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Tag Archives crude oil


CBOT May 2022 wheat (candlesticks) with 20-day moving average (green line), MGEX May 2022 spring wheat (yellow line) and K.C. May 2022 hard red wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat futures limit down as USDA cuts exports

Corn pressured by oil prices, soybeans pare gains

By P.J. Huffstutter March 9, 2022
Chicago | Reuters — Chicago wheat futures hit their daily trading limit on the downside for the second straight day on Wednesday, as the U.S. government cut domestic wheat exports […] Read more

(Dave Bedard photo)
Machinery, Markets

Gasoline, diesel prices set to continue rising

By Glen Hallick February 17, 2022
MarketsFarm — The steady rise in crude oil prices is based on three factors, according to Tom Kloza, global head of energy analysis for Oil Price Information Service at Lakewood, […] Read more

CBOT March 2022 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans reach seven-month peak

Oil strength, South American crop worries lift soy; CBOT corn up, wheat down

By Karl Plume January 27, 2022
Chicago | Reuters — U.S. soybean futures hit their highest in seven months on Wednesday on technical buying and as soyoil futures rallied with energy markets and historically high palm […] Read more

ICE March 2022 canola (candlesticks) with 20- and 50- day moving averages (yellow and dark green lines). (Barchart)
Crops, Markets

ICE weekly outlook: Days of $1,000 canola done, for now

By Glen Hallick December 1, 2021
MarketsFarm — There very likely won’t be any resurgence in canola that would see old-crop futures exceed $1,000 per tonne in the near future, according to analyst Errol Anderson of […] Read more

Photo: iStock
Markets

ICE weekly outlook: Crude oil at heart of canola’s fate

By Glen Hallick November 4, 2021
MarketsFarm – As gains in global crude oil prices have been largely behind the increases in edible oil values, any losses in crude will lead to declines in the edibles. […] Read more


ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Canola feeling the energy

Canola riding on fuels' bullish momentum

By Phil Franz-Warkentin October 6, 2021
MarketsFarm — ICE Futures canola contracts moved steadily higher over the week ended Wednesday, hitting the top-end of a three month trading range. While tight Canadian supplies due to a […] Read more

CBOT November 2021 soybeans (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Soybean futures rise on energy market strength

Corn, wheat futures fall

By Mark Weinraub October 5, 2021
Chicago | Reuters — U.S. soybean futures rose 1.3 per cent on Tuesday as a rally in the energy market boosted demand for soy-based biofuels, traders said. Wheat futures were […] Read more

CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn down off four-week top

CBOT oats down off 7-1/2-year high; soy, wheat also down

By Julie Ingwersen September 28, 2021
Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday on macroeconomic worries as the dollar strengthened and crude oil futures turned down, and on […] Read more


CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn futures up on firm cash markets

Soybeans post modest gains

By Julie Ingwersen September 28, 2021
Chicago | Reuters — U.S. corn futures rose about two per cent on Monday, rallying from early declines on support from tight domestic cash markets and spillover strength from crude […] Read more

(Dave Bedard photo)
Machinery

Federated Co-operatives looks to sell oil-producing business, keep refinery

By Rod Nickel September 23, 2021
Winnipeg | Reuters — Federated Co-operatives Limited (FCL) put its oil production business up for sale this week, according to a marketing document obtained by Reuters, but the co-op said […] Read more

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