Latest Newsletter

Tag Archives crude oil — page 11

CBOT March 2019 corn with 50-day moving average. (Barchart)
Crops, Markets

U.S. grains: Corn, soy, wheat end lower

By
Chicago | Reuters — U.S. corn and soybean futures ticked lower on Monday, pressured by broad declines in commodity and equity markets as well as improving forecasts for South American crop weather, traders said. Wheat followed the weaker trend. Chicago Board of Trade (CBOT) March corn futures settled down 1/2 cent at $3.79-3/4 per bushel […] Read more
CBOT December 2018 corn, with Decmeber 2018 wheat in purple. (Barchart)
Crops, Markets

U.S. grains: Corn, wheat follow broad commodities weakness

By
Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday, following broad declines in commodities led by sagging crude oil futures, analysts said. Wheat futures fell about two per cent, retreating after Monday’s short-covering rally, and soybeans were also lower. Chicago Board of Trade December corn settled down 4-3/4 cents […] Read more
(Photo courtesy Canada Beef Inc.)
Crops, Markets

U.S. grains: Wheat, soy fall on firmer dollar, rains

By ,
Chicago | Reuters — U.S. grains and oilseed futures fell on Wednesday, pressured by broad selling in commodities and equities as a firmer dollar prompted worries about export prospects for U.S. supplies, traders and analysts said. Wheat prices notched some of the biggest declines among agricultural products, dropping after rising slightly during the previous session. […] Read more
(Dave Bedard photo)
Crops, Machinery, Markets

Dwindling diesel supplies could boost price

By
CNS Canada — Strong global demand and a looming North American harvest could send diesel prices higher in coming months. According to one energy analyst in Chicago, farmers may want to buy some fuel before prices get too high. “We’re telling our people to hedge some of your exposure, because we do think that, barring […] Read more
(ImagineGolf/iStock/Getty Images)
Crops, Machinery, Markets

Crude oil and canola part company, for now

By
CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil have failed to lift canola. […] Read more
(Dave Bedard photo)
Machinery, Markets

Enjoy stable diesel market while you can, analyst says

By
CNS Canada — The short-term outlook for the diesel market in North America calls for current prices to remain largely untouched through spring planting — but it could change drastically after that. According to Tom Kloza of the Oil Price Information Service in New Jersey, prices for diesel could even get higher than crude oil. […] Read more
Crude oil bearishness seeps into canola market
Crops, Markets

Crude oil bearishness seeps into canola market

By
CNS Canada — The falling price of crude oil is a bearish force weighing on many agricultural commodities, including canola, according to a Prairie market analyst. “Crude oil has been a driver of this weakness,” said Errol Anderson, president of ProMarket Communications in Calgary. In the past month, crude oil dropped roughly US$9 per barrel […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast