GFM Network News


CBOT July 2021 corn (candlesticks) with 20-day moving average (dark green line) and December 2021 corn (yellow line). (Barchart)

U.S. grains: Corn futures pierce eight-year peak

Soy rallies on supply worries

Chicago | Reuters — Chicago Board of Trade corn futures extended a rally above eight-year highs on Thursday as dry weather threatened harvest yields in major exporter Brazil and kept traders’ focus on ebbing global supplies. Soybeans approached an 8-1/2-year peak reached last week, buoyed by rallying vegetable oil prices, and wheat was also higher.

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

U.S. grains: Corn hits eight-year high

Soybean, wheat markets slump

Chicago | Reuters — Chicago Board of Trade corn futures hit their highest price since March 2013 on Monday on strong demand for limited U.S. supplies and concerns over dry weather hurting output in Brazil. Traders continue to focus on tightening global inventories as U.S. farmers plant corn and soy for the autumn harvest, rather


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

U.S. grains: Corn, wheat, soybeans ease on profit-taking

Focus on weather as corn, soy stocks ebb

Chicago | Reuters — Chicago corn, wheat and soybean futures eased on Wednesday on profit-taking after climbing in earlier trading as traders assessed weather risks to crops in Brazil and the U.S. The most-active corn contract on the Chicago Board of Trade (CBOT) lost 10-1/2 cents to $6.44 per bushel, while the nearby May contract


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

U.S. grains: Corn, wheat, soy step back after reaching new eight-year highs

Wheat at highest since February 2013 after U.S. crop rating fall

Chicago | Reuters — Chicago corn, wheat and soybean futures ended Tuesday lower after extending a rally to eight-year highs, supported by corn supply worries as adverse weather cast early doubts over harvest prospects in top exporters Brazil and the United States. A sharp decline in weekly U.S. wheat crop ratings also kept the focus

Fertilizing tips for dry soil if you didn’t apply last fall

Fertilizing tips for dry soil if you didn’t apply last fall

One option is safe amounts with the seed and topping up later if the crop looks good

Dry soils increase the risk of in-row fertilizer damaging early plant stands, but there are things farmers can do to make it safer, says John Heard, a soil fertility specialist with Manitoba Agriculture and Resource Development (MARD). “We like to take as much nitrogen and sulphur out of the seed row as possible in order

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


(iStock photo)

Pulse weekly outlook: Slight increase in lentil acres likely

Increase 'won't be as big as people think'

MarketsFarm — Lentil acres are likely to increase slightly when farmers take to planting this spring, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The pulse industry will get a better idea of what will be going into the ground over the coming weeks on April 27, when Statistics Canada releases its

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,