GFM Network News


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

U.S. grains: Soy futures ease on rains in South American forecasts

Reuters -- U.S. soybean futures edged lower on Thursday, retreating from a five-week high touched earlier this week as traders expected rains to benefit rival suppliers in South America. Favourable crop weather could boost production in Argentina and Brazil, increasing global supplies and competition for export sales to buyers like China. Rains will ease dry […] Read more



Wet harvests hurt U.S., Canadian spring wheat quality

Wet harvests hurt U.S., Canadian spring wheat quality

Chicago | Reuters -- Excessively wet conditions in the northern U.S. Plains and Canadian Prairies have hurt the quality of the region's spring and durum wheat crops, potentially tightening supplies of top grades of the grains, handlers and agronomists said. Rains and heavy dew have slowed the harvest and, worse, caused mature, un-harvested wheat kernels […] Read more



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

U.S. grains: Corn up as crop ratings ease

Chicago | Reuters -- Chicago corn futures rose for a second straight day on Tuesday after the U.S. Department of Agriculture said the condition of U.S. crops deteriorated last week following rain, although gains were pared late in the session on improving weather. Soybeans turned lower on forecasts for a window of warmer and drier […] Read more