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GFM Network News

  • Photo: Clinton Austin/Getty Images Plus

    U.S. livestock: Feeder cattle hit contract highs on tight supply

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    U.S. grains: Soybeans tumble on doubts over U.S.-China trade progress

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Tag Archives cbot


Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Reuters

U.S. grains: Soybeans hit one-week high as trade fears ease

By GFM Network News March 26, 2018
Chicago | Reuters — U.S. grain and soybean futures touched one-week highs on Monday as fears eased that a trade war with China will take a bite out of crop exports. The markets ultimately closed lower on technical selling and profit-taking, analysts said. However, traders were breathing easier after China’s commerce ministry on Friday did […] Read more

(Photo courtesy United Soybean Board)
Crops, Markets, Reuters

U.S. grains: Soybeans end lower in volatile session

By GFM Network News March 23, 2018
Chicago | Reuters — U.S. soybean futures closed mostly lower on Friday after a wild session that saw the May soybean contract tumble to its lowest in over a month on worries about trade tensions, only to pare losses and briefly turn higher in late moves as soymeal soared. Corn closed modestly higher after notching […] Read more


Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat rebounds after weather-driven selloff

By GFM Network News March 22, 2018
Chicago | Reuters — U.S. wheat futures firmed Thursday on bargain-buying a day after forecasts for much-needed moisture pressed the Kansas City May hard red winter wheat contract to a seven-week low, traders said. Corn futures closed modestly higher while soybeans ended mostly steady. Chicago Board of Trade May wheat futures settled up 2-1/4 cents […] Read more

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy, corn market attention shifts north

By GFM Network News March 21, 2018
CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved lower over the past week, but stabilized at those lows as attention shifts from weather concerns in Argentina to planting intentions in North America. Rains in Argentina over the past weekend helped ease dryness concerns there somewhat and caused soybeans and […] Read more


(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wetter forecasts pressure K.C. wheat

By GFM Network News March 21, 2018
Chicago | Reuters — U.S. hard red winter wheat futures fell to near two-month lows on Wednesday on forecasts of another round of beneficial showers next week in the southern Plains that could boost crop prospects, analysts said. Chicago Board of Trade soft red winter wheat rallied late in the session to end higher, while […] Read more

Crops, Markets, Reuters

U.S. grains: Wheat prices bounce after steep losses

By GFM Network News March 20, 2018
Chicago | Reuters –– Chicago Board of Trade wheat futures rose on Tuesday in a light recovery bounce after falling to a seven-week low, but trade was cautious after weekend rains on the parched U.S. Plains offered respite for the winter wheat crop. Soybeans firmed on bargain-buying after Monday’s losses while corn edged lower after […] Read more


(Photo courtesy Canada Beef Inc.)
Crops, Markets, Reuters

U.S. grains: Wheat tumbles as rains cross drought-hit Plains

By GFM Network News March 19, 2018
Chicago | Reuters — U.S. wheat futures slid to six-week lows on Monday as much-needed rain and snow fell in dry areas of the southern Plains, pushing most-active K.C. hard red winter wheat futures down more than five per cent, traders said. Corn and soybean futures sagged on fund-driven long liquidation and as weekend rains […] Read more

Hard white winter wheat growing in North Carolina in 2010. (Dave Marshall photo courtesy ARS/USDA)
Crops, Markets, Reuters

U.S. grains: Wheat drops on forecast for rains

By Michael Hirtzer, GFM Network News March 16, 2018
Chicago | Reuters — Chicago wheat futures dropped to a 2-1/2-week low on Friday on outlooks for rains by this weekend that should alleviate stress on some crops in the parched U.S. Plains growing region, traders said. CBOT May contract wheat settled down 11 cents at $4.67-3/4 per bushel, bringing the losses for the week […] Read more


Crops, Markets, Reuters

U.S. grains: Chicago wheat sharply lower in technical sell-off

By Michael Hirtzer, GFM Network News March 15, 2018
Chicago | Reuters — Chicago Board of Trade wheat fell nearly two per cent on Thursday in a technical sell-off amid outlooks for rain in the parched U.S. Plains crop belt, traders and analysts said. Disappointing weekly U.S. wheat export sales added to headwinds, with CBOT May wheat dropping 10 cents to $4.78-3/4 per bushel, […] Read more

(Lisa Guenther photo)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Soy running out of time for move upward

By GFM Network News March 14, 2018
CNS Canada — Soybean futures on the Chicago Board of Trade came off their highs during the week and could be poised for further losses, according to a trader. The most-active May contract recorded a high of $10.77 a bushel on March 7 but ended at $10.32 at Wednesday’s close (all figures US$). Jack Scoville […] Read more


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