GFM Network News

Beetles halt U.S. DDGs exports to Thailand

Chicago | Reuters — Exports of U.S. distillers’ dried grains to Thailand have stopped due to new fumigation requirements installed after beetles were discovered in a shipment last year, U.S. traders said on Friday. Thai government officials said U.S. shipments required certificates showing they had been “properly fumigated.” Traders said sales had effectively been halted […] Read more

Prairie wheat bids mixed while U.S. futures rise

CNS Canada — Wheat bids in Western Canada were mixed for the week ended Thursday, while U.S. wheat futures rose. Depending on the location, average Canada Western Red Spring (CWRS, 13.5 per cent protein) wheat prices were mixed in Western Canada with some unchanged and others rising by $1-$2, according to price quotes from a […] Read more

CBOT weekly outlook: Futures get weather boost

CNS Canada — The troublesome weather that gave Chicago Board of Trade (CBOT) corn, soybean and wheat contracts a boost over the past week should remain supportive, despite nearby technical setbacks, according to a trader. “I’m still slightly bullish on beans, corn and wheat given the unfavourable weather situation in South America, with too much […] Read more