GFM Network News

GRAINS-Corn falls on forecasts of ideal harvest weather

SYDNEY, Oct 21 (Reuters) – U.S. corn futures fell on Tuesday as forecasts for dry weather fuelled expectations that harvesting would progress rapidly. FUNDAMENTALS * Chicago Board of Trade front-month corn fell 0.22 percent to $3.47-1/2 a bushel, having gained 0.1 percent in the previous session. * Front-month soybeans were unchanged at $9.44-1/4 a bushel,

U.S. Cash Grains-Corn basis eases as harvest advances

Oct 16 (Reuters) – Cash basis bids for corn weakened in the U.S. Midwest on Thursday as farmers prepared to speed up the pace of harvest after rain-related delays, grain merchants said. * Cash basis bids for soybeans held mostly steady. * Forecasts for warmer, drier weather in the Corn Belt fueled expectations that harvests