GFM Network News

U.S. grains: Wheat, corn up on technical buying, export optimism

Soybean traders remain cautious

Chicago | Reuters — U.S. corn and wheat futures rose on Thursday on chart-based buying and short-covering coupled with optimism about prospects for U.S. agricultural export sales to China, traders said. Soybean futures firmed but trailed the advances in grains. Chicago Board of Trade March corn settled up 4-1/4 cents at $3.83-1/2 per bushel after […] Read more

GFO quits Grain Growers of Canada

Grain Farmers of Ontario flags national group's 'governance' and structure

Grain Farmers of Ontario has dropped out of Grain Growers of Canada. The Ontario organization, which represents about 28,000 barley, corn, oat, soybean and wheat farmers in the province, cited a lack of representation in the national policy group. GFO publicly announced its withdrawal in a news release on Thursday, days after it informed the […] Read more

U.S. grains: Soybeans rise for third session

Chicago | Reuters — U.S. soybean futures rose modestly on Wednesday as strength from global equity markets and soyoil futures offset worries about export demand for U.S. oilseeds, traders said. Wheat futures firmed on technical buying. But corn drifted lower in rangebound trade as uncertainty about demand hung over the market. Chicago Board of Trade […] Read more

U.S. grains: Soybeans set eight-month low

Chicago | Reuters — U.S. soybean futures fell for an eighth consecutive session on Thursday and hit an eight-month low as the rising toll from the coronavirus outbreak in China added to concerns about Chinese demand for American crops. Wheat also eased and set a three-week low on the Chicago Board of Trade as the […] Read more