oil prices Archives - Manitoba Co-operator

Volatile oil market most likely to improve says analyst

Israel-Gaza war, Red Sea attacks having less impact than expected

By GFM Network News, Glen Hallick - MarketsFarm January 9, 2024

As the global oil market continued to ready itself for 2024, one analyst stated it’s more likely prices will increase than to drop further. Phil Flynn of the Price Futures Group in Chicago said one’s outlook on crude oil is predicated on their economic view.

Grain Markets, Markets

Interest rates remain of interest to grain traders

Expert's Radar: A rising U.S. dollar may drag on futures

By Phil Franz-Warkentin November 14, 2023

Much of the attention in North American grain and oilseed markets has shifted to production prospects in South America, as wheat fields develop in Argentina and farmers in Brazil work on seeding their next soybean and corn crops. Weather there will be a major factor on traders’ radar over the next few months, but larger financial and geopolitical issues will

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

CBOT May 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

Crops, Markets

U.S. grains: Corn, soy, wheat slide with financial markets

Drop in oil prices adds pressure on corn

By GFM Network News, Tom Polansek March 6, 2020

Chicago | Reuters — U.S. grain and soybean futures fell on Friday as the spread of the new coronavirus triggered broad selling in commodities and equities. Wall Street tumbled as fears of economic damage intensified with the global tally of cases crossing 100,000. Financial markets view the virus, which causes a flu-like illness, as the

Markets

Oil sanctions on Venezuela could benefit Canada

By GFM Network News, Glen Hallick - MarketsFarm February 1, 2019

How Canada benefits from the oil sanctions the United States plans to place on Venezuela is contingent on the country’s ability to move its Western Canadian Select crude oil to U.S. refineries, said two oil industry experts. As part of an effort to effect regime change in Venezuela, U.S. President Donald Trump announced this week

Markets

Ag seen gaining on slightly weaker loonie in 2019

By Ashley Robinson - MarketsFarm, GFM Network News January 11, 2019

CNS Canada — Farm Credit Canada (FCC) predicts the Canadian dollar will spend the year around the 75-U.S. cent mark — slightly softer than last year’s average of 76. “We’re going to see volatility throughout the year obviously but when we look at that season, or the full year average, we’re looking for it to

Markets, Other

Tight supplies could see diesel prices rise

By Ashley Robinson - MarketsFarm, GFM Network News November 6, 2018

CNS Canada – As supply tightens, farmers should consider stocking up on diesel before it’s too late, according to an analyst. “We think the market’s getting kind of overdone down here and this might be your best chance…if we do get a cold winter I think we’ll see these prices really pop,” said Phil Flynn

Editorial, Opinion, Other

Editorial: Future risks

By Gord Gilmour March 29, 2018

Manitoba’s agriculture community is welcoming news it will be getting a few more exemptions from the incoming provincial carbon tax. The Pallister government this week announced fuels used to heat and cool livestock buildings and greenhouses and to dry grain would get a pass on the tax. The sector successfully argued from the outset it

For Canadian grocers, recent cauliflower woes should serve as a cautionary tale on buyers’ hypersensitivity to price.

Comment

Cauliflower hysteria offers lessons for Canadian consumers

Food inflation is hammering consumers, but there are ways to reduce price pressure

By Sylvain Charlebois February 16, 2016

Food inflation is top of mind for Canadian consumers, with rampant claims about produce being grossly overpriced. And the latest consumer price index (CPI) report won’t calm Canadian shoppers any time soon, since food inflation stands at 4.1 per cent. That’s a significant contrast to the -0.4 per cent in food inflation reported in the

Crops, Markets

Crude’s slide hampers demand for Canadian biofuel

By GFM Network News, Jade Markus February 11, 2016

CNS Canada — The trickle-down effect of slumping crude oil prices is being felt in the Canadian biofuel market and softening demand for corn and soybeans. Traditionally, ethanol is cheaper than gasoline, which encouraged processors to blend more than the mandated amount, according to Andrea Kent, president of the Canadian Renewable Fuels Association (CRFA). “When

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

Daily Network News

Alberta crop conditions improve: report

U.S. grains: Corn sets contract lows on expectations for big US crop

U.S. livestock: Cattle strength continues

Tag Archives oil prices

Volatile oil market most likely to improve says analyst

Interest rates remain of interest to grain traders

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

U.S. grains: Corn, soy, wheat slide with financial markets

Oil sanctions on Venezuela could benefit Canada

Ag seen gaining on slightly weaker loonie in 2019

Tight supplies could see diesel prices rise

Editorial: Future risks

Cauliflower hysteria offers lessons for Canadian consumers

Crude’s slide hampers demand for Canadian biofuel

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for July 11, 2025

Cyber-Savvy Farmer

Latest Market News