GFM Network News


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

U.S. grains: Corn mixed on continued liquidation, tight supply

Soybeans slide on profit-taking; wheat up as U.S. dryness expands

Chicago | Reuters — U.S. corn futures ended mixed on Thursday as traders took profits following a strong run-up in the market, while global supply concerns offered support. Soybeans slipped as soyoil stepped back from recent highs, while wheat ticked higher as dryness expands across the U.S. Great Plains. The most-active corn futures on the

CBOT May 2021 corn (candlesticks) with 20- and 40-day moving averages (yellow and orange lines). (Barchart)

U.S. grains: Corn, soy climb to multi-year highs

Tight supplies, weather woes supportive; wheat also up

Chicago | Reuters — U.S. corn and soybean futures climbed to multi-year highs on Wednesday, supported by firm cash markets as old-crop supplies dwindle and weather issues threaten prospects for the 2021 harvests, analysts said. Wheat futures also rose, drawing additional support from frosty temperatures in the Plains and Midwest. Chicago Board of Trade May


CBOT May 2021 corn (candlesticks) with 20-day moving average (yellow line) and December 2021 corn (orange line). (Barchart)

U.S. grains: Corn up on weather outlook, weaker dollar

CBOT May wheat down, K.C. May wheat up

Chicago | Reuters — U.S. corn futures rose on Monday, flirting with multi-year highs set last week, as forecasts for frosty weather and precipitation raised concerns about the pace of planting and germination, analysts said. A weaker dollar lent support, theoretically making U.S. grains more competitive globally. Soybeans followed corn higher, but wheat was choppy,

CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn futures retreat from peak above $6

Wheat, soybean futures rise

Chicago | Reuters — U.S. corn futures closed mixed on Thursday, with the most-active contract easing on pressure from commercial hedging after spiking above US$6 a bushel for the first time since June 2013 during overnight trading. But concerns about seeding delays due to cold weather in the U.S. Midwest lifted new-crop corn contracts. Weather

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

U.S. grains: Futures rally on weather concerns

Wheat futures book biggest increases

Chicago | Reuters — U.S. wheat, corn and soybean futures rallied on Wednesday, supported by concerns that a cold snap in the U.S. Midwest and Plains could hamper crop development, traders said. Chicago Board of Trade corn gained 2.4 per cent to hit its highest since June 2013. Wheat futures posted the biggest increases, with


CBOT May 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages and November 2021 soybeans (blue line). (Barchart)

U.S. grains: Soybeans rise on tight near-term supply

CBOT corn mixed, wheat lower

Chicago | Reuters — Chicago soybean futures gained on Tuesday as traders assessed the impact of a lower-than-expected U.S. plantings forecast and a rain-delayed harvest in Brazil on ever-tightening supplies of the oilseed. Corn futures were mixed, with old-crop contracts rising slightly as investors adjusted positions ahead of a monthly U.S. Department of Agriculture world

CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans follow veg oils lower

Corn, wheat gain after selloff

Chicago | Reuters — Chicago soybean futures slid on Friday, pressured by declines in soyoil and funds squaring positions ahead of the U.S. Department of Agriculture’s grain stocks and planting intentions reports due March 31, traders said. Corn and wheat rebounded from prior day losses, but failed to end the week higher. The most-active soybean

CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Wheat hits three-month low on supply prospects

CBOT soybeans, corn also decline

Chicago | Reuters — U.S. wheat futures fell to their lowest level of 2021 on Thursday, pressured by improving global production prospects and a firmer dollar, which tends to make U.S. grains less competitive globally, analysts said. Corn and soybean futures also eased, following broad declines in commodities along with position-squaring ahead of key U.S.


CBOT May 2021 soybeans with Bollinger (20,2) bands. (Barchart)

U.S. grains: Soybeans slide on slowing exports, Argentina rains

USDA confirms more U.S. corn sales to China

Chicago | Reuters — U.S. soybean futures retreated on Wednesday on slowing export sales as global demand shifts to South American supplies and as U.S. farmers prepare to dramatically increase plantings of the oilseed this spring. Corn futures were mixed, with the nearby contract firming as strong sales to China stoked concerns about tightening supplies.

CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)

U.S. grains: Corn futures rally on export strength

Chicago wheat, soybeans rise

Chicago | Reuters — U.S. corn futures rose 1.9 per cent to a one-week high on Monday, recovering from overnight weakness after a U.S. government report showed that export demand for the grain remained high. Soybean and wheat futures also were firm after trading in negative territory during the overnight session. A weekly U.S. Agriculture