Daily Network News

More News →

Tag Archives crude oil

ICE November 2021 canola (candlesticks) with 20-, 50- and 100-day moving averages (yellow, dark green and black lines). (Barchart)
Crops, Markets

ICE weekly outlook: Canola feeling the energy

Canola riding on fuels' bullish momentum

By ,
MarketsFarm — ICE Futures canola contracts moved steadily higher over the week ended Wednesday, hitting the top-end of a three month trading range. While tight Canadian supplies due to a Prairie drought have underpinned the market for some time, the latest strength and any future direction may be more closely tied to movement in energy
CBOT December 2021 corn (candlesticks) with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Corn down off four-week top

CBOT oats down off 7-1/2-year high; soy, wheat also down

By ,
Chicago | Reuters — U.S. corn futures fell more than one per cent on Tuesday on macroeconomic worries as the dollar strengthened and crude oil futures turned down, and on harvest-related selling as combines rolled in the heart of the Midwest crop belt, analysts said. Soybeans and wheat followed the weak trend. Chicago Board of
CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn futures up on firm cash markets

Soybeans post modest gains

By ,
Chicago | Reuters — U.S. corn futures rose about two per cent on Monday, rallying from early declines on support from tight domestic cash markets and spillover strength from crude oil futures, analysts said. Soybean futures climbed as China booked several U.S. cargos of the oilseed but wheat futures ended narrowly mixed. Chicago Board of
CBOT December 2021 corn (candlesticks) with 20-, 50- and 100-day moving averages (yellow, orange and dark green lines). (Barchart)
Crops, Markets

U.S. grains: Corn, soybeans climb

Wheat up on global supply concerns

By ,
Chicago | Reuters — Chicago corn futures climbed on Wednesday, supported by strength in the crude oil market and firming wheat futures. Wheat climbed as Russia joined France and Canada this week in reducing its production forecast for wheat at a time of strong global demand. Soybeans firmed, though gains were limited as canceled exports
CBOT July 2021 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

CBOT weekly outlook: Commodities see ‘much needed’ correction

'You’re not going to go up every day'

By ,
MarketsFarm — A bullish market and sharp increases in commodities at the Chicago Board of Trade (CBOT), turned downward Wednesday in what Sean Lusk of Walsh Commercial Hedging Services called a “much needed correction.” Prices pulled back that day by varying degrees for soybean, corn and wheat futures, coinciding with declines in other commodity futures
CBOT May 2021 wheat with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Wheat hits three-month low on supply prospects

CBOT soybeans, corn also decline

By ,
Chicago | Reuters — U.S. wheat futures fell to their lowest level of 2021 on Thursday, pressured by improving global production prospects and a firmer dollar, which tends to make U.S. grains less competitive globally, analysts said. Corn and soybean futures also eased, following broad declines in commodities along with position-squaring ahead of key U.S.
(Dave Bedard photo)
Markets

Diesel prices, carbon tax cause headaches for farmers

By ,
MarketsFarm — Crude oil prices have been steadily on the rise since last November as oil-producing nations implement production cuts and Canadian farmers already affected by climbing diesel prices will have to dig deeper into their wallets this April. On April 1, the federal government’s carbon levy on diesel will go up from 8.05 cents

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 →