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Daily Network News

  • Photo: Clinton Austin/Getty Images Plus

    U.S. livestock: Feeder cattle hit contract highs on tight supply

    3 days ago
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Wheat


(Medioimages/Photodisc/Getty Images)
Markets

CBOT weekly outlook: Little to come from March S/D report

Exports the most likely category to see changes, analyst says

By Glen Hallick, GFM Network News March 6, 2024
There will likely not be a lot of notable changes in the March supply and demand report from the United States Department of Agriculture.

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

U.S. grains: Grains and soy falter on large South American supplies

Most analysts expect USDA to lower its Brazil harvest estimate

By Heather Schlitz, Reuters, GFM Network News March 5, 2024
Chicago Board of Trade soybean futures slipped on Tuesday, surrendering gains from the previous session as large South American supplies weighed on the market.


Photo: File
Markets

Australia wraps up winter wheat/canola harvest

Production beats earlier forecasts, but are still down on the year

By Phil Franz-Warkentin, GFM Network News March 5, 2024
Australia’s winter harvest has wrapped up, with wheat and canola production beating earlier forecasts but still down on the year, according to the latest crop report from the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).

Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans and corn rise on bargain-buying after sharp falls

Brazil soy harvest running ahead of schedule compared to last year

By Heather Schlitz, Reuters, GFM Network News March 4, 2024
U.S. soybean and corn futures rose on Monday on bargain buying and short-covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.


A farmer equipped to face police tear gas is posing for a photo while Indian farmers, who have been protesting for a week to demand guaranteed crop prices, wait to march to the capital near the Shambhu border that divides the northern Punjab and Haryana states, some 200 kilometers (120 miles) from New Delhi, India, on February 21, 2024. Photo: Rohit Lohia/NurPhoto.
General, Reuters

Indian farmers plan to enter New Delhi to intensify protests

Thousands of demonstrating farmers with tractors are stuck at police barricades

By rajendra-jadhav, Reuters, GFM Network News March 4, 2024
Indian farmers are planning to escalate their protests from Wednesday by entering the capital New Delhi by bus and train, and increasing their numbers at border points that are currently blocked by tractors.

Photo: iStock/Getty Images
Markets, Reuters

U.S. grains: Soybeans off 3-year low, but gain limited by global supplies

Slowing Chinese demand also weighs on prices

By P.J. Huffstutter, Reuters, GFM Network News March 1, 2024
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.


Photo: Scharfsinn86/Getty Images
Markets

Prairie wheat weekly outlook: Prices for red wheat up, amber durum mixed

U.S. wheat complex also mixed; Canadian prices bolstered by dollar's drop

By Glen Hallick, GFM Network News March 1, 2024
There were modest price increases for wheat on the Canadian Prairies during the week ended Feb. 29. However, as Canadian Western Red Spring Wheat and Canada Prairie Red Spring Wheat edged up, prices for Canadian Western Amber Durum were mixed.

Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans dip to new 3-year low in volatile trading day

Weekly soybean exports on lower end of expectations -USDA

By P.J. Huffstutter, Reuters, GFM Network News February 29, 2024
Chicago Board of Trade soybean futures dipped on Thursday to a new three-year low, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.


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.


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