GFM Network News


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U.S. grains: Wheat rises to 8-1/2-year highs on world supply worries

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures climbed to 8-1/2-year highs on Friday and European wheat futures extended gains, led by fresh contract highs in Paris, after steep cuts to world stockpiles in a U.S. government report fuelled supply worries, analysts said. Soybean futures rose on fears of tightening global vegetable oil supplies, but corn […] Read more

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U.S. grains: CBOT wheat hits three-month high as U.S. cuts global crop

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures climbed to a three-month high on Thursday after the U.S. Department of Agriculture slashed production estimates in exporting countries. Corn futures set a one-month high on a smaller-than-expected U.S. yield forecast in a USDA crop report that fueled concerns about tightening global grain supplies due to harsh […] Read more


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U.S. grains: CBOT wheat stabilizes after rally as traders await U.S. crop data

Reading Time: 2 minutes Chicago | Reuters – Chicago Board of Trade wheat futures stabilized on Wednesday as traders adjusted positions ahead of a U.S. government crop report, a day after prices jumped on concerns about tightening global inventories. The U.S. Department of Agriculture is set to issue an update on global grain supplies and demand in a monthly report on […] Read more

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U.S. grains: Wheat higher on global supply fears; soybeans climb, corn eases

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures rose more than 2 percent on Tuesday as European wheat markets climbed on concern about tightening global supplies, traders said. Soybean futures firmed on renewed export demand for U.S. supplies while corn ended modestly lower, pressured by better-than-expected weekly U.S. crop condition ratings. Chicago Board of Trade September […] Read more


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U.S. grains: Corn, soy retreat on U.S. rains, broad declines in commodities

Reading Time: 2 minutes Chicago | Reuters – U.S. corn and soybean futures declined on Monday, pressured by beneficial weekend rains in the Corn Belt and spillover weakness from outside commodity markets including crude oil and gold, analysts said. Wheat followed the weaker trend, with a firmer dollar adding to bearish sentiment. Chicago Board of Trade December corn settled […] Read more

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U.S. grains: Soybeans climb on exports, end week lower

Reading Time: 2 minutes Chicago | Reuters – Chicago soybean futures gained on Friday after a second day of fresh export sales buoyed demand prospects, though forecasts for rain across the U.S. Midwest through the weekend capped gains. Corn was little changed while wheat added as harvest setbacks in North America, Russia and Western Europe raised concern over tightening […] Read more


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U.S. grains: Corn, soy firm on demand strength

Reading Time: < 1 minute Chicago | Reuters – Chicago corn and soybeans climbed on Thursday on stronger export sales, though gains were capped by rainfall across parts of the U.S. Midwest. Wheat traded near even before ending slightly lower, supported by firmer grains complex and distressed crops across North America. The market also awaits the U.S. Department of Agriculture monthly […] Read more

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U.S. grains: Soybeans gain on weather concern; global demand pressures corn, wheat

Reading Time: 2 minutes Chicago | Reuters – Corn and wheat futures slipped on Wednesday, tracking falls in outside energy markets as rising Delta-variant coronavirus cases raised worries that renewed restrictions could limit demand and overwhelmed recent weather concerns for U.S. crops. Chicago soybeans ended higher, supported by a private assessment of the U.S. crop, released Tuesday after the […] Read more


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U.S. grains: Soybeans fall on improved crop outlook, forecast

Reading Time: < 1 minute Chicago | Reuters – Chicago soybean futures sank on Tuesday after the previous day’s better-than-expected crop conditions report coupled with forecasts for rain across the U.S. Midwest as the oilseed begins to set seed pods. Corn and wheat also fell but found support from earlier hot, dry weather that will likely cut yields. The most-active […] Read more