GFM Network News

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

U.S. grains: Futures inch up after choppy trading day

Chicago | Reuters — U.S. corn and soybean futures rose on Wednesday as traders assessed U.S. Midwest rain forecasts after a recent dry spell, and awaited an expected revision in U.S. planting estimates following spring rains. Wheat recovered from Tuesday’s technical-driven losses, despite healthy Northern Hemisphere harvests and a steady dollar keeping a lid on […] Read more

CBOT May 2019 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat rebounds from seven-month low

Chicago | Reuters — Chicago wheat futures rebounded on Thursday after a four-day slide, while the grains market overall steadied as U.S. and China trade negotiators sketched an outline for what could be a deal to end the trade war. Thursday’s technical bounce in wheat was encouraged by optimism over the trade negotiations, which also […] Read more