GFM Network News

U.S. grains: Soy down on China concern

U.S. soybean futures ended lower on Monday, on concerns that China soon may be shifting its soy buying to South America from the U.S., and on outlooks for better crop weather in South America. Corn held firm for the third consecutive trading session on short-covering and weather issues in Argentina, while wheat was lower on

U.S. grains: Canada’s big crop hits wheat

U.S. soybean futures were higher on Wednesday, reversing two days of declines, on technical buying despite prospects for a huge soy harvest in South America. “I don’t see any thing fundamental to this, it was technical with buy-stops hit and there also was buying of March $13.20 calls in options, which helped,” a trader said