GFM Network News






U.S. grains: Soybeans up on trade optimism, Midwest weather

Chicago | Reuters — U.S. soybean futures climbed to their highest level in nearly three months on Wednesday before paring gains, supported by optimism about increased Chinese purchases and fears that a winter storm in the upper U.S. Midwest could threaten late-maturing crops. Corn closed modestly lower and wheat was little changed, with both commodities […] Read more


U.S. grains: Wheat, corn, soy rally after finding technical support

Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Tuesday, rebounding from weakness in the overnight session after finding technical support, traders said. Wheat notched the biggest gain, with the benchmark Chicago Board of Trade soft red winter wheat contract rising 2.3 per cent. The contract rebounded from early weakness after finding […] Read more




U.S. livestock: CME hogs limit down on U.S.-China trade jitters

Chicago | Reuters — Chicago Mercantile Exchange hog futures fell their daily limit on Monday, declining for a fifth straight session as an aggressive slaughter pace and uncertainty about this week’s U.S. trade talks with China overshadowed rising pork cut-out values, traders said. The selloff came as U.S. and Chinese deputy trade negotiators launched a […] Read more


U.S. grains: Corn falls; wheat, soy rise

Chicago | Reuters — U.S. corn futures dropped on Friday while soybeans and wheat edged higher in muted trading as investors waited for the U.S. government’s monthly update to harvest projections. Corn futures remained under pressure from profit-taking after prices jumped to a seven-week high on Tuesday. The market shrugged off long-awaited news that the […] Read more