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GFM Network News

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    U.S. grains: Soybeans, corn fall on harvest pressure

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  • Photo: Geralyn Wichers

    U.S. livestock: Hog futures slide in technical correction

    9 hours ago
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Stories by Reuters

Scenes from a year-long protest in India (here, near, Delhi in December 2020) during which farmers decried new laws liberalizing agriculture markets. (Photo: Reuters/Anushree Fadnavis)
General, Reuters

Indian police block roads to halt farmers marching to New Delhi

Farmers accuse Modi gov. of slow rollout of promised higher prices

By Reuters, GFM Network News February 12, 2024
Indian police on Monday blocked roads to halt farmers who were marching to New Delhi to press for the better crop prices promised to them in 2021 when thousands of growers camped out on major highways leading to the country's capital.

iStock / Getty Images
Markets, Reuters

U.S. livestock: CME lean hogs firm; cattle futures mixed on technical resistance

Cattle market continued to feel pressure from winter weather in Midwest

By Reuters, GFM Network News February 9, 2024
Chicago Mercantile Exchange lean hog futures turned higher on Friday, bolstered by export sales that include China buying U.S. pork supplies for their open market, traders said.


Photo: Scharfsinn86/Getty Images
Markets, Reuters

U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies

Wheat futures higher on bargain buying, short covering

By Reuters, GFM Network News February 9, 2024
U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.

Photo: Thinkstock
General, Reuters

Farmers Edge owner Fairfax Financial shorted on alleged asset manipulation

Short seller's report doesn't describe nefarious accounting tactics, only potentially aggressive valuation marks, bank says

By Reuters, GFM Network News February 9, 2024
Short seller Muddy Waters has placed bets against the shares of Canadian insurer Fairfax Financial, which owns the majority share in Farmers Edge,  alleging manipulation in the insurer's asset values.


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, Markets, Reuters

More grain ships diverted from Red Sea due to Houthi attacks

Air strikes, naval forces not enough to end attacks on ships, trader says

By Reuters, GFM Network News February 9, 2024
More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern about attacks on vessels in the Red Sea continued, shipping analysts said on Friday.

(Geralyn Wichers photo)
Markets, Reuters

U.S. livestock: Live cattle, nearby feeder cattle futures firm

Lean hog futures bounce back from early lows

By Reuters, GFM Network News February 8, 2024
Chicago Mercantile Exchange live cattle and nearby feeder cattle futures turned higher on Thursday, supported by weakness in the corn market Cv1 and anticipation that the cash market will continue to firm, traders said.


The Chicago Board of Trade building on May 28, 2018. (Harmantasdc/iStock Editorial/Getty Images)
Markets, Reuters

U.S. grains: Soybeans turn higher, grains lower, on raft of government data

Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter

By Reuters, GFM Network News February 8, 2024
Chicago Board of Trade soybean futures ended the day higher on Thursday on a flurry of late-session buying, as the market struggled to gain clarity on the size of the Brazilian crop, traders said.

Photo: Getty Images
Reuters, Weather

El Nino waning, La Nina to develop in second half of 2024

La Nina likely to affect production of wheat, corn in US, soybeans, corn in Latin America, analyst says

By Reuters, GFM Network News February 8, 2024
The La Nina weather pattern could emerge in the second half of 2024, quickly after El Nino transitions into ENSO-neutral conditions in the middle of this year, a U.S. government weather forecaster said on Thursday.


Farmers gather outside the Basque regional parliament in front of riot police during a protest over price pressures, taxes and green regulation, grievances shared by farmers across Europe, in Vitoria, Spain, February 8, 2024. REUTERS/Vincent West
General, Reuters

Tractors choke Spanish city streets as farmers protest EU policy

Spain's government, EU distribute additional subsidies, scrap plan to halve pesticide use

By Reuters, GFM Network News February 8, 2024
Spanish farmers drove tractors through city streets, disrupting traffic on Thursday as they stepped up their protests against soaring costs, bureaucracy and cheap competition from outside the European Union.

Photo: Getty Images
Markets, Reuters

U.S. grains: Corn, soybeans touch new multi-year lows on grain glut worries

Easing heat wave in Argentina tempers crop worries

By Reuters, GFM Network News February 7, 2024
Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.


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