GFM Network News


CBOT July 2021 wheat (candlesticks) with MGEX July 2021 wheat (orange open/high/low/close) and K.C. July 2021 wheat (yellow OHLC). (Barchart)

U.S. grains: Wheat hits one-month low, soybeans three-week low

Chicago corn down on profit-taking

Chicago | Reuters — U.S. wheat futures fell on Friday, touching a one-month low on improving prospects for the crop in the U.S. Plains, traders said. Corn futures fell on a round of profit-taking after rising in three of the previous four sessions. Soybeans also closed lower, with concerns about demand outweighing a bargain-buying attempt […] Read more

Winter wheat grower Doug Martin has been trying a balanced fertility approach based on soil test recommendations on his farm.

How to break through the winter wheat yield ceiling

It takes a balanced fertility approach

Winter wheat yields in Manitoba over the past few years have been in the 60 to 70 bushel per acre range, but many varieties have a much higher yield potential — more than 100 bu/ac. What can western Canadian farmers do to break through that yield ceiling? Ducks Unlimited Canada (DUC) has a long association […] Read more


CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Profit taking pressures wheat, corn, soybeans

Warmer spell also drags on winter wheat futures

Chicago | Reuters — Chicago Board of Trade wheat futures slid 2.8 per cent on Friday, their second straight day of declines, on a profit-taking setback as warming weather in the U.S. reduced the threat of damage to the dormant crop, traders said. Corn and soybean futures also were weaker but closed well above session […] Read more

CBOT March 2021 wheat with Bollinger (20,2) bands. (Barchart)

U.S. grains: Wheat retreats after cold-weather rally

Corn, soy futures consolidate

Chicago | Reuters — U.S. wheat futures fell two per cent on Wednesday, retreating from a two-week high set in early moves, as concerns eased about cold-weather damage following a frigid weekend in the U.S. Plains, analysts said. Corn futures firmed slightly, consolidating below multi-year highs established last week, and soybean futures closed mixed. A […] Read more


CBOT March 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat climbs to one-week high on frigid U.S. weather

Corn, soy futures follow firm trend

Chicago | Reuters — U.S. wheat futures climbed to a one-week high on Tuesday, rising more than three per cent on fears that frigid temperatures in the bread basket of the U.S. Plains may have damaged winter wheat, analysts said. Corn and soybean futures followed the firm trend, with a strong U.S. soy-crushing pace and […] Read more

K.C. April 2021 hard red winter wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Weather worries push wheat futures higher

Soybeans firm, corn slips

Chicago | Reuters — U.S. wheat futures rose on Friday, supported by concerns that arctic temperatures in key growing areas could damage the dormant crop during the weekend, traders said. “Cold temperatures, chiefly domestically, lesser so abroad, will keep the wheat trade watching winterkill prospects over the weekend,” Matt Zeller, director of market information at […] Read more


CBOT March 2021 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Soybeans end lower, after rising on demand optimism

U.S. winter wheat threatened by cold weather

Chicago | Reuters — U.S. soybean futures ended lower on Friday after trading higher earlier on expectations of continued export demand eating into already tight U.S. stocks. Corn futures traded slightly lower as traders assessed mixed crop prospects in South America, while wheat ticked up slightly on fears of winterkill across the U.S. southern Plains […] Read more



CBOT March 2021 wheat (candlesticks) with K.C. (green line) and MGEX (orange line) March 2021 wheat. (Barchart)

U.S. grains: Wheat up on crop ratings

Corn drifts lower, soybeans down day after touching $12

Chicago | Reuters — Chicago wheat futures climbed to two-week highs on Tuesday as a surprise decline in winter wheat condition ratings raised concerns about supplies of the food grain, traders said, while corn futures ticked lower ahead of Thursday’s U.S. Thanksgiving holiday. Chicago Board of Trade March wheat futures settled up 13 cents at […] Read more

CBOT December 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn declines on long liquidation

Soybeans lower, wheat rallies

Chicago | Reuters — U.S. corn futures declined on Monday as funds scaled back long positions ahead of the U.S. presidential election, and forecasts called for optimal weather in the Midwest, where farmers are wrapping up the harvest of corn and soybeans, analysts said. Wheat futures turned higher, rallying on bargain-buying after a five-session slide. […] Read more