GFM Network News

More News →

Author Archives

CBOT May 2021 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn rebounds on technicals, sales to China

Soybeans also gain; wheat weak on improving U.S. crop

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures rebounded on Friday in an end-of-week technical and bargain buying bounce from steep losses the previous day. Corn received an additional boost from the U.S. Agriculture Department’s (USDA) confirmation of large sales to China for a fourth straight day, lifting the market to its first weekly […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs resume climb on robust demand

Cattle down ahead of USDA report

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures ended mostly higher on Friday, rebounding from sharp declines the previous day as strong pork demand and tight hog supplies extended the market’s recent advance. Hog futures have soared in recent weeks, with April futures touching a 6-1/2 year front-month-contract high on Friday, as traders […] Read more
CBOT May 2021 corn (candlesticks) with Bollinger bands (20,2) and May 2021 WTI crude (black line). (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy slump in broad-based commodities selloff

Weekly corn export sales top estimates, China buys more

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell on Thursday as a firm U.S. dollar and tumbling energy prices, with crude oil down more than eight per cent, stoked broad selling across commodities markets. The steepest corn and soy declines in more than a week marked a further pullback from recent highs as […] Read more
CME June 2021 live cattle with Bollinger (20,2) bands. (Barchart)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Cattle, hogs follow broader commodities markets lower

"We were a little top heavy coming in"

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange cattle and hog futures posted steep losses in most contracts on Thursday as a broad-based commodities market selloff, led by sinking crude oil and a firmer U.S. dollar, weighed on prices. Fundamental factors for both cattle and hogs remained solid amid strong beef and pork exports and good […] Read more
CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans slide on slowing exports, Argentina rains

USDA confirms more U.S. corn sales to China

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures retreated on Wednesday on slowing export sales as global demand shifts to South American supplies and as U.S. farmers prepare to dramatically increase plantings of the oilseed this spring. Corn futures were mixed, with the nearby contract firming as strong sales to China stoked concerns about tightening supplies. […] Read more
CME April 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Lean hogs climb to 6-1/2-year high

Cattle futures follow hogs higher

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures rallied for a second straight session on Wednesday and the spot contract rose to the highest in 6-1/2 years on elevated pork prices and expectations for continued strong pork export sales. Pork prices have been rising, led by higher pork belly values, as retailers and […] Read more
CBOT May 2021 corn with 20- and 50-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Nearby corn futures firm as USDA reports big sales to China

CBOT May soybeans, wheat also up

By
Reading Time: < 1 minute Chicago | Reuters — U.S. corn futures edged higher in actively traded nearby contracts on Tuesday on strong export demand after the U.S. Department of Agriculture confirmed the largest sales to China since January. Soybean futures were mixed, with nearby prices rising on concerns about South American harvest weather and spillover support from higher spot […] Read more
CME June 2021 lean hogs with 20-, 50- and 100-day moving averages. (Barchart)
Beef Cattle, Hogs, Livestock, Markets, Reuters

U.S. livestock: Lean hogs up on tightening hog supplies, strong pork demand

CME live cattle futures mixed

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Mercantile Exchange lean hog futures were mostly higher on Tuesday on lofty pork prices, tightening hog supplies and hopes for improved meat demand as economies begin to fully re-open after coronavirus pandemic shutdowns. Hog supplies have tightened following liquidation of the U.S. sow herd last year and some disease-related U.S. […] Read more
CBOT November 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans rise as USDA projects tight supplies into 2022

Wheat slumps on profit taking, nearby corn also slips

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Friday after the U.S. Department of Agriculture (USDA) forecast domestic supplies of the oilseed would remain historically tight into 2022 despite its projection for a record-large harvest this autumn. Corn futures were mixed, with nearby contracts slipping from earlier highs on profit-taking ahead of the weekend, […] Read more
CBOT March 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets, Reuters, Weather

U.S. grains: Soybeans, corn slump on record USDA acreage projections

Wheat gains on harsh U.S. cold, surging European wheat

By
Reading Time: 2 minutes Chicago | Reuters — Corn and soybean futures retreated on Thursday after the U.S. Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record. U.S. wheat futures, meanwhile, climbed to the highest level in 2-1/2 weeks on rallying European wheat prices, a […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending April 9, 2021.

Sponsored By:
More Videos →

Daily Newsletter

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