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GFM Network News

  • Photo: Getty Images Plus

    U.S. livestock: CME cattle futures rise on expectations of tight supplies

    2 days ago
  • Photo: JHVEPhoto/Getty Images Plus

    U.S. grains: Chicago soybeans fall, but achieve first annual gain in three years

    2 days ago
  • ICE Canada Weekly: Canola unlikely to have a good start to 2026

    2 days ago
More News →

Tag Archives USDA


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

U.S. grains: Soybeans and corn rise on bargain-buying after sharp falls

Brazil soy harvest running ahead of schedule compared to last year

By Reuters, GFM Network News March 4, 2024
U.S. soybean and corn futures rose on Monday on bargain buying and short-covering after hitting three-year lows recently, but plentiful supply from South America limited gains, analysts said.

Photo: iStock/Getty Images
Markets, Reuters

U.S. grains: Soybeans off 3-year low, but gain limited by global supplies

Slowing Chinese demand also weighs on prices

By Reuters, GFM Network News March 1, 2024
Chicago Board of Trade (CBOT) soybean futures turned higher on Friday on signs of bargain buying and short-covering, after hitting three-year lows the previous day, although sluggish exports and hefty global supplies continue to weigh on prices, traders said.


Ed Usset, grain marketing economist from the University of Minnesota, addresses the 2024 Commodity Classic. Photo: Sean Pratt
General

Commodity Classic day one: Farmers concerned about EPA’s herbicide strategy

Farm bill, USDA crop forecasts on American farmers' minds at the Houston farm show

By GFM Network News March 1, 2024
Day one of the 2024 Commodity Classic is in the books and a few interesting themes emerged from the annual gathering of U.S. corn, soybean, wheat and sorghum growers.

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

U.S. grains: Soybeans dip to new 3-year low in volatile trading day

Weekly soybean exports on lower end of expectations -USDA

By Reuters, GFM Network News February 29, 2024
Chicago Board of Trade soybean futures dipped on Thursday to a new three-year low, pressured by improving South American weather, tepid U.S. export sales and heavier-than-expected contract deliveries, traders said.


(Photo courtesy Canada Beef Inc.)
Markets

Feed barley stuck in downtrend

Canada has imported 564,900 tonnes of U.S. corn since Sept. 1

By GFM Network News February 29, 2024
The Western Canadian feed market remains under pressure, with barley bids stuck in a steady downtrend.

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

U.S. grains: Soybean futures rise from three-year low

Corn extends recovery; wheat futures fell

By Reuters, Tom Polansek, GFM Network News February 28, 2024
Chicago Board of Trade soybean futures settled higher on short-covering and technical buying on Wednesday as the market rebounded after the front-month contract matched a three-year low, analysts said.


Photo: Fotokostic/iStock/Getty Images Plus
Markets, Reuters

U.S. grains: Corn extends bounce from three-year lows on bargain buying

Soybean futures backpedal from early advances

By Reuters, Tom Polansek, GFM Network News February 27, 2024
Chicago | Reuters -- Chicago Board of Trade corn futures rose for a second consecutive session on Tuesday, extending a slight recovery from their lowest levels in more than three years.

(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Corn, soy rise in turnaround from 3-year lows in nearby futures

US grain exports face competition from South America

By Reuters, Tom Polansek, GFM Network News February 26, 2024
Chicago | Reuters -- U.S. corn and soybean futures bounced on short-covering on Monday, after large supplies earlier knocked nearby contracts to their lowest levels in more than three years, traders said.


Photo: Thinkstock
Markets, Reuters

U.S. grains: Corn and soybeans slump on supply glut, export competition

Wheat futures weaken as U.S. files sanctions against Russia

By Reuters, GFM Network News February 23, 2024
Chicago Board of Trade corn futures on Friday dipped below $4 per bushel in the front-month contract Cc1 for the first time since November 2020, as hefty U.S. and global supplies weighed over the market.

(Sierrarat/iStock/Getty Images)
General, Livestock

Canadian cattle herd reaches lowest level since 1989

Cattle weights supporting decline in production

By Geralyn Wichers, GFM Network News February 23, 2024
On January 1, Canadian farmers held 11.1 million cattle and calves on farms, down 2.1 per cent from a year prior, StatCan said in livestock estimates released today. It's the smallest cattle herd since January 1, 1989. 


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