Chicago | Reuters — U.S. soybean futures rose to a new four-year peak Wednesday, led by sharply higher soyoil and as robust demand for beans from exporters and domestic processors […] Read more
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Tag Archives soyoil
U.S. grains: Soybeans hit fresh four-year peak on tightening supplies
Soyoil helps lift soybeans amid tight world veg oil supplies; good exports boost corn
U.S. grains: Soy jumps on China demand, fund-driven buying
CBOT wheat, corn follow soybeans higher
Chicago | Reuters — U.S. soybean futures surged to two-year highs on Wednesday on continued export demand from top global soy buyer China and fund-driven buying, analysts said. Corn and […] Read more
ICE weekly outlook: Canola steady at midweek
MarketsFarm — Canola contracts at ICE Futures showed strength earlier in the week, due to comparable strength in Chicago soyoil. “Bean oil is keeping it firm,” said Ken Ball of […] Read more
Canola crush edges up, soybean crush falls
MarketsFarm — As the amount of canola crushed in Canada increased slightly in June, the soybean crush was down significantly, according to the latest monthly report from Statistics Canada. The […] Read more
ICE weekly outlook: Canola mixed at midweek
MarketsFarm — Canola contracts have stayed locked in a pattern for the past few trading sessions, with the July contract posting small gains and new crop year contracts showing losses. […] Read more
ICE weekly outlook: Canola steady at midweek
Spring seeding more or less underway
MarketsFarm — After showing considerable strength in prior trading sessions, canola contracts were either side of unchanged at midweek. David Derwin of P.I. Financial in Winnipeg said canola was holding […] Read more
ICE weekly outlook: Canola acres could be in flux
MarketsFarm — Canada’s canola acres are generally expected to be higher in the first area report of the year from Statistics Canada, compared to the 20.96 million acres estimated to […] Read more
ICE weekly outlook: Canola gains strength at midweek
MarketsFarm — After showing considerable weakness in prior trading sessions, canola contracts tried to regain some ground at midweek. Ken Ball of P.I. Financial in Winnipeg said canola was oversold […] Read more
ICE weekly outlook: Canola loses strength at midweek
MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil […] Read more
U.S. grains: Corn, soy, wheat book multi-month lows
Financial markets continue to drag commodities lower
Chicago | Reuters — U.S. grain and soybean futures sank to multi-month lows on Monday on worries about the coronavirus pandemic denting the global economy and chilling end-user demand for […] Read more
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