GFM Network News

A wheat crop in progress on May 24, 2016 north of London, Ont. (Ralph Pearce photo)

U.S. grains: Wheat, corn bounce on short-covering

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by lingering concerns about crop damage in the U.S. Plains following a snow storm at the weekend. Short-covering also contributed to the wheat gains as traders covered bearish bets following a sell-off on Thursday. Corn futures also rose, with traders noting short-covering as a […] Read more

(Allan Dawson photo)

U.S. grains: Profit-taking sparks sell-off

Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures fell on Tuesday, pressured by a round of profit-taking and technical sales, traders said. Soybeans set back from a 15-month high hit during the overnight session while corn and wheat faced resistance after failing to take out last week’s peaks, sparking a […] Read more