GFM Network News



U.S. grains: Corn hits contract lows on sluggish exports, mild weather

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell to life-of-contract lows on Friday, pressured by disappointing weekly U.S. export data and forecasts for benign weather in the heart of the Midwest crop belt, analysts said. Soybeans turned down, retreating from early advances, and wheat followed the lower trend. Chicago Board of Trade December corn settled […] Read more


U.S. grains: Soybeans sag on demand worries

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures fell more than one per cent on Thursday on concerns about burdensome supplies and weak export demand as the U.S. trade war with China continues, analysts said. Wheat futures rose on short-covering and worries about drought in Australia, and corn edged higher, despite bearish weekly U.S. ethanol statistics. […] Read more

U.S. livestock: Live cattle fall as cash cattle, beef prices sag

Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell to contract lows on Thursday as cash cattle prices declined from last week and wholesale beef prices extended their slide, traders said. Cash cattle traded at $100/cwt in Texas and Kansas, traders said, down from $103 last week (all figures US$). “Boxed beef is […] Read more


U.S. grains: Corn extends slide on crop prospects

Reading Time: 2 minutes Chicago | Reuters –– Chicago corn futures fell for a third straight session on Wednesday, setting life-of-contract lows as improving crop ratings and benign weather forecasts raised confidence in U.S. harvest prospects, traders said. Wheat rose, with benchmark Chicago wheat rebounding from a three-month low set a day earlier and K.C. and Minneapolis hard wheat […] Read more



U.S. grains: Wheat sags on abundant global supplies

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade (CBOT) soft red winter wheat futures fell to three-month lows on Tuesday while U.S. hard wheat futures hit their lowest levels in a decade, pressured by ample world supplies and strong export competition, analysts said. Corn futures fell to life-of-contract lows on mild crop weather that bolstered […] Read more




U.S. grains: Soy, corn slide following fresh round of China tariffs

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures hit a three-month low and soybeans neared a three-week bottom after China said it would impose additional tariffs on U.S. products including grains and soy, escalating the trade war between the world’s top two economies. On the Chicago Board of Trade, soybean futures posted the biggest declines. China […] Read more