GFM Network News


CBOT September 2021 wheat (candlesticks) with 20-day moving average (black line) and K.C. September 2021 wheat (orange line). (Barchart)

U.S. grains: Wheat climbs on deteriorating crop conditions

Corn rises as U.S. crop rating misses consensus

Chicago | Reuters — Chicago wheat futures climbed on Tuesday to a two-month peak after official data underscored poor conditions for drought-hit U.S. spring wheat. Chicago corn gained, as a lower-than-expected weekly crop rating focused attention back to dry conditions in parts of the Midwest. Soybeans rebounded after being pressured by falling crude oil prices […] Read more

CBOT November 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Crop concerns, Chinese buying spark rallies in soy, corn

CBOT December wheat closes higher

Chicago | Reuters — Chicago Board of Trade corn and soybean futures rallied on Tuesday on rising export demand from China and concerns that deteriorating crop conditions will curtail the size of the U.S. fall harvest, traders said. Soybeans topped out at a seven-month high while corn jumped 2.6 per cent to its highest in […] Read more


CBOT July 2020 corn with 20- and 50-day moving averages. (Barchart)

U.S. grains: Corn drops to three-week low

Soybeans ease despite crop rating fall as China news weighed

Chicago | Reuters — U.S. corn futures fell for a second straight session on Tuesday and touched a three-week low on an unexpected rise in government crop condition ratings and favorable U.S. Midwest weather that was seen bolstering the recently planted crop. Soybean prices also eased, despite a decline in the U.S. Department of Agriculture’s […] Read more

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

U.S. grains: Soy slumps on improved crop rating

Chicago | Reuters –– U.S. soybean futures retreated on Tuesday on improving crop prospects and a lack of progress in trade talks with China, the world’s top importer of the oilseed, traders said. Prices took a hit after soybeans climbed on Monday on short covering and hopes for easing tensions in the trade war between […] Read more