GFM Network News



U.S. grains: Wheat up on crop ratings

Corn drifts lower, soybeans down day after touching $12

Chicago | Reuters — Chicago wheat futures climbed to two-week highs on Tuesday as a surprise decline in winter wheat condition ratings raised concerns about supplies of the food grain, traders said, while corn futures ticked lower ahead of Thursday’s U.S. Thanksgiving holiday. Chicago Board of Trade March wheat futures settled up 13 cents at […] Read more



Prairie cash wheat: Bids post small gains across most of West

MarketsFarm — Bids were steady to higher this week in Western Canada for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPRS) and Canada Western Amber Durum (CWAD) wheats. Gains in most U.S. wheat markets provided support as strength in the Canadian dollar kept a lid on further gains. Average CWRS (13.5 per cent […] Read more



Prairie cash wheat: Stronger U.S. prices boost Prairie values

MarketsFarm — Bids in Western Canada were higher this past week for Canada Western Red Spring (CWRS), Canada Prairie Spring Red (CPSR) and Canada Western Amber Durum (CWAD) wheats. Gains in U.S. wheat markets provided support as a stronger Canadian dollar kept a lid on further increases. Average CWRS (13.5 per cent protein) wheat prices […] Read more


U.S. grains: Soybeans reach four-year high on global supply concerns

Corn, wheat rise to one-week highs

Chicago | Reuters — Chicago soybean futures reached four-year highs on Thursday as continued dryness in South America’s crop areas raised supply concerns at a time of brisk Chinese demand. Corn and wheat hit their highest in more than one week on strong demand and supply concerns. The most-active soybean contract on the Chicago Board […] Read more

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide. […] Read more


Prairie cash wheat: Durum springs forward, red spring falls back

MarketsFarm — Bids in Western Canada were weaker for Canada Western Red Spring (CWRS) and Canada Prairie Spring Red (CPSR) wheats for the week ended Thursday, while there were increases for Canada Western Amber Durum (CWAD). Double-digit losses in U.S. wheat markets weighed on values and a drop in the Canadian dollar provided support. Average […] Read more

U.S. grains: Corn futures fall after hitting 14-month high

Rains expected to benefit wheat crops; traders watch China to buy more U.S. corn, soy

Chicago | Reuters — Chicago Board of Trade corn futures ended lower on Tuesday after reaching their highest prices in more than a year on strong U.S. export demand. Soybean futures backpedaled after hitting their highest price since July 2016 on Monday. Wheat also slumped. Profit-taking weighed on corn after prices initially rose on a […] Read more