GFM Network News

More News →

Tag Archives South America

Crops, Markets, Reuters

U.S. grains: Futures slip on South American rains

USDA report seen cutting U.S. soy, corn supply estimates

By ,
Chicago | Reuters — U.S. soybean futures slipped from 6-1/2-year highs on Monday on crop-boosting rains in South America and as investors squared positions ahead of eagerly awaited U.S. government crop forecast data due on Tuesday. Corn and wheat futures also pulled back from multi-year peaks posted last week as the U.S. dollar firmed and […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans to 6-1/2-year top on expectations of tightening stocks

Corn futures up, wheat retreats

By ,
Chicago | Reuters — U.S. soybean futures resumed their rally on Friday after a light setback a day earlier, climbing to 6-1/2-year highs on signs of fresh export demand and expectations that key U.S. crop reports next week will indicate tightening global supplies. Corn futures also rose, hovering near multi-year highs set this week above […] Read more
Crops, Markets, Reuters

U.S. grains: Soy rally extends into 2021

South America soybean supply fears continue; corn ends mixed

By ,
Chicago | Reuters — U.S. soybean futures extended a rally to 6-1/2-year highs before trimming gains on Monday as dry crop weather and disruptions to exports in South America continued to unsettle investors at a time of brisk Chinese demand, analysts said. Wheat closed modestly higher, while corn ended mixed, as both commodities pared gains […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans touch 6-1/2 year high

Corn follows as traders eye South American crops

By ,
Chicago | Reuters — U.S. soybean futures surged to their highest in 6-1/2 years on Friday as the rain outlook in key South American growing areas remained uncertain, threatening harvest prospects as global demand strengthens, traders said. Forecasts of low U.S. soybean inventories and strong demand from U.S. processors and importers like China have made […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, wheat, soybeans rally with exports in focus

CBOT March wheat passes US$6 mark

By ,
Chicago | Reuters — Chicago Board of Trade soybean and corn futures rose on Thursday, with soybeans soaring past the US$12 a bushel mark and hitting a fresh 4-1/2-year high after a strong weekly export report sparked a rally, traders said. The good demand for U.S. supplies highlighted concerns about potential harvest shortfalls in South […] Read more
Crops, Markets, Reuters

U.S. grains: Profit-taking pressures soybeans

Corn futures firm, wheat weak

By ,
Chicago | Reuters — U.S. soybean futures eased on Wednesday on a profit-taking setback after approaching 4-1/2-year highs, traders said. Corn futures ended firmer on technical buying, while wheat dipped. Concerns about dry conditions limiting crop potential in key corn- and soy-growing areas of South American underpinned the market, with strong demand weighing on global […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat soars as Russia eyes export curbs

Tightening supplies underpin corn, soybeans

By ,
Chicago | Reuters — U.S. wheat futures surged on Friday on concerns about thinning global supplies after the U.S. Department of Agriculture (USDA) slashed its grain stocks outlook and as top supplier Russia pondered export curbs. Corn and soy futures also rose as tightening supplies, particularly of soybeans, and lingering concerns about South American crops […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, soy retreat as USDA’s supply cuts disappoint

Renewed talk of Russian export curbs supports wheat

By ,
Chicago | Reuters — U.S. corn and soybean futures turned lower on Thursday after the U.S. Department of Agriculture (USDA) trimmed its soybean supply outlook by less than expected and left its corn stocks view unchanged in an monthly report. Wheat futures pulled back from early highs on spillover pressure from retreating corn and soybeans, […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending January 15, 2021.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.