GFM Network News


CBOT December 2021 wheat (candlesticks) with Bollinger bands (20,2). (Barchart)

U.S. grains: CBOT wheat up after mixed trade

Traders eye U.S. corn harvest results

Chicago | Reuters — Chicago Board of Trade wheat futures ended higher on Thursday after struggling for direction as traders assessed reduced harvest prospects in major exporting countries. Corn and soybean futures were little changed after topping two-week highs. Traders focused on global supply risks for wheat as Strategie Grains sharply lowered its projection for

CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Corn, soybeans climb

Wheat up on global supply concerns

Chicago | Reuters — Chicago corn futures climbed on Wednesday, supported by strength in the crude oil market and firming wheat futures. Wheat climbed as Russia joined France and Canada this week in reducing its production forecast for wheat at a time of strong global demand. Soybeans firmed, though gains were limited as canceled exports


CBOT December 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

U.S. grains: Wheat firms on global supply cuts

Corn inches higher as U.S. crop ratings decline

Chicago | Reuters — Chicago wheat futures firmed two per cent on Tuesday, strengthened by global supply concerns amid strong demand, while a weaker U.S. dollar supported U.S. trade. Corn inched higher after a weekly decline in U.S crop conditions reported by the U.S. Agriculture Department (USDA). Soybeans traded both sides of even before easing

CBOT September 2021 wheat (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and green lines). (Barchart)

U.S. grains: Wheat ends mixed, near 8-1/2-year high

Pro Farmer corn, soy tour begins in U.S.

Chicago | Reuters — Chicago Board of Trade wheat futures took a breather on Monday after setting 8-1/2-year highs last week on concerns about tightening supplies in exporting countries hit by harsh weather. Russian agriculture consultancy Sovecon trimmed its forecast for Russia’s crop by 0.3 per cent from last week in the latest estimated reduction

France bans crushing and gassing of male chicks from 2022

France will ban from next year the killing of male chicks by crushing or gassing, a practice denounced as barbaric by animal welfare groups, and will push for a similar measure at the European level, the agriculture minister said. Each year, 50 million male chicks are culled in this way, Julien Denormandie said in an


(Alkestida/iStock/Getty Images)

Durum markets reckon with weather

'There was no wiggle room for a crop problem'

MarketsFarm — The higher temperatures soared and the longer between rains in Western Canada, the lower the yield projections for most crops — and drought-tolerant durum wheat is no exception. With bids already elevated due to a downturn in potential new-crop supply, the price of durum could rise even higher. “There’s not a lot of

Winter rapeseed production in France is likely to fall below three million tonnes for the first time in 20 years.

France sees rebound in winter barley crop, rapeseed at 20-year low

Winter barley production in France is expected to rebound sharply this year on the back of above-average yields, but the rapeseed crop is seen shrinking to a 20-year low after a decline in area, the Farm Ministry said recently. In its first production forecasts for 2021, the ministry projected the winter barley crop at 7.74

France sees no easy fix for sugar beet disease without neonicotinoids

None of the alternatives to neonicotinoids for protecting sugar beet crops works well enough on its own, France’s health agency ANSES said June 2, as the country looks for ways to do without the chemical seen as harmful to bees. France suspended its ban on the use of neonicotinoids on sugar beet crops until 2023


French cereal crop ratings fall sharply after dry, cold spell

The condition of French wheat and barley declined sharply in the week to April 26, data from farm office FranceAgriMer showed on Friday, suggesting a growing impact from dry, cold weather this month. Most crops nonetheless remained in good shape and above year-earlier levels, the data showed. A dry spring so far in much of