GFM Network News


CBOT weekly outlook: Headlines, geopolitics drive prices

MarketsFarm — To Terry Reilly, about the only things driving the Chicago Board of Trade (CBOT) are headlines and geopolitics developments. “Traders are trading headlines,” Reilly, an analyst for Futures International in Chicago, said in reference to the latest developments in U.S.-China trade talks. Reports on Wednesday morning said the two countries were close to […] Read more



Chicago Board of Trade waiting on (any) news

MarketsFarm – Grain markets on the Chicago Board of Trade are “falling of its own weight” due to removed technical levels and a lack of substantive news to influence markets. “There’s just no news to generate any upside swing,” said Steve Georgy, President of Allendale Inc. in McHenry, Illinois. “Some technical levels were removed, and […] Read more







U.S. grains: Soy surges as export hopes rise

Chicago | Reuters — U.S. soybean, corn and wheat futures rose on Friday on bargain buying after all three commodities posted sharp declines on Thursday. Soybeans led the gains, with the most-active contract rising 2.6 per cent. Underpinning soy were hopes that the U.S. exporters will continue to pick up overseas demand even as harvest […] Read more



CBOT weekly outlook: Corn, soy trade up, but fundamentals bearish

CNS Canada — Despite short-term bullish factors in Chicago Board of Trade (CBOT) corn and soybeans, one analyst anticipates prices will be pressured in coming weeks. To start the week, a turnaround in crude oil markets supported prices, said Terry Reilly, senior commodity analyst at Futures International. Rebounds in Malaysian palm oil prices are also […] Read more