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Daily Network News

  • Statements from the U.S. and Iran left uncertainty over how quickly shipping could resume. Photo: Getty Images Plus

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Tag Archives CBOT futures

Cereals, Markets

U.S. grains: soybeans down 1 per cent, corn narrowly lower

By GFM Network News, Michael Hirtzer October 30, 2014
Chicago / Reuters – U.S. soymeal futures fell 4 per cent on Thursday for their biggest daily losses since June as investors locked in profits after prices for the protein-rich animal feed soared to a seven-week high. Soybean futures shed more than 1 per cent, while corn edged lower following a spike in sales by U.S. farmers, who were harvesting

Crops, Markets

U.S. grains: Corn, soybeans and wheat up on spillover from soymeal

By GFM Network News, Michael Hirtzer October 29, 2014
Chicago / Reuters – U.S. soymeal surged 7 per cent on Wednesday, increasing this week’s gains to the largest in six years as a slow start to a record soybean harvest coupled with slow traffic on the nation’s railroads forced crushing plants to cover short cash positions in the futures market. Soybeans jumped nearly 3 per cent and corn


Crops, Markets

U.S. grains: Soy, corn higher but trim gains after short-covering surge

By GFM Network News, Michael Hirtzer October 28, 2014
Chicago | Reuters — U.S. soybean and corn futures surged to multi-month highs during a short-covering rally on Tuesday but trimmed their gains after the elevated prices sparked a round of selling by farmers. Soymeal futures that had jumped the most in four years on Monday, helping to fuel the rise in soybeans and corn,

(Lisa Guenther photo)
Crops, Markets

U.S. grains: Soybeans rise, corn hits one-month high on harvest delays

By GFM Network News, Julie Ingwersen October 14, 2014
Chicago | Reuters –– U.S. corn futures set a one-month high Tuesday and soybeans hit a three-week top on commercial demand amid harvest delays and slow farmer selling, coupled with chart-based buying, traders said. Corn peaked near the closing bell and posted the day’s biggest gains on a percentage basis, but soybeans had the highest


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