MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed […] Read more
Tag Archives palm oil
Palm oil 101: Sought-after crop holds sway over oilseed trade
U.S. grains: Soybean futures set two-week high
Chicago | Reuters — U.S. soybean futures rose for a fifth straight session to their highest in two weeks as Chinese importers on Monday bought at least five bulk cargo […] Read more
ICE weekly outlook: Palm oil shortage leads to canola rally
MarketsFarm — As Malaysian palm oil continues to increase in price due a shortage, it has led to a rally in canola on ICE Futures, said Wayne Palmer of Exceed […] Read more
Crude oil and canola part company, for now
CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and […] Read more
U.S. grains: Corn, soy up on short-covering
Chicago | Reuters — U.S. soybean futures edged higher on Friday for the first time in seven sessions in a short-covering bounce, but remained near three-month lows as forecast rain […] Read more
U.S. grains: Soybeans at three-month low
Chicago | Reuters — U.S. soybean futures fell to a three-month low on Thursday, the sixth straight session of declines, on pressure from easing vegetable oil prices and improving crop […] Read more
Partially hydrogenated oils on the way out
The federal government has served a year’s notice on partially hydrogenated oils (PHOs) as ingredients in foods sold in Canada. Health Minister Ginette Petitpas Taylor announced Friday that PHOs will […] Read more
ICE weekly outlook: Canola pointed lower
CNS Canada — ICE Futures Canada canola contracts saw a bit of a corrective bounce on Wednesday but their overall trend remains pointed lower, with the winter highs possibly in […] Read more
Canola acres seen rising on high prices
Brandon | Reuters — Canadian canola plantings may rise slightly in spring as farmers seek to cash in before an expected drop in vegetable oil prices as palm crops recover […] Read more
ICE weekly outlook: Canola faces supply questions
CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as persistent weather problems in Western Canada and gains in world vegetable oil markets provided […] Read more