GFM Network News


U.S. grains: Corn, soy slip on rains, crop ratings

Chicago | Reuters — U.S. grain and soybean futures extended losses on Tuesday as crops in the U.S. Midwest were poised to benefit from rains, traders said. Technical selling and better-than-expected U.S. Department of Agriculture crop condition ratings added pressure on prices. Showers in parts of the Midwest and Mississippi Delta temporarily eased concerns about […] Read more

U.S. grains: Corn up as crop ratings ease

Chicago | Reuters — Chicago corn futures rose for a second straight day on Tuesday after the U.S. Department of Agriculture said the condition of U.S. crops deteriorated last week following rain, although gains were pared late in the session on improving weather. Soybeans turned lower on forecasts for a window of warmer and drier […] Read more



Canadian crop development behind average

MarketsFarm — Crop development is running behind average across much of Canada, with excessive moisture delaying seeding in Ontario and dryness slowing crop development across the Prairies. That’s according to the latest satellite data from the federal Crop Condition Assessment Program (CCAP), created in partnership between Statistics Canada and Agriculture and Agri-Food Canada. Crop development […] Read more





U.S. grains: Corn, wheat hit one-month lows

Chicago | Reuters — U.S. corn and wheat futures fell to one-month lows on Wednesday, a day ahead of monthly U.S. Department of Agriculture reports that are expected to confirm big crops and plentiful global grain supplies, analysts said. Soybeans closed fractionally lower after a choppy session. Chicago Board of Trade December corn settled down […] Read more