crude oil Archives | Page 13 of 14

Diesel prices look to settle in for fall, early winter

By Dave Sims September 6, 2016

CNS Canada — Canadian diesel prices appear to be settling in for a relatively uneventful autumn, according to an industry watcher. “Unless we get a vortex kind of winter, when a lot of diesel is used for heating purposes, I think it’s another cheap autumn-winter scenario shaping up,” said Tom Kloza of the Oil Price […] Read more

Crops, Markets

U.S. grains: Soy firms modestly on export demand

By Julie Ingwersen August 11, 2016

Chicago | Reuters — U.S. soybeans firmed on Thursday on signs of resurgent export demand but corn drifted lower in subdued trade as the market awaited key monthly reports due Friday from the U.S. Department of Agriculture. Wheat fell despite better-than-expected weekly export sales data. At the Chicago Board of Trade, November soybeans settled up […] Read more

The Diefenbaker Bridge over the North Saskatchewan River in Prince Albert, Sask. Photo: Carolyn Carleton / Wikimedia Commons

Livestock

Husky oil spill hits Prince Albert water supply; farmers also scrambling for alternative sources for livestock

By Rod Nickel July 25, 2016

Reuters – An oil leak from a Husky Energy Inc pipeline into a major Canadian river has forced a second city in the province of Saskatchewan to stop drawing drinking water, officials said on Monday, widening the impact and cost of the spill. The heavy oil and diluent leaked from Husky’s Saskatchewan Gathering System pipeline on […] Read more

Crops, Machinery, Markets

Diesel prices seen staying lower

By Dave Sims March 22, 2016

CNS Canada –– Diesel prices in Canada are expected to stay relatively cheap this spring despite some recent strength in the crude oil market. In a normal cycle, diesel prices would usually be on the move right now, but they have been mired at their current level for the last few months, according to Tom […] Read more

Crops, Machinery, Markets

Crude’s slide hampers demand for Canadian biofuel

By Jade Markus February 11, 2016

CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian Renewable Fuels Association (CRFA). “When […] Read more

Livestock, Markets

U.S. livestock: Equities spike drives CME live cattle limit-up

By Theopolis Waters January 21, 2016

Chicago | Reuters –– Chicago Mercantile Exchange live cattle futures climbed to their three cents/lb. daily price limit on Thursday following a turnaround in crude oil prices that helped pare recent deep U.S. stock market losses. February and April live cattle closed at 130.25 and 131.175 cents, respectively. Live cattle’s trading limit will be expanded […] Read more

Crops, Markets

CBOT weekly outlook: Corn expected to move higher, soy sideways

By Jade Markus January 20, 2016

CNS Canada –– Corn futures at the Chicago Board of Trade have a bullish tone, according to one analyst, while soybeans are trading sideways to slightly higher. But any anticipated gains could be taken away as quickly as they come, by turbulence in outside markets. “I think there’s an opportunity to buy corn and sell […] Read more

Crops, Markets

Loonie’s boost for commodity prices likely limited in 2016

By Jade Markus December 15, 2015

CNS Canada — The Canadian dollar has been steadily depreciating through 2015, sinking to an 11-year low relative to its U.S. counterpart as the end of the year creeps closer. Even if the loonie stays weak in 2016, however, two analysts expect the upside potential it brings to agricultural commodity markets has mostly run out. […] Read more

Crops, Markets

Views mixed on impact of crude’s slip for ag markets

By Dave Sims December 9, 2015

CNS Canada — While just about everyone agrees the plunging price of oil will have a bearish effect on commodity prices, the size and impact of that fall seems to vary. As recently as Nov. 4, crude oil prices were $48.64 a barrel, but since then have fallen to US$37.86, as of Wednesday’s opening. Some […] Read more

Crops, Machinery, Markets

Diesel prices remain high across Prairies

By Dave Sims December 8, 2015

CNS Canada — While the price of crude oil continues to decline across North American markets, diesel remains stubbornly high in Western Canada. Prices are equal to gasoline, or in some cases, exceeding them by as much as 10 cents in some Saskatchewan and Manitoba locations. “Diesel production in the West has been crimped by […] Read more

Tag Archives crude oil — page 13

Diesel prices look to settle in for fall, early winter

U.S. grains: Soy firms modestly on export demand

Husky oil spill hits Prince Albert water supply; farmers also scrambling for alternative sources for livestock

Diesel prices seen staying lower

Crude’s slide hampers demand for Canadian biofuel

U.S. livestock: Equities spike drives CME live cattle limit-up

CBOT weekly outlook: Corn expected to move higher, soy sideways

Loonie’s boost for commodity prices likely limited in 2016

Views mixed on impact of crude’s slip for ag markets

Diesel prices remain high across Prairies

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