GFM Network News


Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Argentina forms agency to manage cargo river, grain exporters worry

Added bureaucracy in grain shipping feared

Buenos Aires | Reuters — Argentina said on Wednesday it had formed a new government agency to manage dredging operations needed to ensure navigation of the Parana River, which carries about 80 per cent of the country’s grains exports from the Pampas farm belt out to sea. For decades, cargo ships have paid tolls directly […] Read more







CBOT May 2019 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans firm on trade deal hopes

Chicago | Reuters — Chicago soybean futures climbed on Monday amid news reports that Beijing and Washington are close to settling a lingering trade dispute, a breakthrough that could boost China’s demand for U.S. soy and other agricultural products. Corn also rose, pulling away from a three-month low struck in the previous session. Wheat prices […] Read more


(Dave Bedard photo)

U.S. grain prices soar as floods shut waterways, threaten crops

Chicago | Reuters — U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri and spurred a surge in physical prices of corn and soybeans. The sudden jump in prices could complicate a months-long stand-off between farmers who are […] Read more