Daily Network News

More News →

Tag Archives Chicago Board of Trade

Canola moved upwards in lockstep with soy futures after a surprising planting projections survey.
Grain Markets, Markets

Up limit spike points to more acres needed

A key USDA report shocked the market and resulted in prices moving upward

By
Shock and awe rocked the markets on March 31 after the United States Department of Agriculture (USDA) issued its prospective plantings report. The first survey-based projections for 2021 caught the markets largely off guard that Wednesday, which sent prices to their daily limit in several commodities. That not only included the soy complex and corn
ICE canola can’t hang on to its recent gains
Grain Markets, Markets

ICE canola can’t hang on to its recent gains

Canola traders will now turn their attention to the skies

By
ICE Futures canola contracts ran into resistance during the week ended June 11, repeatedly trying and failing to continue the short-covering rally that had boosted prices off of nearby lows to start the month. Intermonth spreading was a feature, accounting for heavy volumes on occasion, as traders rolled out of the nearby July contract into
Crude oil tanks at Kinder Morgan’s Sherwood Park, Alta. terminal on Nov. 14, 2016. Soyoil, a bellwether for canola, is closely connected to world crude oil prices.
Grain Markets, Markets

Canola futures remain steady amid pandemic

Their alignment with soyoil ties canola values to crude oil’s fortunes

By
Despite turmoil around the world due to the COVID-19 pandemic, canola prices didn’t change much from week to week. ICE Futures’ May canola contract closed March 20 at $461.70 per tonne; by March 26, May canola was at $462.80 per tonne. Fuelling that steadiness has been soyoil on the Chicago Board of Trade (CBOT). Closely
Empty shelves out of stock of pasta are pictured in a supermarket in London, England, March 6, 2020.
Markets, News

Fear is the price killer in commodity markets

COVID-19 | Cuts in key interest rates helped slow the declines in futures

By
There’s no doubt that the COVID-19 coronavirus is having a tremendous effect on commodity markets. Although Canada and the United States have a mere fraction of the reported cases and deaths, fears toward COVID-19 have generated sharp losses in North American markets. There was something of a reprieve this week as the U.S. Federal Reserve
Employees at the Tiplam terminal in Santos, Brazil load soybeans on a cargo ship bound for China on March 13, 2017.
Markets, Oilseeds

Beijing is in control of global soybean market

China’s demand is dropping as it commits to more U.S. supplies

By
China is pretty much in control of the global soybean market, and could stay in that position for the rest of 2020. Following the signing of the Phase 1 trade pact between the United States and China, it was widely expected soybean prices on the Chicago Board of Trade (CBOT) would shoot up — especially since the deal requires China to dramatically increase its agricultural purchases from the U.S.
(Medioimages/Photodisc/Getty Images)
Crops, Markets

CBOT weekly outlook: Headlines, geopolitics drive prices

By ,
MarketsFarm — To Terry Reilly, about the only things driving the Chicago Board of Trade (CBOT) are headlines and geopolitics developments. “Traders are trading headlines,” Reilly, an analyst for Futures International in Chicago, said in reference to the latest developments in U.S.-China trade talks. Reports on Wednesday morning said the two countries were close to
ICE canola futures remain rangebound
Grain Markets, Markets

ICE canola futures remain rangebound

Talk of more trade talks supports Chicago futures

By
The ICE Futures canola market flatlined during the second week of November, trading within a rather narrow sideways range and showing little incentive to break one way or the other. The steady tone came despite a sizable drop in Chicago Board of Trade (CBOT) soyoil prices, as world vegoil markets backed off nearby highs. Soyoil
Photo: Thinkstock
Markets

Chicago Board of Trade waiting on (any) news

By
MarketsFarm – Grain markets on the Chicago Board of Trade are “falling of its own weight” due to removed technical levels and a lack of substantive news to influence markets. “There’s just no news to generate any upside swing,” said Steve Georgy, President of Allendale Inc. in McHenry, Illinois. “Some technical levels were removed, and

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for Sept. 5, 2025

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →