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Tag Archives soyoil


CBOT January 2024 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans fall as rain benefits top supplier Brazil

Most-active K.C. wheat reaches July 2021 low

By Tom Polansek November 25, 2023
Chicago | Reuters — Chicago Board of Trade soybean futures tumbled on Friday under pressure from favourable rains in Brazil, the biggest global supplier, analysts said. The market has pulled […] Read more

ICE January 2024 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Falling canola market seeks support

Canola seen as 'fairly cheap' but not attracting interest

By Phil Franz-Warkentin November 1, 2023
MarketsFarm — The ICE Futures canola market continued its months-long downtrend as the calendar flipped over to November, with the futures looking for an outside catalyst to spark a corrective […] Read more

ICE November 2023 canola with 20- and 50-day moving averages and January 2024 canola (black line). (Barchart)
Crops, Markets

ICE weekly outlook: Upside seen for canola prices

'Aggressive manipulation' seen as a factor

By Adam Peleshaty October 19, 2023
MarketsFarm — Early gains were followed by late losses on ICE Futures’ canola market during the week ended Wednesday. The November canola contract began the week at $704.60 per tonne […] Read more

ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola futures looking for bottom

Crushing pace remains aggressive

By Phil Franz-Warkentin October 12, 2023
MarketsFarm — ICE Futures canola contracts fell to their lowest levels in three and a half months during the week ended Wednesday, taking some direction from Chicago soyoil as harvest […] Read more

ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola looking for a spark

Recent declines in crude oil, diesel seen as bearish

By Phil Franz-Warkentin October 5, 2023
MarketsFarm — The ICE Futures canola market hit its lowest levels in three months on the last trading day of September but has since uncovered some support in the first […] Read more


ICE November 2023 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola ‘due for a bounce’

Weather co-operating, mostly, for Prairie harvesting

By Adam Peleshaty September 28, 2023
MarketsFarm — A month-long decline of ICE Futures canola prices, which saw the oilseed lose $110 per tonne, came to an end and was followed by a bounce-back. While the […] Read more

CBOT December 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soyoil boosted by rising energy prices

Wheat down on reports of low-priced Egyptian import tender

By Zachary Goelman September 27, 2023
Reuters — Chicago corn futures rose on Wednesday, rebounding from losses a day earlier, as ethanol feedstock enjoyed a boost from a rise in energy prices that also lifted soyoil […] Read more

“Pods can look dramatically different, either riper or less ripe, than the actual seeds, so we need to be cracking open those pods and looking at the seeds.”
 Photo: Greg Berg
Crops, Markets

ICE weekly outlook: Canola following soyoil’s lead

Stat Can's principal field crop estimates will be released on Aug. 29, may affect prices

By Adam Peleshaty - Marketsfarm August 23, 2023
MarketsFarm – The November canola contract rose above the C$800 per tonne mark for the first time in nearly a month during the week ended Aug. 23. However, it wasn’t […] Read more


Photo: Getty Images
Crops, Markets

USDA June soybean crush seen at 175.5 million bushels

If estimate realized, would be smallest monthly crush since September

By Karl Plume July 31, 2023
Chicago | Reuters – U.S. soy processors likely crushed 5.265 million short tons of soybeans, or 175.5 million bushels, in June, according to the average forecast of eight analysts surveyed […] Read more

ICE July 2023 canola with 20-day moving average (yellow line, right scale) and CBOT July 2023 soybean oil (dark green line, left scale). (Barchart)
Crops, Markets

ICE weekly outlook: Canola market rising into summer

New StatCan acreage estimates out next week

By Phil Franz-Warkentin June 22, 2023
MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets […] Read more

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