GFM Network News


U.S. grains: Corn sinks on weather, retreating crude oil

Chicago | Reuters — U.S. corn futures fell on Tuesday for the first time in four sessions on better-than-expected U.S. crop conditions and as crude oil prices, which fuelled the prior session’s rally, retreated. Soybeans also declined, despite the announcement of more sales to top importer China, as forecasts for continued warm weather across much […] Read more



U.S. grains: Soybeans, corn ease on crop-boosting weather

Chicago | Reuters — U.S. soybean futures retreated on Wednesday ahead of an eagerly awaited U.S. government crop report, pressured by forecasts for favourable Midwest crop weather and disappointment that China did not include the oilseed on a list of U.S. imports exempted from tariffs. Corn also weakened as late-planted U.S. crops were seen benefiting […] Read more



U.S. grains: Soybeans up on yield uncertainty

Chicago | Reuters — U.S. soybean futures closed higher on Wednesday on technical buying and uncertainty about U.S. yield prospects, analysts said. Corn and wheat futures also firmed, steadying after the benchmark contracts for both grains dipped to three-month lows. Chicago Board of Trade November soybean futures settled up 4-3/4 cents at $8.73 per bushel […] Read more

U.S. grains: Corn, soy gain as market wrestles with export, crop prospects

Chicago | Reuters — Chicago corn and soybean futures settled up on Friday as investors weighed trade talks between the United States and China and expected cooler U.S. weather against uncertainty over acreage levels following a rain-soaked spring. Some analysts said there may be some technical buying pushing up futures, especially soybeans. They also looked […] Read more


U.S. grains: Wheat, soybeans slightly lower after midday rise

Chicago | Reuters — Chicago wheat and soybean futures settled slightly lower on Wednesday as forecasts for cooler weather lifted expectations for better crop conditions after this week’s hot spell, though corn edged higher. Markets had been falling since Monday’s U.S. Department of Agriculture (USDA) weekly crop progress report, which showed conditions for soy and […] Read more

U.S. grains: Corn, soy slip on rains, crop ratings

Chicago | Reuters — U.S. grain and soybean futures extended losses on Tuesday as crops in the U.S. Midwest were poised to benefit from rains, traders said. Technical selling and better-than-expected U.S. Department of Agriculture crop condition ratings added pressure on prices. Showers in parts of the Midwest and Mississippi Delta temporarily eased concerns about […] Read more