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GFM Network News

  • Mexico sees 32 per cent jump in flesh-eating screwworm cases since August as cases move north

    Mexico sees 32 per cent jump in flesh-eating screwworm cases since August as cases move north

    30 minutes ago
  • Photo: iStock

    New Pulse Variety Hub launched in Saskatchewan

    31 minutes ago
  • Prairie forecast: Transition from warm to cool brings chances for rain

    5 hours ago
More News →

Tag Archives corn


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

U.S. grains: Soybeans rise in technical rebound; corn ends firm, wheat flat

Gains limited by sizable South American crops; doubts over Chinese demand hangs over market

By Reuters, GFM Network News January 23, 2024
U.S. soybean futures Sv1 rose for a second straight session on Tuesday on technical buying and short covering after notching multi-year lows last week, although lacklustre demand and improved crop weather in top exporter Brazil limited gains.

CBOT soybeans ZSH24 on Jan. 22 with 20 and 50-day moving averages (Barchart)
Markets, Reuters

U.S. grains: Soybeans rise, led by soyoil and crude oil; wheat up, corn choppy

Crude oil futures rose almost 2 per cent on supply disruptions, supporting soy

By Julie Ingwersen, Reuters, GFM Network News January 22, 2024
U.S. soybean futures climbed on Monday as soyoil futures jumped 2.7 per cent on short-covering and strength in crude oil, traders said.


CBOT corn ZCH24 on Jan. 19 with 20, 50 and 100-day moving averages. (Barchart)
Markets, Reuters

U.S. grains: Corn futures decline for sixth week in a row

Short-covering, positioning and U.S. export demand advance corn and wheat Friday

By Reuters, Tom Polansek, GFM Network News January 19, 2024
U.S. corn futures lost ground for the sixth consecutive week and soybean futures declined the fifth week in a row after expectations for plentiful supplies pushed the markets to multi-year lows on Thursday.

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.

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.


Photo: iStock/Getty Images.
Markets

CBOT weekly outlook: USDA estimates, weather pulling prices down

Shipping costs due to re-routing away from embattled Red Sea also affecting markets 

By GFM Network News January 17, 2024
Corn and soybean contracts hit new lows, while wheat saw its weakest prices in nearly two months on the Chicago Board of Trade (CBOT) during the week ended Jan. 17. 

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.


Corn ZCH24 on Jan. 12 with 20-day moving average. (Barchart)
Markets, Reuters

U.S. grains: Corn plunges on robust supplies, sluggish US demand

Soybeans fell to lowest price in 26 months on larger Brazilian crops, U.S. yield

By Reuters, GFM Network News January 12, 2024
Chicago corn futures plunged to a three-year low on Friday after the U.S. Department of Agriculture reported that U.S. corn stocks swelled to their highest levels since 2018

(RGtimeline/iStock/Getty Images)
Markets, Reuters

US corn stocks swell as world recovers from tighter supplies

Global corn ending stocks are projected to hit a six-year high in 2023/34

By Reuters, Tom Polansek, GFM Network News January 12, 2024
U.S. corn inventories last month swelled to their largest level since 2018, the U.S. Department of Agriculture said on Friday, as global supplies recover from multi-year lows.


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