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GFM Network News

  • Several beekeeping groups in Canada have been pushing for the border to reopen to American bulk packaged bees. Photo: File

    CFIA rejects beekeeper proposals on U.S. packaged bees

    1 day ago
  • Photo: Asikkk/Getty Images Plus

    U.S. livestock: Cattle futures fall hard, hogs mixed

    1 day ago
  • Alberta Crop Report: Scattered rains, crop conditions

    1 day ago
More News →

Tag Archives prices


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

U.S. grains: Bargain buying supports CBOT soybeans and corn after 3-year lows

Market keeps eye on South American weather

By Reuters, GFM Network News February 12, 2024
Chicago Board of Trade soybean futures firmed on Monday on bargain buying and a weaker U.S. dollar, but remained near multi-year lows as nearby contracts struggled to shake off technical resistance, traders said.

Photo: Scharfsinn86/Getty Images
Markets, Reuters

U.S. grains: Soybeans, corn stuck near 3-year lows on abundant supplies

Wheat futures higher on bargain buying, short covering

By Reuters, GFM Network News February 9, 2024
U.S. corn and soybean futures hovered near three-year lows on Friday as South American crop weather improved and forecasts called for plentiful supplies, but losses were limited by short covering ahead of the weekend.


(Photo courtesy Canada Beef Inc.)
Livestock, Markets

Feed grain weekly outlook: Ample supplies pushing down prices

Livestock feeders well covered with U.S. corn, pressuring prices

By GFM Network News February 8, 2024
Due to good supplies, prices for feed barley and wheat continued to slide back, according to Jim Beusekom of Market Place Commodities in Lethbridge, Alta.

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

U.S. grains: Soybeans turn higher, grains lower, on raft of government data

Falling Russian prices weigh over wheat futures; U.S. poised to regain title of top corn exporter

By Reuters, GFM Network News February 8, 2024
Chicago Board of Trade soybean futures ended the day higher on Thursday on a flurry of late-session buying, as the market struggled to gain clarity on the size of the Brazilian crop, traders said.


Photo: Getty Images
Markets, Reuters

U.S. grains: Corn, soybeans touch new multi-year lows on grain glut worries

Easing heat wave in Argentina tempers crop worries

By Reuters, GFM Network News February 7, 2024
Chicago corn prices dipped to a new three-year low on Wednesday, as weather charts showed a hot, dry spell in Argentina will give way to widespread rain in the coming days, traders said.

CBOT soybeans ZSH24 on Feb. 6 with Bollinger bands. (Barchart)
Markets, Reuters

U.S. grains: Soybeans firm on bargain-buying ahead of USDA report

Wheat futures rose while corn ended lower on forecasts for rain in Argentina

By Reuters, GFM Network News February 6, 2024
U.S. soybean futures firmed on Tuesday for a second straight session as short-covering and technical-buying fueled a bounce from multi-year lows a day earlier, though concerns about weak demand limited gains.


CBOT soybeans ZSH24 on Feb. 5. (Barchart)
Markets, Reuters

U.S. grains: Soybeans move higher on technical trading ahead of government reports

Strong dollar weighed heavy on wheat; corn pressured by sluggish exports

By Reuters, GFM Network News February 5, 2024
Chicago Board of Trade soybeans futures on Monday rose on technical trading ahead of a slew of key government crop reports, after the most-active contract Sv1 touched the lowest price since December of 2020, traders said.

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

U.S. grains: Soybeans slide on disappointing US export data; corn also down

Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes

By Julie Ingwersen, Reuters, GFM Network News February 1, 2024
U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.


(Medioimages/Photodisc/Getty Images)
Markets

CBOT weekly outlook: Downturn continues for grains

Early harvest reports from South America could affect prices

By GFM Network News February 1, 2024
March grain futures at the Chicago Board of Trade (CBOT) were in decline during the week ended Jan. 31 despite receiving a boost on Jan. 30.

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

U.S. grains: Wheat futures sag; corn, soybeans hover near multi-year lows

South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices

By Julie Ingwersen, Reuters, GFM Network News February 1, 2024
U.S. wheat futures fell on Wednesday on technical selling and spillover weakness from European wheat markets amid thin export demand, while corn and soybeans stabilized after setting multi-year lows a day earlier.


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