GFM Network News


MGEX May 2021 spring wheat (candlesticks) with 20-day moving average (gray line) and CBOT May 2021 wheat (orange line). (Barchart)

U.S. grains: Wheat lifted on spring planting concerns

Near-term tightness in world supply underpins soy, corn

Chicago | Reuters — Chicago wheat futures gained on Wednesday, following the Minneapolis Grain Exchange’s hard red spring wheat higher on concerns that dryness across the U.S. Great Plains could affect spring wheat plantings. Chicago corn gained ahead of the U.S. Department of Agriculture’s monthly supply and demand report on Friday, which is expected to […] Read more

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

U.S. grains: Soy touches US$12 mark on Brazil weather

CBOT March corn, wheat also up

Chicago | Reuters — U.S. soybean futures climbed to US$12 a bushel on Monday for the first time in four years as dry conditions in parts of Brazil and Argentina stoked concerns about supplies of the oilseed, analysts said. Corn advanced, also lifted by worries about dryness in South America, and wheat futures followed the […] Read more



Parched Prairie forages hang in under stress

Parched Prairie forages hang in under stress

CNS Canada — Sporadic rains and prolonged periods of dryness are taking their toll on forage crops in Alberta and parts of Saskatchewan. According to Terry Kowalchuk, a forage crop specialist with Saskatchewan Agriculture in Regina, the eastern half of the province is managing, but the situation is worse in the province’s west. The western […] Read more