Chicago | Reuters — Chicago corn futures climbed on Wednesday, supported by strength in the crude oil market and firming wheat futures. Wheat climbed as Russia joined France and Canada […] Read more
Tag Archives crude oil

U.S. grains: Corn, soybeans climb
Wheat up on global supply concerns

CBOT weekly outlook: Commodities see ‘much needed’ correction
'You’re not going to go up every day'
MarketsFarm — A bullish market and sharp increases in commodities at the Chicago Board of Trade (CBOT), turned downward Wednesday in what Sean Lusk of Walsh Commercial Hedging Services called […] Read more

U.S. grains: Wheat hits three-month low on supply prospects
CBOT soybeans, corn also decline
Chicago | Reuters — U.S. wheat futures fell to their lowest level of 2021 on Thursday, pressured by improving global production prospects and a firmer dollar, which tends to make […] Read more

U.S. grains: Corn, soy slump in broad-based commodities selloff
Weekly corn export sales top estimates, China buys more
Chicago | Reuters — U.S. corn and soybean futures fell on Thursday as a firm U.S. dollar and tumbling energy prices, with crude oil down more than eight per cent, […] Read more

Diesel prices, carbon tax cause headaches for farmers
MarketsFarm — Crude oil prices have been steadily on the rise since last November as oil-producing nations implement production cuts and Canadian farmers already affected by climbing diesel prices will […] Read more

ICE weekly outlook: Canola stronger at midweek
MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $578.90 per tonne, gaining a […] Read more

Trump-backed Canadian railway to Alaska faces high hurdles
Proponents say line could move grain, fertilizer as well as oil
Winnipeg/Washington | Reuters — A private-sector proposal endorsed by U.S. President Donald Trump to build a railway from Canada’s oil sands to ports in Alaska would free landlocked crude but […] Read more

U.S. grains: Soy jumps on China demand, fund-driven buying
CBOT wheat, corn follow soybeans higher
Chicago | Reuters — U.S. soybean futures surged to two-year highs on Wednesday on continued export demand from top global soy buyer China and fund-driven buying, analysts said. Corn and […] Read more

CBOT weekly outlook: Chinese demand leading factor in bullish soy market
MarketsFarm — China’s demand for U.S. soybeans has been the major factor behind the bullish soy complex at the Chicago Board of Trade (CBOT), according to Terry Reilly of Futures […] Read more

COVID-19 means push back of Clean Fuel Standard
The move to support the oil sector means slower ethanol use growth
Glacier FarmMedia – Canada’s ethanol industry is unfazed by the federal government’s revelation that it is pushing back some of its greenhouse gas reduction targets in the proposed Clean Fuel […] Read more