GFM Network News


U.S. grains: South American supply issues wane

Soy up, but off early gains; corn boosted by export demand

Chicago | Reuters — Chicago soybeans ended the session slightly up after a three-session losing streak on Thursday, but larger early gains were erased as rains across South America eased supply worries. Corn prices firmed, supported by fresh demand amid tightening global supplies, while wheat fell on a lack of fresh export news. The Chicago



U.S. grains: Soybeans fall, pressured by fund selling

Brazil, Argentina showers ease soy, corn supply concerns

Chicago | Reuters — Chicago soybean futures fell on Wednesday, touching their lowest in more than a week, pressured by technical selling combined with rains across South America, which eased supply concerns. Corn followed, also pressured by beneficial South American rains, while wheat ended lower, but was supported by export optimism. The Chicago Board of

A photo taken Dec. 4 illustrates drought-affected crops in the Argentine province of Corrientes. The region is in the grip of the most intense drought in nearly 20 years.

Dry weather hits Argentine crops, soy markets in rationing mode

Weather woes and accelerating purchases by big buyers like China are boosting the market

Grains powerhouse Argentina is suffering a rainfall deficit of 150 to 300 millimetres with forecasts promising less moisture than necessary to fully refresh parched soy and cornfields, weather experts said recently as worry persisted about yield losses. Months of hot, dry weather have put the country’s two main cash crops at risk. Argentina is the



U.S. grains: CBOT corn touches 7-1/2-year high

Chicago wheat, soybeans down on profit-taking

Chicago | Reuters — U.S. corn futures rose 1.4 per cent on Wednesday, hitting a 7-1/2-year high with the market focused on prospects for tight global supplies after the U.S. Department of Agriculture cut production estimates for the U.S., Brazil and Argentina. “The number on corn was a game changer yesterday,” said Dan Smith, senior

Argentina lifts corn export ban

Export suspension to be replaced with 30,000-tonne sales cap

Buenos Aires | Reuters — Argentina has lifted a suspension on corn exports announced in December and will opt instead for a temporary 30,000-tonne daily cap on sales abroad, its agriculture ministry said on Monday, backing off the more restrictive measure that had infuriated farmers in the South American grains powerhouse. The world’s No. 3

Argentina ‘evaluating’ corn export suspension

Move meant to boost domestic food supplies

Buenos Aires | Reuters — Argentina’s government said on Thursday it would review its decision to temporarily suspend corn exports after a meeting between the farming minister and the leaders of the country’s main agricultural associations. The agriculture ministry said in a statement that agreements had been struck to guarantee the domestic supply of corn