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Tag Archives South America


(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soybeans, corn drop as wheat edges higher

By GFM Network News, Mark Weinraub April 18, 2017
Chicago | Reuters — U.S. soybean futures fell on Tuesday for the second day in a row, hitting a one-week low as traders locked in profits from last week’s rally. Corn futures sank 1.4 per cent, as the latest weather outlook called for dry conditions in the Midwest that will allow farmers to pick up

(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soy weakens, corn gains ahead of USDA report

By GFM Network News, Michael Hirtzer March 29, 2017
Chicago | Reuters — U.S. soybean futures closed lower on Wednesday, while corn and wheat prices edged higher as investors squared positions ahead of U.S. Department of Agriculture plantings and grain stocks data on Friday, traders and analysts said. Soybean futures fell to the lowest levels since October and corn and wheat each held above


Between the Rows: Tech, teaching and tonnage
Crops, Markets

Between the Rows: Tech, teaching and tonnage

By GFM Network News, Manitoba Co-operator Staff March 23, 2017
It’s no secret that technology companies have placing agriculture-related bets in recent years, but their total investment in startups is down from its 2015 peak. Has Silicon Valley cooled on agriculture or will it keep pushing at what some describe as tech’s “last frontier?” On this week’s episode of Glacier FarmMedia’s new podcast Between the

Crops, Markets

CBOT weekly outlook: Soy, corn set to move sideways to lower

By GFM Network News, Jade Markus March 15, 2017
CNS Canada — As South American supplies put pressure on corn and soybean futures at the Chicago Board of Trade, investors are watching key technical levels in both markets. Soybeans — Soybean values at the Chicago Board of Trade (CBOT) are likely to trend sideways to lower, said Terry Reilly, senior commodity analyst at Futures


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

U.S. grains: Soy at three-week low on South America crops

By GFM Network News, Julie Ingwersen February 22, 2017
Chicago | Reuters — U.S. soybean futures fell to a three-week low on Wednesday and posted a fourth straight daily decline on strong South American harvest prospects and a lack of supportive news, analysts said. Corn and wheat futures closed higher as traders awaited direction from a U.S. Department of Agriculture forum this week in

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Argentine flood fears underpin corn, soy

By Dave Sims, GFM Network News February 15, 2017
CNS Canada — Weather concerns in South America continue to dominate the attention of many traders, despite the fact growing conditions for corn and soybeans have generally been favourable in Brazil over the past week. “It’s been good in Brazil but Argentina has had issues with flooding,” said Ted Seifried of Zaner Group in Chicago.


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

U.S. grains: Soy futures rally, corn hits 7-1/2 month peak

By GFM Network News, Mark Weinraub February 15, 2017
Chicago | Reuters — Chicago Board of Trade soybean, corn and wheat futures firmed on Wednesday, recovering from weakness in the overnight trading session on a round of technical buying, traders said. Corn futures staked out a fresh top, peaking at its highest since June 30 while wheat was trending near the 7-1/2 month high

(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: South American weather still key for soy, corn

By GFM Network News, Phil Franz-Warkentin February 8, 2017
CNS Canada — South American weather uncertainty is lending underlying support to soybean and corn futures at the Chicago Board of Trade, with speculators likely to remain on the long side until production issues are more clearly sorted out, according to an analyst. “The funds don’t want to give up the ship, and there’s enough


(Lisa Guenther photo)
Crops, Markets

CBOT weekly outlook: Soy, corn expected to move steady to lower

By GFM Network News, Jade Markus February 1, 2017
CNS Canada –– Despite a divergence in the two markets on the week, Chicago Board of Trade soybeans and corn are expected to shift back into step, moving sideways to lower in short-term trade, one U.S. analyst says. Improving South American weather is likely to keep a lid on soybeans, said Terry Reilly, senior commodity

A gaucho drives a carriage through the pampas (lowland plains), a primary farming and ranching region of Argentina. (CIA.gov)
Crops, Markets

U.S. grains: Soy up for fourth session on Argentina crop concerns

By GFM Network News, Julie Ingwersen, Renita D. Young January 18, 2017
Chicago | Reuters –– U.S. soybean futures rose on Wednesday for a fourth straight session, notching a six-month high on worries that recent heavy rains could damage crops in Argentina. Wheat and corn closed lower on a round of profit-taking after multi-month highs. Chicago Board of Trade March soybeans settled up 5-3/4 cents at $10.75


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