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  • Wheat near Stockholm, Saskatchewan in July, 2024. | Greg Berg photoAAFC has confirmed it will be cutting 665 jobs and closing seven research centres across Canada — moves that have drawn broad criticism from the industry. | Greg Berg photo

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Tag Archives corn futures


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat retreats after nearing six-week peak

By GFM Network News, Tom Polansek July 23, 2018
Chicago | Reuters — U.S. wheat futures pulled back on Monday after approaching a six-week high on concerns about dry weather eating into harvests in some of the world’s main exporting countries. Corn futures advanced for the sixth consecutive session to reach their highest prices in three weeks, while soybeans neared a two-week high before

(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat up on technical buying, export hopes

By GFM Network News, Tom Polansek July 20, 2018
Chicago | Reuters — U.S. wheat futures sailed to their highest prices in more than a month on Friday on technical buying and expectations for increased U.S. exports as poor crop weather hurts harvests in other countries. Corn and soybean futures each advanced for the fifth straight day. Traders focused on dry weather reducing harvest


(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Markets rise on corn export demand, crop worries

By GFM Network News, Tom Polansek July 19, 2018
Chicago | Reuters — U.S. grain futures rose on Thursday on strong demand for corn and worries that harvests may be smaller than expected due to unfavourable global weather. Soybean futures shook off early losses to end higher despite concerns about the ongoing trade battle with China, the world’s top buyer of the oilseed. Last

(Ablokhin/iStock Editorial/Getty Images)
Crops, Markets

CBOT weekly outlook: Soy and corn recover, but too early to call a bottom

By GFM Network News, Phil Franz-Warkentin July 18, 2018
CNS Canada — Soybean and corn futures at the Chicago Board of Trade recovered off of contract lows over the past week, but it’s still too early to say either commodity has found a bottom. “I’m looking for baby steps to confirm the bottom, and I haven’t seen anything of substance yet,” said Preston Zacharias,


Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets, Weather

U.S. grains: Markets set one-week highs on export hopes, weather woes

By GFM Network News, Tom Polansek July 18, 2018
Chicago | Reuters — U.S. grain and soybean futures touched their highest prices in about a week on Wednesday, as agricultural markets stabilized following recent drops to contract lows. Hopes for increased U.S. commodity export demand helped support soy prices after the market fell to a 10-year low on Monday amid widespread concerns about the

(VStock/Getty Images)
Crops, Markets

U.S. grains: Soy, corn rise on decline in crop conditions

By GFM Network News, Tom Polansek July 17, 2018
Chicago | Reuters — U.S. soybean and corn futures rose on Tuesday as lower-than-expected crop ratings and increased hopes for a resolution to the U.S.-China trade battle helped to extend a recovery from sharp losses last week. The markets advanced after the U.S. Department of Agriculture said on Monday that 69 per cent of the


(Scott Bauer photo courtesy ARS/USDA)
Crops, Markets

U.S. grains: Soy rises from 10-year low set on trade war

By GFM Network News, Tom Polansek July 16, 2018
Chicago | Reuters — U.S. soybean futures jumped on Monday after dropping to their lowest prices in a decade earlier in the session, as the U.S.-China trade dispute looms over agricultural markets. Technical buying helped soybeans to recover after the most-active contract lost more than five per cent last week, traders said. The trade dispute

(VBacarin/iStock/Getty Images)
Crops, Markets

U.S. grains: Soy sinks to new lows as trade war seen swelling supply

By GFM Network News, Karl Plume July 13, 2018
Chicago | Reuters — U.S. soybean futures slid to fresh lows on Friday and the most-active contract closed at the lowest in nearly a decade after a government report reinforced concerns that the trade dispute with China will dent exports and lead to a build-up in stocks. Corn futures followed soybeans lower, with additional pressure


Ripe soybeans near Morden, Man. on Sept. 14, 2017. (Allan Dawson photo)
Crops, Markets

U.S. grains: Soybeans bounce after hitting new lows on trade war fears

By GFM Network News, Karl Plume July 12, 2018
Chicago | Reuters — U.S. soybean futures fell to contract lows on Thursday after the U.S. Department of Agriculture said a trade war with China would curb exports and swell supplies, but the market clawed back those losses late in the session in a short-covering bounce. Corn rallied from earlier contract lows as USDA, in

(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soybeans end near decade low as trade war deepens

By GFM Network News, Karl Plume July 11, 2018
Chicago | Reuters — U.S. soybean futures dropped to contract lows on Wednesday and the most active contract closed at the lowest in nearly 10 years as an escalating trade war with China stoked worries about long-term export demand from the world’s top importer of the oilseed. Favourable crop weather in the U.S. Midwest weighed


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