Chatham, Ont. — Most underpinnings for higher corn, soybean and wheat prices appear to have fallen away — leaving biodiesel the only area that could drive higher prices. A growth […] Read more
Tag Archives crude oil
Corn/soy price ratio favours soybean acres, analyst says
Diesel prices to start edging up in 2017
Commodity News Service Canada – An improving U.S. economy and a global deal to limit oil production should give diesel prices a boost in the coming year. “We’ve been blessed […] Read more
U.S. grains: Soy falls on position squaring
Chicago | Reuters — U.S. soybean futures fell on Wednesday in the second straight day of declines as investors evened out positions and locked in profits from monthly gains, traders […] Read more
U.S. grains: Soy snaps winning streak
Chicago | Reuters — U.S. soybean futures fell 1.2 per cent on Tuesday, pulling back from a 4-1/2 month high on a round of profit-taking, as well as pressure from […] Read more
Baltic Dry Index hits highest levels in nearly two years
CNS Canada — The Baltic Dry Index has posted sharp gains over the past month, rising to its highest levels in nearly two years. The BDI settled at 1,257 points […] Read more
U.S. grains: Corn and wheat up as crude oil soars
Chicago | Reuters — U.S. corn and wheat prices each rose more than one per cent on Tuesday as strength in crude oil helped the broader commodities sector rebound from […] Read more
U.S. grains: Corn, soy, wheat retreat as U.S. dollar strengthens
Chicago | Reuters — U.S. corn, soybean and wheat futures fell on Thursday, retreating from early advances as gains in the U.S. dollar and a setback in crude oil triggered […] Read more
CP trims outlook on delayed Prairie harvest
Rain delays in this year’s Prairie grain harvest have bit into third-quarter revenues and earnings expectations for Canadian Pacific Railway (CP). The Calgary company on Wednesday booked overall net income […] Read more
U.S. grains: Soybeans and corn firm, led by crude oil
Chicago | Reuters — U.S. soybean futures rose on Wednesday on technical buying, export demand and spillover strength from crude oil, analysts said. Corn tracked soybeans higher while wheat settled […] Read more
OPEC announcement could boost ag markets, maybe
CNS Canada — The bearish malaise that has gripped the North American agricultural market shows no sign of breaking soon, and it could take a major disruption, say such as […] Read more
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