crude oil Archives - Page 4 of 23 - Manitoba Co-operator

ICE November 2022 canola (candlesticks) with 20-day moving average (yellow line, right column) and NYMEX November 2022 West Texas intermediate crude (black line, left column). (Barchart)

ICE weekly outlook: Canola shouldn’t fall hard

Loonie keeping oilseed off sharper decline

By GFM Network News, Glen Hallick - MarketsFarm September 28, 2022

MarketsFarm — As Malaysian palm oil futures tumbled to 20-year lows during the week of Sept. 26, they have put a lot of pressure on canola prices, analyst Errol Anderson of ProMarket Communications in Calgary said. However, he said, the Canadian dollar has been the backstop that kept the oilseed from falling with palm oil.

CBOT December 2022 soft red winter wheat (candlesticks) with 20-day moving average (green line), MGEX December 2022 spring wheat (yellow line) and K.C. December 2022 hard red wheat (orange line). (Barchart)

Crops, Markets

U.S. grains: Wheat falls on Russian production outlook

Exports underpin U.S. soybeans

By Christopher Walljasper, GFM Network News September 19, 2022

Chicago | Reuters — Chicago wheat fell on Monday on an expected increase in Russia’s crop that will compete with U.S. exports, already hampered by a strong U.S. dollar, traders said. Soybeans were underpinned by Chinese export demand, while corn ended up slightly after two-sided trade on broader economic uncertainty. Chicago Board of Trade most

CBOT December 2022 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)

Crops, Markets

CBOT weekly outlook: More acres, smaller yields anticipated in U.S.

By GFM Network News, Glen Hallick - MarketsFarm September 7, 2022

MarketsFarm — Ahead of the next supply and demand report from the U.S. Department of Agriculture (USDA), due out Monday, Allendale Inc. president Steve Georgy said corn and soybean acres are likely to increase, while yields are to decrease. Georgy projected USDA will up its call on U.S. planted corn acres by 200,000 to 400,000,

CBOT December 2022 wheat (candlesticks, right column) with MGEX and K.C. December 2022 wheats (yellow and orange lines, right column) and October 2022 West Texas Intermediate (WTI) crude (gray line, left column). (Barchart)

Crops, Markets

U.S. grains: Wheat, corn, soy fall on economic concerns

U.S. Midwest's harvest nears

By GFM Network News, Julie Ingwersen September 1, 2022

Chicago | Reuters — U.S. wheat futures fell more than four per cent and corn and soybeans slipped on Thursday on mounting concerns about a global economic slowdown, analysts said, just as the Midwest crop harvest nears. Wall Street stocks came under pressure as data showing that U.S. manufacturing grew steadily in August rattled some

CBOT December 2022 corn (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets

U.S. grains: Corn down on recession fears, profit-taking

Corn falls off two-month top; soy, wheat also down

By GFM Network News, Julie Ingwersen August 31, 2022

Chicago | Reuters — U.S. corn, wheat and soybean futures fell on Tuesday, joining broad declines in commodities and equity markets as traders fretted about the health of the global economy. Profit-taking also weighed on corn futures, a day after the benchmark December contract notched a two-month high linked to declining U.S. crop production prospects.

Op/Ed

Guebert: The simple answer to the simple question

Nobody’s worried about corn stocks, while wheat woes are piling up

By Alan Guebert July 6, 2022

Oftentimes the simple answer to a simple question is the simple truth. Some people, however, don’t want the simple truth, so they bend facts or shave figures so their square pegs replace roundly accepted reality. It’s commonplace in ag. For example, on April 12, President Joe Biden travelled to Iowa to announce an expansion of

The former Come By Chance fuel refinery in Newfoundland, shown here in a file photo, was renamed Braya Renewable Fuels in November 2021 after Dallas-based Cresta Fund Management bought a controlling stake in the facility. (Benedek/iStock/Getty Images)

Crops, Markets

Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel

By GFM Network News June 21, 2022

Reuters — A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant closings since 2019, a Reuters analysis of federal data shows. U.S. refining capacity has declined in the last two years, as plants

The oil market was largely unimpressed by the OPEC+ recent promise of higher output.

Comment, Op/Ed, Other

Comment: Talk doesn’t equal oil production action

OPEC+ words contrast with Saudi action of raising oil prices

By Clyde Russell June 20, 2022

Reuters – The gap between what is said in crude oil markets and what actually happens in the physical trading world has been illustrated by a commitment by the OPEC+ group to boost output being followed by its top member, Saudi Arabia, raising prices. Producer group OPEC+ said after meeting in early June it would

Markets

‘Petro-plectic’ anger rises toward fuel prices

Fuel refiners seen booking 'epic' revenues

By GFM Network News, Glen Hallick - MarketsFarm June 7, 2022

MarketsFarm — Fuel prices are very likely to continue to increase with summer approaching, according to Tom Kloza, the Florida-based global head of energy analysis for Oil Price Information Services. “I wish I could say there’s a light at the end of the tunnel, but I would say right now, it’s just a flicker,” he

ICE July 2022 canola (candlesticks) with Bollinger bands (20,2) and November 2022 canola (yellow line). (Barchart)

Crops, Markets

ICE weekly outlook: ‘Meltdown’ not yet on canola market radar

By GFM Network News, Glen Hallick - MarketsFarm June 1, 2022

MarketsFarm — There’s more to the sharp decline in U.S. wheat and corn futures than the possibility of Ukrainian exports returning to the global market along with the massive liquidation of longs, according to analyst Errol Anderson of ProMarket Communications in Calgary. “My theory with what is going on is that we’re seeing a fairly

Daily Network News

B.C. ostriches culled, CFIA confirms

U.S. livestock: Cattle, hogs end week on high note

U.S. grains: Soybeans bounce as Chinese demand assessed, wheat drops

Tag Archives crude oil

ICE weekly outlook: Canola shouldn’t fall hard

U.S. grains: Wheat falls on Russian production outlook

CBOT weekly outlook: More acres, smaller yields anticipated in U.S.

U.S. grains: Wheat, corn, soy fall on economic concerns

U.S. grains: Corn down on recession fears, profit-taking

Guebert: The simple answer to the simple question

Surge in U.S. renewable diesel supply won’t offset loss of petroleum diesel

Comment: Talk doesn’t equal oil production action

‘Petro-plectic’ anger rises toward fuel prices

ICE weekly outlook: ‘Meltdown’ not yet on canola market radar

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

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