MarketsFarm — As prices rise on the Chicago Board of Trade (CBOT), the opportunity for profit-taking becomes more prevalent. That said, values are very likely to continue increasing overall going […] Read more
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Tag Archives soyoil
CBOT weekly outlook: Futures very likely to remain on upswing
Soyoil driving crop commodity gains
U.S. grains: Soybean futures drop as soyoil crumbles
Corn, wheat futures also weak
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 […] Read more
U.S. grains: Corn steps back after export-led rally
Wheat nears three-month low on better U.S. weather; soyoil pulls soybeans higher
Chicago | Reuters — Chicago corn futures dipped on Monday as improving South American crop weather added pressure to prices after export sales on Friday rallied the market. Soybeans were […] Read more
ICE weekly outlook: Canola’s correction likely short-lived given tight supplies
MarketsFarm — The ICE Futures canola market ran into a profit-taking correction on Wednesday, backing away from recently-hit contract highs. While a further correction is possible, the underlying fundamentals remain […] Read more
ICE weekly outlook: Profit-taking to pressure canola
Market appearing overdone
MarketsFarm — ICE Futures canola contracts climbed to record highs during the week ended Wednesday as concerns over tightening old-crop supplies provided support. However, the market was looking overdone to […] Read more
ICE weekly outlook: Canola, soybeans – keep an eye on South America
MarketsFarm – After canola incurred six consecutive sessions of gains in which new contract highs were reached, the Canadian oilseed took a bit of tumble on the Intercontinental Exchange. Such […] Read more
ICE weekly outlook: Canola holds over $600
MarketsFarm — ICE Futures canola contracts were stronger Wednesday, hitting multi-year highs for three consecutive days. The nearby January contract closed at $602.90 per tonne on Wednesday, gaining nearly $10 […] Read more
U.S. grains: Soybeans up one per cent as soyoil climbs
Corn up; wheat declines on global supply outlooks
Chicago | Reuters — U.S. soybean futures rose about one per cent on Thursday, rallying on bargain buying after a two-week low set a day earlier and on uncertainty about […] Read more
ICE weekly outlook: Canola stronger at midweek
MarketsFarm — ICE Futures canola contracts were stronger on Wednesday, making up losses incurred earlier in the week. The nearby January contract closed Wednesday at $578.90 per tonne, gaining a […] Read more
CBOT weekly outlook: Corn, soy continue rallies
MarketsFarm — Commodities on the Chicago Board of Trade (CBOT) have appreciated a significant rally over the past weeks. Last week’s world agriculture supply and demand estimates (WASDE) from the […] Read more
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