GFM Network News

(Lisa Guenther photo)

CBOT weekly outlook: Soy, corn hold in trading range

CNS Canada — Supply and demand estimates from the U.S. Department of Agriculture held few surprises and had only limited effects on Chicago Board of Trade corn and soybeans — both rangebound in the short term, according to one U.S.-based analyst. “That report was pretty non-eventful right now,” said Scott Capinegro of Barrington Commodity Brokers. […] Read more

(Lisa Guenther photo)

U.S. grains: Soybeans, corn, wheat close higher after Fed statement

Chicago | Reuters — U.S. soybean, wheat and corn futures rose on Wednesday, with the Federal Reserve’s announcement that it will be less patient in normalizing monetary policy jolting the market to session highs late in the trading day. Bargain buying and short covering also were supportive factors for the agricultural commodities. The Federal Reserve’s […] Read more