jan. 8, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Corn, soy hit multi-year lows as oil sinks, rains aid Brazil crops

Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets

By Reuters, Tom Polansek, GFM Network News January 8, 2024
U.S. corn futures sank to their lowest level in more than three years on Monday and soybean futures set a two-year low as steep declines in crude oil prices spilled over into agricultural markets.


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