GFM Network News

U.S. ethanol expected to be competitive in 2017

San Diego | CNS Canada –– Weaker commodity prices and less international competition are expected to lend demand and profitability to the U.S. ethanol market in 2017, one analyst says. But changing political and policy environments — in the U.S. and abroad — add an element of uncertainty to the market, and the potential to […] Read more

U.S. grains: Wheat falls on profit-taking

Chicago | Reuters — U.S. wheat futures sank on Friday on a round of end-of-week profit taking after prices hit an 8-1/2 week high on Thursday, traders said. Soybeans also fell, pressured by the expanding harvest of what is expected to be a bumper crop in the U.S., while corn was close to unchanged. Wheat […] Read more

U.S. grains: Corn falls on improving weather view

Chicago | Reuters — Chicago Board of Trade soybean futures fell on Friday, setting back from a three-day rally on a round of profit-taking after prices hit their highest in more than a month, traders said. Corn futures also fell, pressured by forecasts for drier weather and rising temperatures that will foster corn development. CBOT […] Read more