GFM Network News

U.S. grains: Corn falls to 1-month low, soy futures dip

Chicago | Reuters – U.S. corn futures hit a one-month low and soybean futures also tumbled on Tuesday as improving U.S. crop condition ratings and favorable weather outlooks supported expectations for large harvests this autumn, analysts said. Wheat followed the weaker trend. Chicago Board of Trade December corn settled down 4-1/2 cents at $3.30 per […] Read more

U.S. grains: Wheat futures rally as U.S. cold snap threatens crops

Chicago | Reuters – U.S. wheat futures jumped on Tuesday as traders worried a cold snap would hurt recently planted crops. Temperatures dropped near zero Fahrenheit (-18 Celsius) in wheat-growing areas of the U.S. Plains, including in western Kansas, according to a daily weather report from the U.S. Department of Agriculture. A separate weekly USDA report, […] Read more

U.S. grains: Soy rallies on strong exports, fresh U.S.-China trade deal optimism

Chicago | Reuters – U.S. soybean futures rebounded from two sessions of declines on Thursday on stronger-than-expected export sales and renewed optimism about an interim U.S.-China trade deal after government officials said it could include a phased rollback of tariffs. Corn futures slumped for a sixth straight session on weak export demand and investor positioning […] Read more