GFM Network News


U.S. grains: Wheat, soy fall on firmer dollar, rains

Chicago | Reuters — U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for U.S. supplies, traders and analysts said. Wheat prices notched some of the biggest declines among agricultural products, dropping after rising slightly during the previous session.

Oil and corn go to war

The two industries are touting duelling studies on future of U.S. biofuel program

Big oil and big corn are squaring off with opposing studies on proposed biofuels policy reforms under consideration by the Trump administration, part of an ongoing clash between the two sides over the future of the program. Valero Energy Corp., a major oil refiner, funded a study by Charles River Associates that supports placing a