soyoil Archives - Page 7 of 14 - Manitoba Co-operator

ICE March 2022 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

ICE weekly outlook: Canola futures still well supported

MarketsFarm — The ICE Futures canola market was showing signs of running into resistance to the upside during the week ended Wednesday, as speculators booked profits on some of their large long positions. The general uptrend, however, remains intact despite the minor correction. While bouts of consolidation were not unexpected, “the trends are still upward

CBOT January 2022 soybeans (candlesticks) with 20-day moving average (yellow line) and December 2021 soymeal (black line, left column). (Barchart)

Crops, Markets

U.S. grains: Soybeans climb as soymeal surges

U.S. wheat nears nine-year top

By GFM Network News, Julie Ingwersen November 13, 2021

Chicago | Reuters — U.S. soybean futures rose about two per cent on Friday, led by soaring soymeal futures tied to technical buying, brisk demand for the high-protein feed ingredient and logistical hurdles, traders said. Corn and wheat futures followed the higher trend, supported by tightening global grain supplies and fund-driven buying, and U.S. wheat

ICE January 2022 canola (candlesticks) with 20- and 50-day moving averages (yellow and green lines) and CBOT January 2022 soyoil (grey line, left column). (Barchart)

Crops, Markets

ICE weekly outlook: Canola’s trend line still pointed higher

By GFM Network News, Phil Franz-Warkentin November 10, 2021

MarketsFarm — The ICE Futures canola market strengthened during the week ended Wednesday, hitting fresh highs in many contract months. “The trend remains up,” analyst Mike Jubinville of MarketsFarm Pro said. “The price of canola needs to be put at a level that discourages exports, while the domestic crushers actively pursue attaining as much of

Markets

ICE weekly outlook: Canola speculators running market higher

By GFM Network News, Phil Franz-Warkentin October 28, 2021

MarketsFarm – ICE canola futures posted solid gains during the week ended Oct. 27, hitting fresh contract highs in many months as speculators added to their net long positions. “The specs have canola by the throat, and they’ll see how far they can run it,” said Ken Ball of PI Financial in Winnipeg. He said

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

Crops, Markets

ICE weekly outlook: Canola waiting on fresh news

By GFM Network News, Phil Franz-Warkentin September 22, 2021

MarketsFarm — The ICE Futures canola market held rangebound during the week ended Wednesday, looking for some direction. “None of these markets are flashing any strong signals that there’s much going on… they’re waiting for fresh news and there isn’t much around right now,” said Ken Ball of PI Financial in Winnipeg. While uncertainty over

ICE November 2021 canola (candlesticks) with Bollinger bands (20,2). (Barchart)

Crops, Markets

ICE weekly outlook: Canola remains rangebound

Trade predicts even smaller production

By GFM Network News, Glen Hallick - MarketsFarm September 16, 2021

MarketsFarm — At least for the foreseeable future, ICE Futures canola is likely to remain rangebound, according to analyst David Derwin of PI Financial in Winnipeg. The November canola contract has support at $850 per tonne and when it bumps up to around $900 it’s quickly pulled back, he said. “Sideways is not very exciting,

Grain is loaded onto ships for export at a port on the Parana River near Rosario, Argentina on Jan. 31, 2017. (File photo: Reuters/Marcos Brindicci)

Crops, Markets

Argentina agrees short-term contract with river dredger

By GFM Network News, Maximilian Heath September 11, 2021

Buenos Aires | Reuters — Argentina’s government has agreed a short-term deal with Belgian firm Jan de Nul to dredge the Parana River, a government source said Friday, a move that should ease industry concerns in the near-term over navigability of the critical grains waterway. Exporters had grown worried about a lack of clarity over

CBOT December 2021 corn (candlesticks) with CBOT September 2021 wheat and corn (green and yellow lines). (Barchart)

Crops, Markets

U.S. grains: Corn up on supply worries

Soy futures follow veg oils higher

By GFM Network News, Julie Ingwersen July 13, 2021

Chicago | Reuters — U.S. corn futures rose on Tuesday on concerns about tightening grain supplies while soybean futures advanced on strong global vegetable oil markets, analysts said. Wheat futures turned lower on profit-taking after rallying on supply concerns a day earlier. Chicago Board of Trade September corn futures settled up six cents at $5.51-1/4

CBOT July 2021 soybeans (candlesticks) with 20- and 50-day moving averages (yellow and green lines) and CME July 2021 crude palm oil (purple line). (Barchart)

Crops, Markets, Weather

U.S. grains: Soybean futures fall, corn firm ahead of USDA report

CBOT, MGEX July wheats down; K.C. wheat up

By GFM Network News, Mark Weinraub June 9, 2021

Chicago | Reuters — U.S. soybean futures dropped 1.2 per cent on Wednesday, pressured by a round of profit-taking and weakness in the cash market, traders said. Wheat futures also were mostly lower after rain in the northern U.S. Plains eased some concerns about parched soils limiting the size of the crop. Corn futures were

Crops

ADM to crush soybeans in North Dakota

Ex-Cargill Malt plant to be redeveloped

By Dave Bedard, GFM Network News May 13, 2021

A former malt processing plant in eastern North Dakota is set to be the site of the state’s first soybean crushing plant. U.S. ag processor ADM, the ‘A’ of the four ‘ABCD’ companies that dominate global grain trading, announced Monday it will spend about US$350 million to develop a dedicated soybean crush plant and refinery

Daily Network News

Trump tells farmers that tractor companies should lower prices

Get farmers in on federal water security strategy planning, CFA says

U.S. finalizes biofuel blending quotas for 2026-27, cuts RINS for foreign feedstocks

Tag Archives soyoil

ICE weekly outlook: Canola futures still well supported

U.S. grains: Soybeans climb as soymeal surges

ICE weekly outlook: Canola’s trend line still pointed higher

ICE weekly outlook: Canola speculators running market higher

ICE weekly outlook: Canola waiting on fresh news

ICE weekly outlook: Canola remains rangebound

Argentina agrees short-term contract with river dredger

U.S. grains: Corn up on supply worries

U.S. grains: Soybean futures fall, corn firm ahead of USDA report

ADM to crush soybeans in North Dakota

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AgCanadaTV: In case you missed it; your national ag news recap for March 27, 2026

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