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GFM Network News

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Stories by Reuters

CME live cattle LEJ24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: Cattle, hogs sag as traders track US slaughtering

Data largely neutral for cattle futures, analysts say

By Reuters, Tom Polansek, GFM Network News January 19, 2024
Chicago Mercantile Exchange cattle futures eased on Friday as the market retreated from November highs, and hog futures also closed lower.

Farmers protesting in Toulouse, France, on January 16, 2024, with tractors bearing placards that read ‘Macron still an effort, soon all farmers will be dead’. Photo by Alain Pitton/NurPhoto via Reuters
General, Reuters

France could face nationwide farmer protests as anger mounts

Farmers cite fuel taxes, excessive restrictions and red tape among grievances

By Reuters, GFM Network News January 19, 2024
France's largest farm union FNSEA is considering nationwide protests in the coming weeks, a spokesperson said on Friday, potentially expanding action by farmers in the southwest who have blocked a highway and dumped manure on public buildings.


CME live cattle LEJ24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)
Markets, Reuters

U.S. livestock: Follow-through buying carries CME cattle to eight-week highs

Cattle lighter after severe winter weather traders say

By Reuters, Tom Polansek, GFM Network News January 18, 2024
Chicago Mercantile Exchange cattle futures stormed to their highest levels in about eight weeks on Thursday amid follow-through buying, traders said.

CBOT soybeans ZSH24 on Jan. 18 with 20, 50 and 100-day moving averages. (Barchart)

U.S. grains: Soy, corn futures end higher after setting multi-year lows

Beneficial rains have eased concerns about crop damage in Brazil from drought

By Reuters, Tom Polansek, GFM Network News January 18, 2024
Chicago Board of Trade soybean futures dropped to their lowest level in more than two years on Thursday and corn futures set a three-year low before the markets turned higher on short covering and technical buying, analysts said.


Photo: Thinkstock
Crops, General

China’s embrace of GMO crops gains momentum with new import, planting approvals

GMO corn, soybeans, cotton recently approved for domestic production in China

By Reuters, GFM Network News January 18, 2024
China on Thursday approved additional varieties of genetically modified soybeans and corn for import and production while expanding their planting areas nationwide, as part of a drive to improve food security and reduce imports.

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

Red Sea crisis cutting farm exports from Ukraine, minister says

Wheat shipments via Suez plunge amid Red Sea attacks: WTO

By Reuters, GFM Network News January 18, 2024
The situation in the Red Sea has led to a slowdown in Ukrainian agricultural exports in January, agriculture minister Mykola Solsky said on Thursday.


CBOT soybeans ZSH24 on Jan. 17, 2024, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soy futures drop near two-year low, corn sets three-year low

Wheat ended nearly unchanged after touching seven-week low on Tuesday

By Reuters, Tom Polansek, GFM Network News January 17, 2024
Chicago Board of Trade soybean futures tumbled near a two-year low on Wednesday as Brazilian crops benefited from improved weather and challenged U.S. exports on the global market, analysts said.

CME live cattle LEJ24 on Jan. 17, 2024, with Bollinger bands. (Barchart)
Markets, Reuters

U.S. livestock: Cattle futures hit November highs as traders focus on harsh US winter

Lean hogs ended slightly up after early plunge

By Reuters, Tom Polansek, GFM Network News January 17, 2024
Chicago Mercantile Exchange cattle futures touched their highest prices since November on Wednesday after severe winter weather has slowed weight gains for livestock and disrupted slaughtering, analysts said.


Photo: iStock
Livestock, Reuters

Philippines bans poultry imports from California, Ohio to prevent bird flu spread

The country recently halted imports from Belgium, France on disease concerns

By Reuters, GFM Network News January 17, 2024
The Philippines' farm ministry said on Wednesday it has banned poultry imports from California and Ohio in the United States because of several outbreaks there of highly pathogenic avian influenza.

CBOT Soybeans ZSH24 on Jan. 16 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soybean futures firm as traders wrestle with Brazilian output forecasts

Conflicting South American soy crop forecasts roil trade; market processing USDA crop production report

By Reuters, GFM Network News January 16, 2024
Chicago Board of Trade soybean futures ended higher on Tuesday on a technical bounce, amid a day of volatile trading and a flurry of news with conflicting pricing guidance, traders said.


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