GFM Network News


CBOT March 2021 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat retreats after cold-weather rally

Corn, soy futures consolidate

Chicago | Reuters — U.S. wheat futures fell two per cent on Wednesday, retreating from a two-week high set in early moves, as concerns eased about cold-weather damage following a frigid weekend in the U.S. Plains, analysts said. Corn futures firmed slightly, consolidating below multi-year highs established last week, and soybean futures closed mixed. A […] Read more

K.C. April 2021 hard red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Weather worries push wheat futures higher

Soybeans firm, corn slips

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by concerns that arctic temperatures in key growing areas could damage the dormant crop during the weekend, traders said. “Cold temperatures, chiefly domestically, lesser so abroad, will keep the wheat trade watching winterkill prospects over the weekend,” Matt Zeller, director of market information at […] Read more


CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans end lower, after rising on demand optimism

U.S. winter wheat threatened by cold weather

Chicago | Reuters — U.S. soybean futures ended lower on Friday after trading higher earlier on expectations of continued export demand eating into already tight U.S. stocks. Corn futures traded slightly lower as traders assessed mixed crop prospects in South America, while wheat ticked up slightly on fears of winterkill across the U.S. southern Plains […] Read more






(Scott Bauer photo courtesy ARS/USDA)

U.S. grains: Soybeans fall to four-month low

Chicago | Reuters — Chicago soybean futures fell more than one per cent and neared a four-month low Thursday on improving crop prospects in Brazil that could curb demand for U.S. soy exports, traders said. Corn and wheat futures also declined in thin trade between the Christmas and New Year’s Day holidays. Chicago Board of […] Read more

(Photo courtesy ARS/USDA)

Manitoba forages fight past winterkill, pest issues

CNS Canada — The first hay cut is well underway in several parts of Manitoba as favourable weather conditions set the stage for what could be a decent forage season. “Generally speaking they’re (forages) all doing well,” said Pamela Iwanchysko, farm production extension specialist with the provincial government in Dauphin. “The rains were timely.” What […] Read more