GFM Network News


U.S. grains: Markets remain cautious, rangebound ahead of holiday

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures were mixed on Tuesday, slipping at one point from a six-week high hit in the previous session, as grain markets remained cautious and positive trade news with China weighed against disappointing export sales data, traders said. The market has high expectations of top-consumer China ramping up soy purchases […] Read more

U.S. grains: Soy futures hit six-week high on U.S.-China trade hopes

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures touched a six-week high on Monday on optimism that China would ramp up purchases of U.S. soy following this month’s announcement of a “Phase 1” trade deal, analysts said. Corn futures firmed, following strength in soybeans, while wheat turned lower in thin technical trade ahead of this week’s […] Read more


Confluence of bullish news sends wheat futures higher

Reading Time: 2 minutes MarketsFarm — A number of factors have come together to underpin North American wheat prices, with more room to the upside after a rally in all three U.S. futures markets to start the week, according to an analyst. Chicago, Kansas City and Minneapolis wheat futures all started the week with double-digit gains. The Chicago and […] Read more

U.S. grains: Wheat futures rally as U.S. cold snap threatens crops

Reading Time: 2 minutes Chicago | Reuters – U.S. wheat futures jumped on Tuesday as traders worried a cold snap would hurt recently planted crops. Temperatures dropped near zero Fahrenheit (-18 Celsius) in wheat-growing areas of the U.S. Plains, including in western Kansas, according to a daily weather report from the U.S. Department of Agriculture. A separate weekly USDA report, […] Read more


U.S. grains: Corn edges up after USDA trims U.S. harvest outlook, soybeans drop

Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures firmed on Friday after the U.S. Department of Agriculture lowered its U.S. yield and harvest forecasts in a monthly crop report, though gains were kept in check by worries about weak demand. Soybeans fell as the USDA left its U.S. crop yield and harvest outlooks unchanged despite poor weather this […] Read more

U.S. grains: Soy rallies on strong exports, fresh U.S.-China trade deal optimism

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures rebounded from two sessions of declines on Thursday on stronger-than-expected export sales and renewed optimism about an interim U.S.-China trade deal after government officials said it could include a phased rollback of tariffs. Corn futures slumped for a sixth straight session on weak export demand and investor positioning […] Read more


U.S. grains: Soybeans drop on U.S. harvest, worries over interim China trade deal

Reading Time: 2 minutes Chicago | Reuters – U.S. soybean futures slumped on Wednesday on rising supplies from the ongoing U.S. harvest and concerns about a delay in finalizing a “phase one” trade deal with China that could speed imports by the world’s top buyer. Corn also weakened on harvest pressure and dull demand for U.S. supplies, while wheat […] Read more

U.S. grains: Corn, soybeans retreat as mostly dry weather accelerates U.S. harvest

Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures dropped to a 3-1/2-week low on Tuesday, while soybeans fell for the first time in four sessions as largely dry U.S. Midwest weather propelled harvesting and rains bolstered crop prospects in South America where farmers are planting corn and soy. Positioning ahead of a monthly U.S. Department of […] Read more


U.S. grains: Corn slides on demand worries, advancing U.S. harvest

Reading Time: 2 minutes Chicago | Reuters – U.S. corn futures fell for a third straight session on Monday on forecasts for larger U.S. harvest yields and concerns about sluggish demand for American export shipments of the grain. Wheat also declined as stiff competition in global export markets and a stronger dollar pressured prices. Soybean futures, however, edged higher […] Read more

U.S. grains: Soybeans firm on China soy purchase, corn falls on uncertain U.S. harvest

Reading Time: 2 minutes Chicago | Reuters – U.S. soybeans futures firmed on Friday on news of another Chinese purchase of U.S. oilseeds and renewed hopes of progress in talks to resolve the trade war that has dramatically cut U.S. soybean exports to China. Wheat futures were stubbornly rangebound thanks to a weakening dollar. Corn prices stuttered as the […] Read more