Latest Newsletter

Tag Archives palm oil — page 3

A corn crop west of Grunthal, Man. on Aug. 17, 2019. (Dave Bedard photo)
Crops, Markets

U.S. grains: Corn highest since 2013

Soy tops US$15, wheat over US$7 on supply fears

By
Chicago | Reuters — U.S. corn, wheat and soybean futures hit multi-year highs on Thursday as concerns about tightening global grain supplies triggered short-covering and fund-driven buying, analysts said. Nearby Chicago Board of Trade corn futures closed up their daily 25-cent limit (all figures US$). Front-month CBOT wheat rose above $7 a bushel and soybeans […] Read more
CBOT May 2021 soybeans (candlesticks) with Bollinger bands (20,2) and CBOT July 2021 soyoil (dark green line). (Barchart)
Crops, Markets

U.S. grains: Soybean futures drop as soyoil crumbles

Corn, wheat futures also weak

By
Chicago | Reuters — U.S. soybean futures fell 1.5 per cent on Monday, led lower by the soyoil market’s decline to its lowest in nearly six weeks on bearish data about palm oil supplies, traders said. “The bean oil led the beans up and it looks like they are going to lead them down,” said […] Read more
Farmers are working with nutritionists to figure out alternatives to using palmitic acid supplements.
News

Dairy sector adjusts to butter debate fallout lessons

Now that the rhetoric around butter hardness has settled down, farmers look to managing without palm fat supplements, while research continues

By
As the Buttergate social furor and ensuing questions around transparency settles into a dull roar, where does dairy go from here?  “What this conversation is about is – what is the way forward in light of some of the challenges thrown at us over the past few weeks?” said David Wiens, Dairy Farmers of Canada […] Read more
CBOT May 2021 wheat with Bollinger (20,2) bands. (Barchart)
Crops, Markets

U.S. grains: Storms forecast for Plains drive wheat to one-month low

Corn up, soybeans down, soymeal drops

By
Chicago | Reuters — U.S. wheat futures extended losses on Friday, touching a one-month low as rain and snow forecast for dry parts of the U.S. Plains improved production prospects, analysts said. Soybean futures finished narrowly mixed, caught between surging soyoil futures amid tightening world vegetable oil supplies, and slowing demand for soymeal, a hog […] Read more
CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat down on forecasts for Plains moisture

CBOT soybeans and corn both end higher

By
Chicago | Reuters — U.S. wheat futures fell to a one-month low on Thursday, pressured by forecasts for welcome moisture in the southern U.S. Plains crop belt that should boost wheat production prospects, traders said. But soybean and corn futures ended higher, supported by South American supply worries and soaring global vegetable oil prices. Chicago […] Read more
Editorial: A tempest in a butter wrapper
News

Editorial: A tempest in a butter wrapper

By
I pondered whether to add more copy to the head-scratching and manufactured debate over palm fat in dairy nutrition and the subsequent effects on butter hardness, but I think the recent flurry of mainstream media coverage provides some lessons. To recap: Food sector pot stirrer Sylvain Charlebois of Dalhousie University is a master at bringing […] Read more
CBOT May 2021 corn with Bollinger (20,2) bands. (Barchart)
Crops, Markets

CBOT weekly outlook: Corn is the leader

By
MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker with Allendale Inc. in Fort McHenry, Ill. Ettner said he also expects the situation is very likely to continue, barring any kind of a major […] Read more
(Bhofack2/iStock/Getty Images)
Crops

Cream of Wheat maker to buy Crisco line from Smucker

Shortening, cooking oil brand goes to B+G Foods

By
The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes […] Read more

Cyber-Savvy Farmer

Glacier Farmmedia Podcast