GFM Network News


U.S. grains: Profit taking pressures wheat, corn, soybeans

Warmer spell also drags on winter wheat futures

Reading Time: 2 minutes Chicago | Reuters — Chicago Board of Trade wheat futures slid 2.8 per cent on Friday, their second straight day of declines, on a profit-taking setback as warming weather in the U.S. reduced the threat of damage to the dormant crop, traders said. Corn and soybean futures also were weaker but closed well above session […] Read more

U.S. grains: Wheat retreats after cold-weather rally

Corn, soy futures consolidate

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures fell two per cent on Wednesday, retreating from a two-week high set in early moves, as concerns eased about cold-weather damage following a frigid weekend in the U.S. Plains, analysts said. Corn futures firmed slightly, consolidating below multi-year highs established last week, and soybean futures closed mixed. A […] Read more


U.S. grains: Wheat climbs to one-week high on frigid U.S. weather

Corn, soy futures follow firm trend

Reading Time: 2 minutes Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Tuesday, rising more than three per cent on fears that frigid temperatures in the bread basket of the U.S. Plains may have damaged winter wheat, analysts said. Corn and soybean futures followed the firm trend, with a strong U.S. soy-crushing pace and […] Read more

U.S. grains: Weather worries push wheat futures higher

Soybeans firm, corn slips

Reading Time: 1 minute Chicago | Reuters — U.S. wheat futures rose on Friday, supported by concerns that arctic temperatures in key growing areas could damage the dormant crop during the weekend, traders said. “Cold temperatures, chiefly domestically, lesser so abroad, will keep the wheat trade watching winterkill prospects over the weekend,” Matt Zeller, director of market information at […] Read more


U.S. grains: Soybeans end lower, after rising on demand optimism

U.S. winter wheat threatened by cold weather

Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures ended lower on Friday after trading higher earlier on expectations of continued export demand eating into already tight U.S. stocks. Corn futures traded slightly lower as traders assessed mixed crop prospects in South America, while wheat ticked up slightly on fears of winterkill across the U.S. southern Plains […] Read more



U.S. grains: Wheat up on crop ratings

Corn drifts lower, soybeans down day after touching $12

Reading Time: 2 minutes Chicago | Reuters — Chicago wheat futures climbed to two-week highs on Tuesday as a surprise decline in winter wheat condition ratings raised concerns about supplies of the food grain, traders said, while corn futures ticked lower ahead of Thursday’s U.S. Thanksgiving holiday. Chicago Board of Trade March wheat futures settled up 13 cents at […] Read more

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide. […] Read more


U.S. grains: Soybeans fall as harvest pressure fills bulls’ void

Corn follows soybeans lower; wheat ends slightly higher

Reading Time: 2 minutes Chicago | Reuters — Chicago soybean futures dropped sharply on Monday, as harvest pressure pushed the market lower, traders said. Corn followed soybeans lower, while wheat ended slightly higher on concerns that dryness across the U.S. Great Plains might limit winter wheat growth. Chicago Board of Trade most-active soybeans fell 31-3/4 cents to $10.33-3/4 per […] Read more

Southern Alberta seed grower Greg Stamp in a field of KWS Daniello, a hybrid fall rye variety noted for its high resistance to ergot.

Rye sees a resurgence

New high-yielding hybrids with better ergot resistance are finding a home in the pasture and feedlot

Reading Time: 6 minutes Rye — arguably the runt of the litter among Prairie grains in recent decades — has staged something of a comeback. But this isn’t your granddaddy’s rye. Since 2016, rye’s acreage across the Prairies has been on a steady climb. Statistics Canada pegs last fall’s seedings at 352,500 acres, up from 225,000 four years ago, […] Read more