soyoil Archives - Page 9 of 13 - Manitoba Co-operator

ICE Futures May 2020 canola (candlesticks) and CBOT May 2020 soybean oil (yellow line). (Barchart)

ICE weekly outlook: Canola gains strength at midweek

By GFM Network News April 23, 2020

MarketsFarm — After showing considerable weakness in prior trading sessions, canola contracts tried to regain some ground at midweek. Ken Ball of P.I. Financial in Winnipeg said canola was oversold due to bearish sentiments from outside markets earlier in the week, but prices were steadily bouncing back. Nearby ICE Futures canola was down Monday by

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

Crops, Markets

ICE weekly outlook: Canola loses strength at midweek

By GFM Network News April 2, 2020

MarketsFarm — ICE Futures canola contracts succumbed to pressure from comparable vegetable oils at midweek, after showing strength earlier in the week. Ken Ball of P.I. Financial said lower soyoil values put canola “under tremendous pressure.” Nearby soyoil contracts were down by about a penny on Wednesday. Earlier in the week, rumours swirled regarding the

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

Crops, Markets

U.S. grains: Corn, soy, wheat book multi-month lows

Financial markets continue to drag commodities lower

By GFM Network News, Mark Weinraub March 16, 2020

Chicago | Reuters — U.S. grain and soybean futures sank to multi-month lows on Monday on worries about the coronavirus pandemic denting the global economy and chilling end-user demand for commodities, traders said. “The fear is still that it will only get worse as the week unfolds,” said Mark Schultz, chief analyst at Northstar Commodity

ICE Futures May 2020 canola with 20-day moving average and CBOT May 2020 soyoil (red line). (Barchart)

Crops, Markets

ICE weekly outlook: Volatility hampers canola

By GFM Network News March 11, 2020

MarketsFarm — Canola values have been at the mercy of volatile financial markets this week, trading in lockstep with headlines of plummeting crude oil values and stock indices. “We’re getting into a bit of a pattern in the markets,” Ken Ball of P.I. Financial in Winnipeg said, explaining that prices will show some strength, then

File photo of young plants in a soybean field in Argentina. (Gracieross/iStock/Getty Images)

Crops, Markets

Argentina to raise soy export taxes to 33 per cent from 30

By GFM Network News, Reuters March 4, 2020

Buenos Aires | Reuters — Argentina plans to raise taxes on soybean, soyoil and soymeal exports to 33 per cent from the current 30, the agriculture ministry said on Tuesday, as the government moves to increase revenue ahead of a planned sovereign bond restructuring. Ministry officials met with farm groups during the day to discuss

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

Crops, Markets

U.S. grains: Soybeans rise for third session

By GFM Network News, Julie Ingwersen February 5, 2020

Chicago | Reuters — U.S. soybean futures rose modestly on Wednesday as strength from global equity markets and soyoil futures offset worries about export demand for U.S. oilseeds, traders said. Wheat futures firmed on technical buying. But corn drifted lower in rangebound trade as uncertainty about demand hung over the market. Chicago Board of Trade

ICE March 2020 canola with Bollinger (20,2) bands. (Barchart)

Crops, Markets

ICE weekly outlook: Canola off highs, rangebound

By GFM Network News, Phil Franz-Warkentin January 15, 2020

MarketsFarm — ICE Futures canola contracts tested long-time chart resistance during the week ended Wednesday, but failed to break higher and retreated to hold rangebound overall. The Phase One trade deal signed Wednesday between the U.S. and China failed to give the grain and oilseed markets a boost, as the vague details of the actual

Crops, Markets

Argentine soybeans facing tax increases

By GFM Network News, Glen Hallick - MarketsFarm January 8, 2020

MarketsFarm — Not many major divergences can be seen between the U.S. Department of Agriculture’s data (USDA) on Argentina’s soybean crop and data from the department’s attaché in Buenos Aires. What may bring changes to the country’s soybean industry are tax increases imposed by the new federal government, according to Benjamin Boroughs, the USDA attaché.

A cargo ship is loaded with Brazilian soybeans bound for China. (Photo: Reuters/Paulo Whitaker)

Crops, Markets

Brazil to become top soybean producer, USDA says

By GFM Network News, Glen Hallick - MarketsFarm January 8, 2020

MarketsFarm — Brazil is set to pass the United States as the world’s top producer of soybeans during the 2019-20 marketing year, according to a report from the U.S. Department of Agriculture (USDA). As soybean production in both countries has risen dramatically over the last 10 years, the U.S. continued to lead the world in

ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

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

Daily Network News

U.S. grains: Soy hits 17-month high, corn to four-month top as trade braces for U.S. data

Federal budget shows remaining disconnect between agriculture, policymakers, panelists say

U.S. livestock: Cattle futures continue downward

Tag Archives soyoil

ICE weekly outlook: Canola gains strength at midweek

ICE weekly outlook: Canola loses strength at midweek

U.S. grains: Corn, soy, wheat book multi-month lows

ICE weekly outlook: Volatility hampers canola

Argentina to raise soy export taxes to 33 per cent from 30

U.S. grains: Soybeans rise for third session

ICE weekly outlook: Canola off highs, rangebound

Argentine soybeans facing tax increases

Brazil to become top soybean producer, USDA says

ICE weekly outlook: Canola could break out of range

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