MarketsFarm — The U.S. Department of Agriculture (USDA) released its monthly oil crops outlook on Tuesday featuring reductions in global rapeseed and sunflower production and U.S. soybeans. USDA estimated global […] Read more
Tag Archives Oilseeds
Most oilseed estimates down in USDA’s October outlook
Louis Dreyfus expects tough year on trade war, swine fever
Paris | Reuters — Agricultural commodity giant Louis Dreyfus warned on Monday that international trade tensions and a swine disease epidemic would continue to weigh on its activities in the […] Read more
Manitoba sunflowers not calling it quits just yet
MarketsFarm — Manitoba farmers may have seeded the smallest sunflower acres in eight years this spring, but the crop is in reasonably good shape heading into the harvest later in […] Read more
ICE weekly outlook: Count on canola remaining rangebound
MarketsFarm — Despite three reports to be released between now and Thursday next week, canola is very likely to remain rangebound along with other oilseeds, said David Derwin of PI […] Read more
ICE weekly outlook: Choppy canola trade likely
MarketsFarm — The ICE Futures canola market tested major chart support during the week ended Wednesday, but could be due for some choppy activity and eventual strength over the next […] Read more
Supercluster backs oilseed protein joint venture
A project to extract new high-protein ingredients from canola, hemp and other such crops for use in the food, feed and aquaculture markets will be the first to get funding […] Read more
Sunflowers doing well despite drought
MarketsFarm — Though many producers bemoan current drier-than-normal springtime conditions across the Prairies, sunflower crops are primed for a good year. “As long as there’s enough moisture to germinate, they […] Read more
ICE weekly outlook: Uncertain U.S. soy prospects boost canola
MarketsFarm — ICE Futures canola contracts climbed sharply higher during the week ended Wednesday, hitting their best levels in more than a month as strength in the Chicago Board of […] Read more
ADM to combine grain trading, oilseed businesses
Chicago | Reuters — Global grains trader Archer Daniels Midland said Wednesday it will consolidate five business units into four in the company’s second reorganization in just over a year […] Read more
New Bunge CEO looks to downsize company before growing again
New York | Reuters — The new chief executive of oilseed processor Bunge said Wednesday that the company needs to downsize in the short term and earn “the right to […] Read more