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GFM Network News

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

    U.S. grains: Soybean futures edge up as Argentina ends export tax waiver

    3 hours ago
  • Photo: Canada Beef

    U.S. livestock: Hog futures hit contract high, herd falls short of estimates

    3 hours ago
  • Eastern wheat to be included in Cereals Canada’s harvest assessment

    5 hours ago
More News →

Tag Archives China


CME August 2019 feeder cattle with 20-, 50- and 100-day moving averages. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Feeder cattle futures dip to contract lows

By GFM Network News May 16, 2019
Chicago | Reuters — U.S. feeder cattle futures on the Chicago Mercantile Exchange (CME) dipped to new contract lows on Thursday as a rally in Chicago Board of Trade corn futures this week continued to signal rising feed costs and U.S. beef demand remains sluggish. Cattle futures also faced headwinds from U.S. Department of Agriculture […] Read more

A macrophage (immune response) cell in early stages of infection with African swine fever virus, magnified about 1,000x. (Keith Weller photo courtesy ARS/USDA)
Hogs, Livestock, Reuters

U.S. to begin testing sick and dead pigs for African swine fever

By GFM Network News May 16, 2019
Chicago | Reuters — The U.S. Department of Agriculture within weeks will begin testing sick and dead pigs for a hog virus that has killed herds across Asia in an effort to minimize devastation if the disease enters the United States, the agency said on Thursday. Increased testing aims to help U.S. officials detect cases […] Read more


(Gassen/iStock/Getty Images)
Hogs, Livestock, Markets, Reuters

China cancels U.S. pork import order as trade war drags on

By GFM Network News May 16, 2019
Chicago | Reuters — The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 tonnes of U.S. pork — the biggest cancellation in more than a year, according to U.S. Department of Agriculture data released on Thursday. The cancellation came during the week ended […] Read more

(Dave Bedard photo)
Crops, Markets, Reuters

New Bunge CEO looks to downsize company before growing again

By Rod Nickel, GFM Network News May 16, 2019
New York | Reuters — The new chief executive of oilseed processor Bunge said Wednesday that the company needs to downsize in the short term and earn “the right to grow again,” by avoiding costly mistakes and operating with financial discipline. “We’re going to let the numbers drive what should happen for us. First, we […] Read more


U.S. livestock: Lean hogs up as swine fever fuels export hopes
Livestock, Markets, Reuters

U.S. livestock: Lean hogs up as swine fever fuels export hopes

By Julie Ingwersen, GFM Network News May 15, 2019
Chicago | Reuters — U.S. lean hog futures on the Chicago Mercantile Exchange (CME) rose for a second day on Wednesday, supported by expectations of increased demand for U.S. pork as African swine fever spreads in China’s hog herd and elsewhere, traders said. “The African swine fever news and talk was everywhere today,” said Dennis […] Read more

CBOT December 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn ends firm, farmer selling pares gains

By GFM Network News May 15, 2019
Chicago | Reuters — U.S. corn futures hit a six-week high on Wednesday on forecasts for rains in the Midwest crop belt that could signal further planting delays, but the market pared gains as the run-up in prices triggered a round of farmer selling, traders said. Wheat futures also ended nearly flat while soybeans closed […] Read more


ICE July 2019 canola with 20-, 50- and 100-day moving averages. (Barchart)
Canola, Crops, Markets

ICE weekly outlook: Canola looking for more support

By GFM Network News May 15, 2019
MarketsFarm — ICE canola futures moved higher during the week ended Wednesday as a rally in the Chicago Board of Trade soy complex provided support. Whether there’s more room to the upside remains to be seen. “It looks like we’ve maybe turned a corner,” said Wayne Palmer, senior market analyst with Exceed Grain in Winnipeg. […] Read more

CBOT July 2019 corn and (in green) July 2019 soybeans. (Barchart)
Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Factors come together to boost prices

By GFM Network News May 15, 2019
MarketsFarm — A combination of three factors have contributed to the bounce in prices at the Chicago Board of Trade, according to Rich Feltes of R.J. O’Brien in Chicago. “It’s the convergence of the middle of May, which is a critical time and the confirmation that planting is not only delayed, but it’s in for […] Read more


(Dave Bedard photo)
Crops, Hogs, Markets, Reuters

New Trump aid plan for U.S. farmers to rely on direct payments

By GFM Network News May 15, 2019
Washington | Reuters — The Trump administration’s second package of aid for U.S. farmers hit by the trade war with China is expected to have a similar structure to last year’s program, using direct payments and commodity purchases, industry sources briefed on the plan said. The U.S. Department of Agriculture is still finalizing the plan, […] Read more

CBOT July 2019 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets, Reuters

U.S. grains: Corn, soy rally as slow planting pace ignites short-covering

By GFM Network News May 14, 2019
Chicago | Reuters — U.S. corn futures climbed more than three per cent on Tuesday and soybeans bounced back from a decade low as planting delays in the Midwest crop belt sparked a round of short-covering, analysts said. Additional support stemmed from optimistic comments from Washington and Beijing that tempered concerns about a further escalation […] Read more


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