GFM Network News


U.S. livestock: Cattle stumble to two-month low ahead of USDA report

Lean hogs follow cutout values higher

Reading Time: 2 minutes Chicago | Reuters — U.S. live and feeder cattle futures dropped to their lowest prices in about two months on Thursday as traders adjusted positions before a government report that is expected to show an increase in supplies. Hog futures, meanwhile, advanced to their highest prices in about two weeks. The U.S. Department of Agriculture […] Read more

U.S. grains: Corn futures hit three-month high on export demand

Profit-taking sparks pullback in CBOT wheat

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures topped a three-month high on Thursday on improved export demand, while wheat futures traded near a 1-1/2 year high reached a session earlier. Soybeans eased to a one-month low as traders awaited signs of Chinese purchases of U.S. crops in the wake of last week’s initial trade agreement […] Read more



U.S. grains: Robust global demand supports Chicago wheat

Reading Time: 2 minutes Chicago | Reuters — Profit-taking pulled down Chicago Board of Trade wheat futures on Wednesday after robust global demand and concerns about tightening supplies pushed the most-active contract to its highest price since August 2018. Soybean futures also ended lower, while nearby corn futures inched higher. Traders in the farm markets continued to wait for […] Read more



U.S. livestock: Hogs, cattle ease amid uncertain Chinese demand

Reading Time: 2 minutes Chicago | Reuters — U.S. livestock futures came under pressure on Tuesday as traders waited for signs of increased Chinese demand after Beijing and Washington signed an initial trade deal last week. China pledged to increase purchases of U.S. agricultural products as part of the agreement, which is meant to reduce tensions after nearly two […] Read more





U.S. livestock: Hogs limit down on profit-taking, Middle East tensions

Reading Time: 2 minutes Chicago | Reuters — U.S. hog futures tumbled by the daily trading limit to a three-week low on Friday as rising geopolitical tensions in the Middle East triggered profit-taking, analysts said. Losses hit markets after a U.S. air strike in Iraq killed Iran’s most prominent military commander, rattling traders of products from agricultural futures to […] Read more

U.S. grains: Wheat, soy hit 2018 highs

Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures hit 2018 highs to start the new year as traders continued to expect increased Chinese demand once Washington and Beijing ink an initial trade deal. The gains on Thursday extended annual advances from 2019, a year marked by farmer stress over the U.S.-China trade war and […] Read more