Palm oil Archives - Page 3 of 5

CBOT May 2021 soybeans (candlesticks) with Bollinger bands (20,2) and CBOT July 2021 soyoil (dark green line). (Barchart)

U.S. grains: Soybean futures drop as soyoil crumbles

Corn, wheat futures also weak

By Mark Weinraub, GFM Network News April 12, 2021

Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Monday, led lower by the soyoil market’s decline to its lowest in nearly six weeks on bearish data about palm oil supplies, traders said. “The bean oil led the beans up and it looks like they are going to lead them down,” said […] Read more

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

Crops, Markets, Reuters

U.S. grains: Storms forecast for Plains drive wheat to one-month low

Corn up, soybeans down, soymeal drops

By Julie Ingwersen, GFM Network News March 12, 2021

Chicago | Reuters — U.S. wheat futures extended losses on Friday, touching a one-month low as rain and snow forecast for dry parts of the U.S. Plains improved production prospects, analysts said. Soybean futures finished narrowly mixed, caught between surging soyoil futures amid tightening world vegetable oil supplies, and slowing demand for soymeal, a hog […] Read more

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

Crops, Markets, Reuters

U.S. grains: Wheat down on forecasts for Plains moisture

CBOT soybeans and corn both end higher

By Julie Ingwersen, GFM Network News March 11, 2021

Chicago | Reuters — U.S. wheat futures fell to a one-month low on Thursday, pressured by forecasts for welcome moisture in the southern U.S. Plains crop belt that should boost wheat production prospects, traders said. But soybean and corn futures ended higher, supported by South American supply worries and soaring global vegetable oil prices. Chicago […] Read more

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

Corn, Crops, Markets, Soybeans

CBOT weekly outlook: Corn is the leader

By GFM Network News January 27, 2021

MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker with Allendale Inc. in Fort McHenry, Ill. Ettner said he also expects the situation is very likely to continue, barring any kind of a major […] Read more

Canola, Crops, Soybeans

Cream of Wheat maker to buy Crisco line from Smucker

Shortening, cooking oil brand goes to B+G Foods

By Dave Bedard, GFM Network News October 27, 2020

The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes […] Read more

ICE January 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages plus CBOT January 2021 soybeans (blue line). (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola rebounds on U.S. futures support

By GFM Network News September 30, 2020

MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived from two new reports from the U.S. Department of Agriculture (USDA). The report on grain stocks as of Sept. 1 noted declines in wheat, corn […] Read more

ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Canola could break out of range

By GFM Network News January 2, 2020

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago Board of Trade. Soyoil has […] Read more

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

Crops, Markets

Palm oil 101: Sought-after crop holds sway over oilseed trade

By GFM Network News December 31, 2019

MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed markets makes it an important factor to watch when considering canola prices. Indonesia and Malaysia are the world’s largest producers of the crop, with futures […] Read more

CBOT January 2020 soybeans with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets, Reuters

U.S. grains: Soybean futures set two-week high

By GFM Network News December 9, 2019

Chicago | Reuters — U.S. soybean futures rose for a fifth straight session to their highest in two weeks as Chinese importers on Monday bought at least five bulk cargo shipments of the oilseed from the United States, or about 300,000 tonnes, traders said. A rally to four-week highs in soyoil futures helped support the […] Read more

ICE Futures January 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

Canola, Crops, Markets

ICE weekly outlook: Palm oil shortage leads to canola rally

By GFM Network News November 20, 2019

MarketsFarm — As Malaysian palm oil continues to increase in price due a shortage, it has led to a rally in canola on ICE Futures, said Wayne Palmer of Exceed Grain in Winnipeg. The shortage stems from dry conditions in Indonesia and Malaysia, the world’s top two palm oil producers. While the dryness has been […] Read more

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

Entomologist tests trap crops and marigolds to repel flea beetles at an Ag in Motion

GFM Network News

U.S. grains: Corn rebounds from contract lows on short covering, bargain buying

U.S. livestock: Cattle futures come down from highs

Entomologist tests trap crops and marigolds to repel flea beetles at an Ag in Motion

Tag Archives Palm oil

U.S. grains: Soybean futures drop as soyoil crumbles

U.S. grains: Storms forecast for Plains drive wheat to one-month low

U.S. grains: Wheat down on forecasts for Plains moisture

CBOT weekly outlook: Corn is the leader

Cream of Wheat maker to buy Crisco line from Smucker

ICE weekly outlook: Canola rebounds on U.S. futures support

ICE weekly outlook: Canola could break out of range

Palm oil 101: Sought-after crop holds sway over oilseed trade

U.S. grains: Soybean futures set two-week high

ICE weekly outlook: Palm oil shortage leads to canola rally

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