CNS Canada — ICE Futures Canada canola contracts suffered significant losses during a volatile week ended Wednesday. While futures managed to recover off their fresh contract lows hit during the week, the overall technical bias remained pointed lower. Weakness in the U.S. soy complex and vegetable oil market were joined by strength in the Canadian […] Read more
Tag Archives Oilseeds — page 20
ICE weekly outlook: Canola drops amid widespread pressure
Sunflowers look good in field, flat in market
CNS Canada — While many Canadian crops are wishing for more rain right now, one expert sees sunflowers, primarily grown in Manitoba, doing relatively fine for moisture. “There’s no weather worries on sunflowers right now. A lot of the acres went in because it was forecasted to be a very dry summer, but it hasn’t […] Read more
Sunflowers off to good start in Manitoba
CNS Canada — Manitoba’s sunflower crop is off to a good start this year, having largely missed out on any damage from adverse weather over the May long weekend. “We had a good early start (to spring seeding) in the eastern part of the province and things went into some nice warm ground,” said Troy […] Read more
Manitoba sunflower acres set to rise
CNS Canada –– An early spring and drier conditions in western Manitoba, together with relatively favourable prices, should lead to an increase in sunflower plantings in the province this year. “Assuming that the southwest won’t be wet this year, we’re expecting that acres will be over 100,000,” said Darcelle Graham, executive director of the National […] Read more
ADM cuts biodiesel output as industry hit by weak margins
Winnipeg/New York | Reuters — Archer Daniels Midland , one of the world’s top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand. The Chicago-based agri business has “temporarily” shifted production at its Velva, N.D. oilseeds processing […] Read more
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