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GFM Network News

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Tag Archives futures


Photo: File
Livestock, Markets

Klassen: Feeder market recovers from weather discount

By Jerry Klassen April 23, 2024
Compared to last week, backgrounded yearlings traded $4-$8/cwt higher on average. Calves were quite variable with prices quoted from unchanged to as much as $10 higher. Overall, there appeared to be stronger buying interest this week across all weight categories.

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

U.S. grains: Wheat futures rally as weather risks rattle markets

By Reuters April 22, 2024
U.S. wheat futures rallied to their highest point in more than two months before the session closed on Monday as crop weather concerns in the Northern Hemisphere supported prices and triggered technical buying and short covering, which accelerated the climb, analysts said.


Photo: JJ Gouin/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Soy, corn futures rally on bargain buying, geopolitical tensions

By Reuters, GFM Network News April 19, 2024
U.S. corn and soybean prices rose on Friday as heightened geopolitical tensions spurred a round of bargain buying after the benchmark contracts in both markets fell to their lowest levels in more than six weeks, traders said.

Photo: Canada Beef Inc.
Markets, Reuters

U.S. livestock: Live cattle end higher ahead of monthly USDA data

By Julie Ingwersen, Reuters, GFM Network News April 18, 2024
Chicago Mercantile Exchange live cattle futures ended modestly higher on Thursday as traders squared positions ahead of a monthly feedlot report due on Friday from the U.S. Department of Agriculture (USDA), traders said.


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Soybeans fall on South American supply, dry weather supports wheat

By Reuters, GFM Network News April 18, 2024
U.S. soybean and corn futures closed lower on Thursday after touching six-week lows, with both markets facing pressure from hefty South American supplies, traders said.

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

U.S. grains: Soybeans edge higher as Brazilian market firms

By Reuters, GFM Network News April 17, 2024
U.S. soybean futures rose on Wednesday, bouncing on a round of bargain buying after the most-active July contract SN24 hit a six-week low, buoyed in part by firming Brazilian soy markets, analysts said.


(Photo courtesy Canada Beef Inc.)
Markets, Reuters

U.S. livestock: Live cattle extend recovery

By Reuters, Tom Polansek, GFM Network News April 16, 2024
Chicago Mercantile Exchange live cattle futures closed higher for a second consecutive session on Tuesday as the market extended a recovery from oversold conditions, analysts said.

Photo: Getty Images
Markets, Reuters

U.S. grains: Soybeans ease under pressure from firm dollar

By Reuters, GFM Network News April 16, 2024
Chicago Board of Trade soybean futures extended their fall on Tuesday as a strong dollar weighed down the market, analysts said.


(Sierrarat/iStock/Getty Images)
Livestock, Markets

Klassen: Adverse weather weighs on Western Canadian feeder market

By Jerry Klassen, GFM Network News April 16, 2024
Southern Alberta has received over 200 percent of normal precipitation over the past 30 days. Pen conditions are rated poor to very poor in the main feeding pockets of Alberta. Saskatchewan and Manitoba have received less than 40 per cent of normal while Central Alberta has normal to below normal precipitation.

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

U.S. grains: Markets react calmly to Iran drone attack on Israel

Grain, soy futures end lower; USDA winter wheat ratings decline

By Reuters, GFM Network News April 15, 2024
CBOT soy, corn and wheat futures closed lower on Monday, anchored by ample grain supplies, slow export demand and a decline in crude oil futures after concerns eased about Iran's weekend drone attack on Israel, analysts said.


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