GFM Network News

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U.S. grains: Soybeans fall in profit-taking despite smaller USDA stocks outlook

Chicago | Reuters –– U.S. soybeans fell more than one per cent on Wednesday, reversing a one-month high in a profit-taking sell-off following a U.S. Department of Agriculture report that showed smaller-than-expected ending stocks of beans. Corn and wheat futures also eased at the Chicago Board of Trade, with corn hitting session lows in the […] Read more

(Lisa Guenther photo)

U.S. grains: Strong exports fuel corn, soy rally

Chicago | Reuters — Soybean and corn futures rose on Thursday on an export report that showed recent price declines have sparked strong overseas demand for U.S. commodities, traders said. “The exports have been pretty good for the last two or three weeks,” said Bill Gentry, broker at Risk Management Commodities. “Most of the guys […] Read more