GFM Network News

Drought rally retreats, losses pared by end-user buying

U.S. grains fell on Wednesday as investors cashed in profits after a blistering rally, but losses narrowed at the close by more than half as end users purchased grain and as updated weather outlooks scaled back rain forecasts for the Midwest. Analysts said "buying on the breaks" signalled that rallies in corn and soybeans still […] Read more