GFM Network News


U.S. grains: Wheat slips on bumper harvest, soy up on exports

Corn inches up on technical trading, weather questions

Chicago | Reuters — Chicago wheat futures slid again on Thursday, dropping to their lowest in more than eight months amid a bumper U.S. harvest and well-timed European rains. Soybeans and corn edged higher, on technical trading and signs weather may not be so crop-friendly across the U.S. Corn Belt in coming days. The most-active […] Read more




U.S. grains: Soybeans, corn ease in technical setback

Chicago | Reuters — U.S. soybean futures eased on Wednesday in a technical selling setback following two days of gains despite concerns that rainy weather in parts of the Midwest would delay harvesting and possibly damage some crops. Corn futures also fell as technical selling more than offset support from strong demand and potential harvest […] Read more


U.S. EPA ups biofuel targets slightly

Reuters — The U.S. Environmental Protection Agency said on Thursday it will require fuel companies to blend slightly more biofuels into the nation’s gasoline and diesel next year, angering oil refiners who view them as a competitive threat. The announcement follows weeks of lobbying by Midwestern lawmakers and representatives of the corn industry who wanted […] Read more

Climate Corp. to partner with Canadian drone data firm

In a bid to bring its eye-in-the-sky views of clients’ fields closer to Earth, Monsanto’s Climate Corp. has struck up a partnership with a Canadian drone data provider. Climate on Nov. 15 announced an “official” partnership with Toronto-based Deveron UAS, which operates a fleet of drones serving farm clients across North America, to deliver “advanced” […] Read more