GFM Network News


CBOT weekly outlook: Corn, soy continue rallies

MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have appreciated a significant rally over the past weeks. Last week’s world agriculture supply and demand estimates (WASDE) from the U.S. Department of Agriculture (USDA) detailed lower-than-expected ending stocks for soybeans, which were bullish for soybean values. “Beans are on a mission right now,” said […] Read more

CBOT weekly outlook: Bullish USDA report sends soy, corn up sharply

MarketsFarm — Soybean and corn yields in the United States ended up much smaller than early expectations, according to updated supply and demand estimates released Tuesday by the U.S. Department of Agriculture. The resulting drop in production and ending stocks has sent futures rallying to new contract highs, with more gains likely. Average U.S. soybean […] Read more


CBOT weekly outlook: Watch for USDA’s corn, soy stocks numbers to decline

MarketsFarm — Expect ending stocks for U.S. corn and soybeans to be lower in the upcoming supply and demand report from the U.S. Department of Agriculture (USDA), said Scott Capinegro of Barrington Commodities at Barrington, Ill. USDA is scheduled to release its next world agriculture supply and demand estimates (WASDE) on Friday at 11 a.m. […] Read more




StatsCan adjusts expected corn, soy harvests upward

Satellite models predict higher yields on fewer acres

Statistics Canada’s latest batch of satellite-modelled crop data includes slightly raised expectations for Canadian corn and soybean harvests this fall. StatsCan on Monday released model-based principal field crop estimates for the period ending Aug. 31, suggesting higher soy and corn numbers than seen in its Production of principal field crops report released Aug. 31, which […] Read more



CBOT weekly outlook: Seasonal harvest pressure weighs on soy, corn

MarketsFarm — Market activity on the Chicago Board of Trade has been characteristic for September, with harvest activity keeping pressure on values. “The trend for September turns to the downside as harvest starts to pick up,” said Steve Georgy of Barrington Commodities at Barrington, Ill. However, next week’s world agriculture supply and demand estimates (WASDE) […] Read more


StatsCan predicts more corn, less soy in 2020 harvest

Fewer acres but higher yields predicted

Statistics Canada’s latest round of expectations for the 2020 harvest calls for more corn and less soy than in 2019, with higher yields offsetting lower planted acres for both crops. In its Production of principal field crops report, using information from July — based on models created using satellite technology — StatsCan on Monday called […] Read more

CBOT weekly outlook: Rain needed across U.S. Midwest

MarketsFarm — Dry conditions across the U.S. Midwest were among the factors that could affect commodity prices on the Chicago Board of Trade (CBOT) if rain doesn’t come soon, according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Dry conditions in the region could lead to price increases for corn and soybeans. “Across northern […] Read more