GFM Network News



U.S. grains: Soy, corn sag on trade uncertainty, harvest progress

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures fell on Wednesday on uncertainty surrounding the particulars of U.S.-China trade talks, along with pressure from the expanding Midwest harvest, analysts said. Wheat futures bucked the weak trend, climbing on technical buying and news that Egypt, a top global importer, bought 405,000 tonnes of wheat in […] Read more


“There are a few paths to higher soybean prices,” Shaw says. Watch October weather in South America, and keep your fingers crossed for trade peace.

Canadian farmers enter a challenging soybean market

Soybean fundamentals have changed and may never go back. What’s a grower to do?

Reading Time: 5 minutes Soybeans can be a real adventure. Growing them can certainly be a challenge. There is a lot more to soybeans than simply putting them in the ground and watching them grow. Soybeans are also big business in Canada. From the research labs across Canada to the ports and processing plants where they are shipped and […] Read more

U.S. grains: Corn, soy decline as China trade uncertainty lingers

Reading Time: 2 minutes Chicago | Reuters — U.S. corn and soybean futures closed lower on Tuesday on technical selling and seasonal pressure from the expanding U.S. harvest, along with uncertainty about the terms of a U.S.-China trade pact announced last month, analysts said. Wheat followed the weaker trend, with all three markets retreating from multi-month highs established a […] Read more


U.S. grains: Soybeans climb on weather worries

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures neared a four-month high on Monday, supported by fears that wintry weather over the weekend threatened Midwest production at a time of tightening U.S. soy supplies, analysts said. Wheat futures firmed on short-covering and worries about frosty temperatures in the U.S. Plains wheat belt, while corn ended steady, […] Read more

U.S. grains: Corn jumps four per cent

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures surged more than four per cent on Friday while wheat and soybeans also firmed, buoyed by expectations for a partial U.S.-China trade deal and worries about wintry weather threatening crops in the Midwest, analysts said. Chicago Board of Trade December corn settled up 17-1/2 cents at $3.97-3/4 a […] Read more


U.S. grains: Corn falls after higher yield estimate surprises traders

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures dropped to their lowest prices in more than a week on Thursday after the U.S. Agriculture Department surprised traders by raising its domestic yield estimate in a monthly crop report. The losses dragged down soybean futures, which earlier approached a three-month high on lower-than-expected U.S. yield and ending […] Read more

U.S. grains: Soybeans up on trade optimism, Midwest weather

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures climbed to their highest level in nearly three months on Wednesday before paring gains, supported by optimism about increased Chinese purchases and fears that a winter storm in the upper U.S. Midwest could threaten late-maturing crops. Corn closed modestly lower and wheat was little changed, with both commodities […] Read more


U.S. grains: Wheat, corn, soy rally after finding technical support

Reading Time: 2 minutes Chicago | Reuters — U.S. corn, soybean and wheat futures rose on Tuesday, rebounding from weakness in the overnight session after finding technical support, traders said. Wheat notched the biggest gain, with the benchmark Chicago Board of Trade soft red winter wheat contract rising 2.3 per cent. The contract rebounded from early weakness after finding […] Read more

U.S. grains: Corn firm ahead of USDA report, frosty weather

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures inched higher on Monday on position-squaring ahead of a key monthly U.S. government crop report later this week and worries about forecasts for a freeze looming for the northwestern Corn Belt, traders said. Soybeans and wheat closed lower after a choppy session. Chicago Board of Trade December corn […] Read more