palm oil Archives | Manitoba Co-operator

Cream of Wheat maker to buy Crisco line from Smucker

Shortening, cooking oil brand goes to B+G Foods

The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million (C$725.1 million). The sale includes

Crops, Markets

ICE weekly outlook: Canola rebounds on U.S. futures support

By GFM Network News, Glen Hallick - MarketsFarm September 30, 2020

MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived from two new reports from the U.S. Department of Agriculture (USDA). The report on grain stocks as of Sept. 1 noted declines in wheat, corn

Grain Markets, Markets

Canola gains on veg oils’ strength

Pressure comes from the loonie’s recent improvement against the U.S. dollar

By Marlo Glass June 11, 2020

Canola prices climbed higher during the week ended June 5, despite strength in the Canadian dollar that would typically have a bearish effect on prices. Nearby canola contracts started the week at $457.10 per tonne and posted losses on Monday before rallying on Tuesday. By June 4, nearby contracts closed at $463.60 per tonne. The Canadian dollar was over 74

Crops, Markets

ICE weekly outlook: Canola could break out of range

By GFM Network News, Glen Hallick - MarketsFarm January 2, 2020

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago Board of Trade. Soyoil has

Crops, Markets

Palm oil 101: Sought-after crop holds sway over oilseed trade

By GFM Network News, Phil Franz-Warkentin - MarketsFarm December 31, 2019

MarketsFarm — Palm oil may be grown halfway around the world in conditions much different than on the Canadian Prairies, but the outsized influence of the crop on world oilseed markets makes it an important factor to watch when considering canola prices. Indonesia and Malaysia are the world’s largest producers of the crop, with futures

Crops, Markets

U.S. grains: Soybean futures set two-week high

By GFM Network News, Tom Polansek December 9, 2019

Chicago | Reuters — U.S. soybean futures rose for a fifth straight session to their highest in two weeks as Chinese importers on Monday bought at least five bulk cargo shipments of the oilseed from the United States, or about 300,000 tonnes, traders said. A rally to four-week highs in soyoil futures helped support the

Crops, Markets

ICE weekly outlook: Palm oil shortage leads to canola rally

By GFM Network News, Glen Hallick - MarketsFarm November 20, 2019

MarketsFarm — As Malaysian palm oil continues to increase in price due a shortage, it has led to a rally in canola on ICE Futures, said Wayne Palmer of Exceed Grain in Winnipeg. The shortage stems from dry conditions in Indonesia and Malaysia, the world’s top two palm oil producers. While the dryness has been

News

Study skewers palm oil tactics

The World Health Organization has likened palm oil lobbying to the tobacco and alcohol industries

By Tom Miles January 21, 2019

Reuters – The palm oil industry is deploying tactics similar to those of the alcohol and tobacco industries to influence research into the health effects of its product, a study published by the World Health Organization said Jan. 8. Evidence of the health impact of palm oil is mixed, with some studies linking consumption to

Crops, Markets

Crude oil and canola part company, for now

By Dave Sims, GFM Network News July 13, 2018

CNS Canada — The symbiotic relationship that crude oil and canola used to enjoy seems to have hit a snag. Chart structures have proven that crude prices have pushed and pulled canola up and down in recent years. However, since the start of 2018, the gains enjoyed by crude oil have failed to lift canola.

Crops, Markets

U.S. grains: Corn, soy up on short-covering

By GFM Network News, Karl Plume December 22, 2017

Chicago | Reuters — U.S. soybean futures edged higher on Friday for the first time in seven sessions in a short-covering bounce, but remained near three-month lows as forecast rain in Argentina eased concern about a potential supply risk. Corn was slightly higher on short-covering ahead of the Christmas holiday weekend, while wheat slipped as

U.S. grains: South American supply issues wane

U.S. livestock: Live cattle climb ahead of USDA report

Feed weekly outlook: Offshore demand still lifting Prairie barley

GFM Network News

U.S. grains: South American supply issues wane

U.S. livestock: Live cattle climb ahead of USDA report

Feed weekly outlook: Offshore demand still lifting Prairie barley

Tag Archives palm oil

Cream of Wheat maker to buy Crisco line from Smucker

ICE weekly outlook: Canola rebounds on U.S. futures support

Canola gains on veg oils’ strength

ICE weekly outlook: Canola could break out of range

Palm oil 101: Sought-after crop holds sway over oilseed trade

U.S. grains: Soybean futures set two-week high

ICE weekly outlook: Palm oil shortage leads to canola rally

Study skewers palm oil tactics

Crude oil and canola part company, for now

U.S. grains: Corn, soy up on short-covering

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