GFM Network News

More News →

Author Archives

Crops, Markets, Reuters

U.S. grains: Soybeans, corn fall

Wheat firms on crop concerns; Russia cuts crop outlook

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures sank 1.4 per cent to a two-week low on Thursday, pressured by concerns about falling export demand from the world’s top soy importer due to rising tensions between Beijing and Washington, traders said. “It does not take much,” said Mark Schultz, chief market analyst at Northstar Commodity. “You […] Read more
Crops, Markets, Reuters

U.S. grains: Soy slips as traders await China deals

CBOT corn, wheat futures rise

By
Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade soybean futures dipped on Tuesday, pressured by a fast pace of planting and slowing export deals to China after a string of sales earlier in the month, traders said. “The trade is very dependent on China buying, and we really have not seen an announcement here in […] Read more
Livestock, Markets, Reuters

U.S. livestock: Hog futures fall

Live cattle futures firm while slaughter numbers rise

By
Reading Time: < 1 minute Chicago | Reuters — U.S. hog futures fell on Tuesday, pressured by an increase in daily slaughter totals as pork plants come back online, traders said. CME live cattle futures firmed despite rising kill numbers, with the most-actively traded contract passing through a key technical benchmark. The nearby CME June live cattle futures contract settled […] Read more
Crops, Markets, Reuters

U.S. grains: CBOT wheat hits lowest since March

Soybeans, corn firm as oil rallies

By
Reading Time: 2 minutes Chicago | Reuters –– U.S. wheat futures fell to their lowest in more than two months on Monday, pressured by sluggish demand on the export front and some much-needed rain in the U.S. Plains, traders said. Soybean futures were higher, supported by gains in the crude oil market as well as strong demand from China. […] Read more
Livestock, Markets, Reuters

U.S. livestock: Live cattle book third day of gains

CME to change cattle futures trading rules

By
Reading Time: < 1 minute Chicago | Reuters — U.S. live cattle futures rose for the third day in a row on Monday, hitting their highest since April 1, with ongoing strength in the cash markets leading the way higher, traders said. Hog contracts were lower, with the front-month contract sinking to its lowest since April 29. The nearby CME […] Read more
Crops, Markets, Reuters

U.S. grains: Corn, soybean futures down off gains

Chicago wheat also weak

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell on Friday after three straight days of gains as investors took some risk out of the market due to demand uncertainty stemming from the global coronavirus pandemic, traders said. Wheat futures also were lower, with forecasts for some rain in key production areas of Europe […] Read more
Livestock, Markets, Reuters

U.S. livestock: Profit-taking, technical selling pressure hogs, live cattle

By
Reading Time: < 1 minute Chicago | Reuters — U.S. hog and live cattle futures eased on Friday, with end-of-week profit-taking and technical selling pressuring the livestock markets, traders said. Strong consumer demand for pork underpinned the hog futures, which rose 17.4 per cent this week. “The pork product markets continue to scream higher and have begun to pull lean […] Read more
Crops, Markets, Reuters

U.S. grains: Export hopes push soy, corn, wheat futures higher

By
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Thursday as recent declines spurred demand for imports of all three commodities, traders said. Bargain-buying and short-covering contributed to the bullish tone following a sharp sell-off across the commodities market as the coronavirus pandemic roiled demand. “None of the major commodities have a […] Read more
Crops, Markets, Reuters

U.S. grains: Corn gains on short-covering

Soy firms on export deal

By
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures rose 2.4 per cent on Wednesday as traders unwound bearish bets following the market’s decline to its lowest since September 2009 on Tuesday, traders said. “Corn got down to the lowest prices yesterday we have seen in many years, and we have a short-covering bounce,” said Greg Grow, […] Read more

Special Podcast Series

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending June 26, 2020.

Sponsored By:
More Videos →

Daily Newsletter

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