GFM Network News


U.S. grains: Corn, soy ease on warmer weather

Chicago | Reuters — Chicago soybean, corn and wheat futures all settled down on Monday after early strength, as outlooks for improved U.S. weather boosted crop production prospects, analysts said. The August soybean contract on the Chicago Board of Trade settled down 14-3/4 cents at $8.89-3/4 a bushel and new-crop November settled down 14-1/2 cents […] Read more



CBOT weekly outlook: Weather, trade wars keep futures volatile

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. Currently, soybeans are trading around […] Read more




U.S. grains: CBOT wheat rallies on weather

Chicago | Reuters — U.S. wheat futures rallied on Monday on concerns about harvest risks as more heavy rain was forecast in some U.S. grain belts and warm, dry weather was expected in top wheat exporter Russia. Meanwhile, corn and soybean futures traded choppily as the markets digested a threat of U.S. tariffs against Mexico, […] Read more



Mexico, Canada plow ahead on trade pact ratification despite Trump threats

Mexico City/Ottawa | Reuters — Mexico and Canada said on Friday they would proceed with plans to ratify a new continental trade pact despite a new threat from U.S. President Donald Trump that critics say could undermine chances of the treaty coming into force. Trump, whose administration has made passing the United States-Mexico-Canada (USMCA) free […] Read more


Target Trump’s base if trade spat worsens, Mexican farm lobby says

Mexico City | Reuters — The Mexican government should target agricultural goods produced in states that have voted for U.S. President Donald Trump’s Republican Party if the trade conflict between the two neighbours worsens, the head of Mexico’s main farm lobby said on Friday. Bosco de la Vega, head of Mexico’s national farm council CNA, […] Read more