GFM Network News

More News →

Archives

Crops, Markets, Reuters

U.S. grains: Wheat futures hit two-month low

Soybean, corn futures also decline

By ,
Chicago | Reuters — Chicago wheat futures hit a two-month low on Tuesday, pressured by improving U.S. winter wheat crop ratings, strong export competition and rising estimates of Australia’s harvest, analysts said. Corn and soybean futures also sagged, retreating from early strength as traders focused on forecasts for welcome rains in South American crop regions. […] Read more
Crops, Machinery & Shop, Reuters

U.S. fuel industry frazzled as EPA misses biofuel volumes deadline

COVID-19 fallout complicates process

By ,
New York | Reuters — The U.S. Environmental Protection Agency was set to miss a deadline Monday to announce how much renewable fuel the nation’s refiners must blend into their fuel mix next year, raising uncertainty in the fuel market and prompting one biofuel association to threaten to take the agency to court. Under federal […] Read more
Crops, Markets, Reuters

U.S. grains: Soybeans firm as South American crops struggle

Corn, wheat futures also higher

By ,
Chicago | Reuters — Chicago soybean futures ended higher on Friday as continued dryness in South America threatened to stress the crop in Brazil and Argentina, while strong export demand strengthened corn and wheat. Chicago Board of Trade’s most-active soybean futures added 7-3/4 cents to $11.91-3/4 a bushel, ending the week up 10-3/4 cents for […] Read more
Crops, Markets

CBOT weekly outlook: Markets could go higher after U.S. Thanksgiving

Ethanol data show demand for corn

By ,
MarketsFarm — Just ahead of the Thanksgiving holiday in the United States, the Chicago Board of Trade was pulling back a little, generating double-digit losses in most wheat contracts, while corn and soybeans were down by smaller amounts. However, from Steve Georgy, president of Allendale Inc. at Fort McHenry, Ill., sits, the trend after Thanksgiving […] Read more
Crops, Markets, Reuters

U.S. grains: CBOT wheat down three per cent

Soy, corn also sag on pre-holiday slide

By ,
Chicago | Reuters — Chicago wheat futures fell more than three per cent on Wednesday and corn and soybean futures also slipped as traders booked profits after recent highs in all three markets, and ahead of Thursday’s U.S. Thanksgiving holiday, analysts said. Chicago Board of Trade March wheat futures settled down 21 cents at $5.96-1/2 […] Read more
Canola, Crops, Markets, Soybeans

October crush numbers up, canola record set

By ,
MarketsFarm — Canadian oilseed processors crushed a record amount of canola during October 2020, according to the latest data from Statistics Canada. Increases were reported throughout the canola and soybean crushes when comparing this October with October 2019. October 2020 saw 931,060 tonnes of canola crushed, which bested the previous record of 899,331 tonnes set […] Read more
Crops, Markets, Reuters

U.S. grains: Wheat up on crop ratings

Corn drifts lower, soybeans down day after touching $12

By ,
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
Crops, Markets, Reuters

U.S. grains: Soy touches US$12 mark on Brazil weather

CBOT March corn, wheat also up

By ,
Chicago | Reuters — U.S. soybean futures climbed to US$12 a bushel on Monday for the first time in four years as dry conditions in parts of Brazil and Argentina stoked concerns about supplies of the oilseed, analysts said. Corn advanced, also lifted by worries about dryness in South America, and wheat futures followed the […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV: In Case You Missed It – Your National Ag News Recap for the week ending November 27, 2020.

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.