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
Tag Archives crude oil

U.S. grains: Wheat futures limit down as USDA cuts exports
Corn pressured by oil prices, soybeans pare gains

Gasoline, diesel prices set to continue rising
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

U.S. grains: Soybeans reach seven-month peak
Oil strength, South American crop worries lift soy; CBOT corn up, wheat down
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 weekly outlook: Days of $1,000 canola done, for now
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

ICE weekly outlook: Crude oil at heart of canola’s fate
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 weekly outlook: Canola feeling the energy
Canola riding on fuels' bullish momentum
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

U.S. grains: Soybean futures rise on energy market strength
Corn, wheat futures fall
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

U.S. grains: Corn down off four-week top
CBOT oats down off 7-1/2-year high; soy, wheat also down
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

U.S. grains: Corn futures up on firm cash markets
Soybeans post modest gains
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

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