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GFM Network News

  • Photo: Clinton Austin/Getty Images Plus

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

    6 hours ago
  • (Medioimages/Photodisc/Getty Images)

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

    7 hours ago
  • Alberta harvest wrapping up: report

    7 hours ago
More News →

Tag Archives USDA


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

U.S. grains: Wheat down on better weather, positioning ahead of USDA

By GFM Network News March 27, 2018
Chicago | Reuters — U.S. wheat futures declined on Tuesday as rains in the Southern Plains breadbasket boosted prospects for the region’s drought-hit winter wheat crop, analysts said. Soybean futures fell while corn closed flat in light volume ahead of key data due this week from the U.S. Department of Agriculture (USDA). The government was […] Read more

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

U.S. livestock: CME live cattle touch six-month low on big supply

By GFM Network News March 26, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle tumbled to a six-month low on Monday as a glut of animals at U.S. feedlots fueled concerns about plentiful beef supplies into the fall, traders said. The U.S. Department of Agriculture reported after Friday’s market close that ranchers had placed 7.3 per cent more cattle in […] Read more


(USDA.gov via Flickr)
Beef Cattle, Livestock, Markets, Reuters

U.S. cattle placements hit 16-year high for February

By GFM Network News March 23, 2018
Chicago | Reuters — Ranchers drove 7.3 per cent more cattle into U.S. feedlots in February than a year ago, the U.S. Department of Agriculture reported on Friday, the most for the month in 16 years. Persistent drought in the U.S. Plains withered winter wheat grazing pastures, which forced beef cattle into feedyards in states […] Read more

(Gloria Solano-Aguilar photo courtesy ARS/USDA)
Livestock, Markets, Reuters

U.S. livestock: Trade war risk slams CME hogs

By Reuters, GFM Network News March 22, 2018
Chicago | Reuters –– Chicago Mercantile Exchange lean hogs hit a four-month low on Thursday as U.S. stocks plummeted amid fears of a potential trade war between the U.S. and China, said traders. On Thursday U.S. President Donald Trump signed a presidential memorandum that could impose tariffs on up to $60 billion of imports from […] Read more


(Dave Bedard photo)
Canola, Crops, Markets

ICE weekly outlook: Canola futures linked to NAFTA

By GFM Network News March 21, 2018
CNS Canada — ICE Futures Canada canola contracts zigged and zagged around the $520 per tonne mark during the week ended Wednesday — but one analyst says the market could really take a turn if and when the future of the North American Free Trade Agreement is clarified. “The Canadian dollar is already moving to […] 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

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

U.S. livestock: Cash prices extend CME live cattle losses

By Reuters, GFM Network News March 21, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle fell on Wednesday for a fifth straight session, weighed down by a burdensome supply outlook and cash prices that fell short of expectations, traders said. A few investors adjusted positions in advance of the U.S. Department of Agriculture’s (USDA) monthly Cattle on Feed report on Friday. […] Read more


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

U.S. livestock: CME live cattle extend slide

By Reuters, GFM Network News March 20, 2018
Chicago | Reuters — Chicago Mercantile Exchange live cattle futures fell on Tuesday, extending their slide to four straight sessions on declining cash prices and expectations of rising cattle supplies in the next few months. Cash cattle traded lightly in Texas and Kansas, down $1 from last week’s trade, brokers said (all figures US$). “We […] 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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