soyoil Archives - Page 4 of 12 - Canadian Cattlemen

ICE November 2022 canola (candlesticks, right column) with 20- and 50-day moving averages (yellow and green lines) and CBOT December 2022 soyoil (black line, left column). (Barchart)

ICE weekly outlook: Canola could take a nosedive

'I think (farmers) are undersold'

By Glen Hallick, GFM Network News August 17, 2022

MarketsFarm — A huge drop in canola prices could be looming, according to analyst Wayne Palmer of Exceed Grain in Winnipeg. Palmer pointed to Prairie farmers and said, “I think they are undersold.” He surmised too many farmers have held off from selling their canola, in hopes of getting a great price the next time […] Read more

ICE November 2022 canola (candlesticks, right column) with 20-day moving average (yellow line, right column), Euronext November 2022 rapeseed (black line, right column) and CBOT October 2022 soyoil (green line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola selloff shows signs of slowing

By Phil Franz-Warkentin, GFM Network News July 7, 2022

MarketsFarm — ICE Futures canola contracts fell to their lowest levels in five months in early July, but may be finally finding some support as the selloff shows signs of running out of steam. The most-active November contract dipped below the $800 per tonne level on Tuesday and Wednesday — but ended above that psychological […] Read more

Crops, Markets

CBOT weekly outlook: Fears over soy scarcity now gone

By Glen Hallick, GFM Network News June 22, 2022

MarketsFarm – Soyoil prices at the Chicago Board of Trade (CBOT) have been tumbling of late largely due to the markets no longer being afraid of already tight global supplies becoming scarcer, according to Sean Lusk of Walsh Commercial Hedging Services in Chicago, Ill. Lush explained that the South American soybean crop wasn’t as bountiful […] Read more

CBOT July 2022 soyoil (candlesticks, right column) with 20-day moving average (dark green line) and July 2022 soybeans (yellow line, left column). (Barchart)

Crops, Markets, Reuters

U.S. grains: Soyoil surges on Indonesia export ban

Soybean, corn futures sag on profit-taking

By Julie Ingwersen, GFM Network News April 22, 2022

Chicago | Reuters — U.S. soyoil futures surged to all-time highs on Friday after Indonesia blocked exports of palm oil, a competing vegetable oil, but soybean and corn futures fell on profit-taking ahead of the weekend. Wheat futures ended modestly lower after a choppy session as brokers weighed tightening global grain stocks against sluggish export […] Read more

File photo of fresh palm fruits and palm oil. (Slpu9945/iStock/Getty Images)

Crops, Markets, Reuters

Indonesia bans palm oil exports as global food inflation spikes

Government under pressure to control cooking oil prices

By Fransiska Nangoy, GFM Network News April 22, 2022

Jakarta | Reuters — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely used in products ranging from […] Read more

ICE Futures July 2022 canola (candlesticks) with 20- and 50-day moving averages (yellow and green lines) and November 2022 canola (black line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola seen as teetering, likely to tumble

'A lot of emotion and tension' in market

By Glen Hallick, GFM Network News April 13, 2022

MarketsFarm — ICE Futures canola values sit high atop a precipice, tittering toward a steep drop. One recourse for canola is to bank on prices for soyoil and soymeal on the Chicago Board of Trade (CBOT) to rise sharply in the near future — or take that step off its perch to what would be […] Read more

CBOT May 2022 corn (candlesticks) with 20- and 50-day moving averages (yellow and orange lines). (Barchart)

Crops, Markets, Reuters

U.S. grains: Corn nears 10-year high

Wheat, soy up as Ukraine still in focus

By Julie Ingwersen, GFM Network News April 13, 2022

Chicago | Reuters — U.S. corn futures hit their highest in nearly 10 years on Wednesday and wheat touched a three-week top on worries about tightening global grain supplies, the crisis in Ukraine and drought in the U.S. Plains, analysts said. Soybeans bounced, shaking off signs of slowing demand from top global buyer China, while […] Read more

Canola, Crops, Markets

ICE weekly outlook: Hard to say where canola is going

By Glen Hallick, GFM Network News December 30, 2021

MarketsFarm – There was a first for canola on Dec. 29, in that three contracts exceeded C$1,000 per tonne at the same time. In the sharp upswing during that Wednesday morning on the Intercontinental Exchange, the nearby January, March and May canola contracts respectively reached new highs with the former hitting the daily limit of […] Read more

ICE March 2022 canola (candlesticks) with November 2022 canola (yellow line, left column). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Holiday canola trading is anyone’s guess

By Glen Hallick, GFM Network News December 23, 2021

MarketsFarm — The canola trading week starting Tuesday (Dec. 28) will be a short one and Keith Ferley of RBC Dominion Securities said anything can happen. “I don’t know if we’re going to see that with computer trading. Volumes usually lighten up, but nothing is normal in this COVID world,” he cautioned. Canadian markets, including […] Read more

Crops, Markets

CBOT weekly outlook: Soybeans, corn enter holiday mode

By Phil Franz-Warkentin, GFM Network News December 16, 2021

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade are expected to hold relatively rangebound over the next few weeks, although year-end positioning and thinner holiday volumes could lead to some volatility. General unwinding of spreads and fund profit-taking were weighing on prices in mid-December, Sean Lusk of Walsh Trading in Chicago […] Read more

Daily Network News

U.S. grains: CBOT soybeans, corn, wheat fall in USDA data aftermath

U.S. livestock: Cattle, hog futures rise on first WASDE since September

U.S. export sales include only small soybean business to China

Tag Archives soyoil

ICE weekly outlook: Canola could take a nosedive

ICE weekly outlook: Canola selloff shows signs of slowing

CBOT weekly outlook: Fears over soy scarcity now gone

U.S. grains: Soyoil surges on Indonesia export ban

Indonesia bans palm oil exports as global food inflation spikes

ICE weekly outlook: Canola seen as teetering, likely to tumble

U.S. grains: Corn nears 10-year high

ICE weekly outlook: Hard to say where canola is going

ICE weekly outlook: Holiday canola trading is anyone’s guess

CBOT weekly outlook: Soybeans, corn enter holiday mode

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