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GFM Network News

  • Photo: Canada Beef

    U.S. livestock: Cattle markets up ahead of report

    2 days ago
  • Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

    U.S. grains: Soybean futures fall after Trump-Xi call

    2 days ago
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    2 days ago
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GFM Network News

  • Photo: Canada Beef

    U.S. livestock: Cattle markets up ahead of report

    2 days ago
  • Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

    U.S. grains: Soybean futures fall after Trump-Xi call

    2 days ago
  • Prairie Wheat Weekly: Western Canadian bids slightly decline

    2 days ago
More News →

Corn


American corn growers expected an announcement on the sustainable aviation fuel tax credit at last week’s 2024 Commodity Classic convention, the annual gathering of U.S. corn, soybean, wheat and sorghum growers. But that didn’t happen. U.S. secretary of agriculture Tom Vilsack told growers the government needs more time to sort things out. Photo: Sean Pratt
General

Commodity Classic: U.S. corn growers await aviation fuel decision

Biden administration expected to announce within weeks if ethanol will qualify for sustainable aviation fuel tax credit

By GFM Network News March 4, 2024
American corn growers are on pins and needles waiting to find out if corn ethanol will qualify for a lucrative sustainable aviation fuel tax credit.

Ed Usset, grain marketing economist from the University of Minnesota, addresses the 2024 Commodity Classic. Photo: Sean Pratt
General

Commodity Classic: ‘Strong evidence’ for old crop price rally says economist

Booming renewable diesel industry seen as a positive

By GFM Network News March 4, 2024
Old crop corn and soybean prices in the United States will likely rally this spring, according to an agricultural economist.


Photo: Sean Pratt
General

Commodity Classic: U.S. fighting for market share says Vilsack

Competitive advantages from superior U.S. transportation have all but evaporated

By GFM Network News March 4, 2024
U.S. agriculture secretary Tom Vilsack says the United States is trying to regain its competitive edge in world agricultural markets.

Photo: iStock/Getty Images
Markets, Reuters

U.S. grains: Soybeans off 3-year low, but gain limited by global supplies

Slowing Chinese demand also weighs on prices

By Reuters, GFM Network News March 1, 2024
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.


FILE PHOTO: People walk on the beach as a container ship crosses the Gulf of Suez towards the Red Sea before entering the Suez Canal, in El Ain El Sokhna in Suez, east of Cairo, Egypt April 24, 2017. Picture taken April 24, 2017. Photo: Reuters/Amr Abdallah Dalsh
General, Reuters

Only grain ships from Black Sea and for Iran still crossing Red Sea, analysts say

Houthi attacks have disrupted global shipping since November, forcing ships to re-route

By Reuters, GFM Network News March 1, 2024
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the Red Sea as Houthi militants continue to attack vessels in the area, analysts said on Friday.

Ed Usset, grain marketing economist from the University of Minnesota, addresses the 2024 Commodity Classic. Photo: Sean Pratt
General

Commodity Classic day one: Farmers concerned about EPA’s herbicide strategy

Farm bill, USDA crop forecasts on American farmers' minds at the Houston farm show

By GFM Network News March 1, 2024
Day one of the 2024 Commodity Classic is in the books and a few interesting themes emerged from the annual gathering of U.S. corn, soybean, wheat and sorghum growers.


Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soybeans dip to new 3-year low in volatile trading day

Weekly soybean exports on lower end of expectations -USDA

By Reuters, GFM Network News February 29, 2024
Chicago Board of Trade soybean futures dipped on Thursday to a new three-year low, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.

(Photo courtesy Canada Beef Inc.)
Markets

Feed barley stuck in downtrend

Canada has imported 564,900 tonnes of U.S. corn since Sept. 1

By GFM Network News February 29, 2024
The Western Canadian feed market remains under pressure, with barley bids stuck in a steady downtrend.


Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)
Markets, Reuters

U.S. grains: Soybean futures rise from three-year low

Corn extends recovery; wheat futures fell

By Reuters, Tom Polansek, GFM Network News February 28, 2024
Chicago Board of Trade soybean futures settled higher on short-covering and technical buying on Wednesday as the market rebounded after the front-month contract matched a three-year low, analysts said.

Photo: Fotokostic/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Corn extends bounce from three-year lows on bargain buying

Soybean futures backpedal from early advances

By Reuters, Tom Polansek, GFM Network News February 27, 2024
Chicago | Reuters -- Chicago Board of Trade corn futures rose for a second consecutive session on Tuesday, extending a slight recovery from their lowest levels in more than three years.


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