GFM Network News

More News →

Author Archives

Livestock, Markets, Reuters

U.S. livestock: Cattle up on beef demand, cash market optimism

Chicago hogs down on profit-taking

By
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures rose on Tuesday, with the December contract reaching its highest in a month on signs of strong demand for beef and expectations of firm cash cattle trade this week, analysts said. Also, commodity funds appeared to be adjusting positions ahead of the end of the month and […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, soy ease as harvest advances

USDA quarterly stocks data awaited

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed lower on Tuesday on expectations of rapid harvest progress this week and a slowdown in demand from China, a big buyer of U.S. soybeans and corn, in recent weeks, analysts said. Wheat futures also fell but declines in all three commodities were muted as traders […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans end down on harvest pressure

Chicago corn, wheat futures climb

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Monday on the outlook for favourable harvest weather in the heart of the Midwest, where producers are poised to sell soybeans and store their corn, analysts said. Traders were also squaring positions ahead of quarterly grain stocks reports due midweek from the U.S. Department of Agriculture. […] Read more
Livestock, Markets, Reuters

U.S. livestock: Cattle futures up on cash market optimism

Wholesale pork values support October hogs

By
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed firm on Monday, rallying after a sharply lower open as strong packer margins raised expectations for higher cash cattle trade this week, analysts said. Average beef packer margins rose to $320.18 per head, from $313.25 on Friday, according to livestock marketing advisory service HedgersEdge.com (all figures […] Read more
Livestock, Markets, Reuters

U.S. livestock: CME cattle futures end up on firm cash trade

Lean hog futures close mixed

By
Reading Time: 2 minutes Chicago | Reuters — U.S. live cattle futures closed modestly higher on Friday, supported by strength in cash cattle markets this week, but uncertainty about beef demand in the coming months capped rallies, analysts said. Chicago Mercantile Exchange October live cattle futures settled up 0.575 cent at 107.35 cents/lb. and December rose 0.525 cent to […] Read more
Crops, Markets, Reuters

U.S. grains: Soy extends climb, wheat jumps

Dry weather elsewhere supports wheat futures

By
Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures extended their bull run on Friday, reaching a two-year top as top global buyer China continued with daily purchases of U.S. soybeans. Wheat futures surged more than three per cent on fears of tightening supplies from key exporters, and corn futures rose for a third straight session. Chicago […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans touch two-year top on China buying spree

Wheat up on technical buying, cash prices

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures extended their rally on Thursday, rising 1.7 per cent to set a two-year high as brisk demand from China continued to support the oilseed market. Corn rose as the strength in soybeans overshadowed pressure from a smaller-than-expected Chinese corn import quota. Wheat futures jumped on technical buying and […] Read more
Crops, Markets, Reuters

U.S. grains: Soy jumps on China demand, fund-driven buying

CBOT wheat, corn follow soybeans higher

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures surged to two-year highs on Wednesday on continued export demand from top global soy buyer China and fund-driven buying, analysts said. Corn and wheat futures followed soybeans higher, with additional support from a more than four per cent jump in U.S. crude oil prices. Corn and soyoil sometimes […] Read more
Crops, Markets, Reuters, Weather

U.S. grains: Soy down on profit-taking after climb above US$10

CBOT corn, wheat also down

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell on Tuesday, retreating from two-year highs above US$10 a bushel as traders booked profits and forecasts called for favourable weather for the start of the U.S. Midwest harvest, analysts said. Corn futures backed down from six-month highs set a day earlier, and wheat also declined. Chicago Board […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans top $10 a bushel on Chinese demand, smaller crop

Chicago corn, wheat also up

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures advanced on Monday, with the most-active contract rising above US$10 a bushel for the first time in two years on strong export demand from China, before paring gains on profit-taking, analysts said. Corn futures ended modestly higher after reaching a six-month top and wheat also rose. Chicago Board […] Read more

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending September 25, 2020.

Sponsored By:
More Videos →

Daily Newsletter

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