GFM Network News

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

U.S. grains: Trade hopes spur gains in soy futures

Chicago | Reuters — U.S. soybean futures firmed for the third time in four sessions on Thursday, supported by a better-than-expected export report and hopes for a trade deal with China, traders said. Corn futures also closed in positive territory, with more rain in the U.S. Midwest sparking fresh concerns about planting delays in key […] Read more

CBOT January 2019 soybeans with 20-day moving average. (Barchart)

U.S. grains: Soy futures up on hopes of progress in U.S.-China dispute

Chicago | Reuters –– U.S. soybean futures turned higher on Wednesday on optimism that Washington and Beijing will make progress at the upcoming G20 leaders summit toward resolving the trade dispute that has disrupted U.S. exports of the oilseed. Wheat futures slipped, while corn futures ended nearly unchanged after touching their lowest price since Oct. […] Read more

(Stephen Ausmus photo courtesy ARS/USDA)

U.S. grains: Wheat up more than one per cent

Chicago | Reuters — U.S. wheat futures climbed more than one per cent on Wednesday while corn was higher for the sixth straight session as technical buying and end-of-year positioning buoyed grain prices, traders and analysts said. Soybean futures turned lower on the Chicago Board of Trade after an earlier 1-1/2-week high on profit-taking and […] Read more

(Lisa Guenther photo)

U.S. grains: Corn drops from peak, soybeans turn lower

Chicago | Reuters –– U.S. corn futures declined on Monday on technical selling and profit-taking after stronger-than-expected weekly export sales earlier lifted the market to its highest in nearly six months. Soybeans also turned lower after earlier hitting a 6-1/2 week high, pressured by technical selling and easing soymeal prices. Wheat futures closed higher for […] Read more

(Lisa Guenther photo)

CBOT weekly: Chinese demand weighs on corn, soy

CNS Canada — As the price of oil falls and wheat surges in price due to volatility in Russia, investors in corn and soybean markets are looking to China for near-term direction just days before the calendar year comes to an end. Corn futures at the Chicago Board of Trade finished higher during the week […] Read more