Local Spotlight
Success from the roots up

Success from the roots up

Sponsored by FMC

Daily Network News

More News →

Tag Archives vegetable oil

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

ICE weekly outlook: Canola correcting off lows

By
MarketsFarm — The ICE Futures canola market fell sharply over the last half of January but have turned the corner during the first few trading days of February. “I think we have room for some corrective gains,” MarketsFarm Pro analyst Mike Jubinville said of the recovery in canola. The March contract hit a session low
ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

ICE weekly outlook: Canola gives back gains at midweek

By
MarketsFarm — Canola was bolstered by strong trade activity and profit-taking at midweek, though values remained rangebound. As of Wednesday, 144,500 canola contracts had traded hands, with the most activity concentrated in the January/March contracts. Spreading accounted for 124,790 contracts traded, which is about 86 per cent of the activity. Keith Ferley of RBC Dominion
(Noel Hendrickson/DigitalVision/Getty Images)
Crops

Richardson to buy Wesson cooking oil brand

By ,
A household name in U.S. cooking oils is set to become part of Canadian grain handler and oilseed processor Richardson International. Chicago-based Conagra Brands said Tuesday it will sell its Wesson oil brand and related assets — including a 280,000-square foot U.S. processing plant at Memphis — to Richardson for an undisclosed sum. Wesson-branded retail
(Dave Bedard photo)
Crops, Markets

ICE weekly outlook: Canola awaits acreage report

By ,
CNS Canada — This week’s acreage estimates from Statistics Canada could bring an end to canola’s recent chart surge upward — or could give futures the impetus to move even higher. The dominant July contract closed Wednesday at $535 per tonne, a gain of $8 from the previous Wednesday’s close. Prairie farmers on Friday will
(JMSmucker.com)
Crops

Smucker drops bid to buy Wesson Oil after U.S. objects

By
Washington | Reuters — J.M. Smucker Co. said on Tuesday it will abandon its plan to acquire Conagra Brands’ Wesson Oil brand after the U.S. Federal Trade Commission had moved to block the deal arguing it would likely lessen competition and violate anti-trust law. Mark Smucker, CEO of J.M. Smucker, said “it is not in
USDA report surprises oilseed market
Grain Markets, Markets

USDA report surprises oilseed market

Traders were expecting a lower yield number and when they didn’t get it, they reacted

By
ICE Futures Canada canola contracts may have finally topped out after the USDA’s monthly supply-and-demand report put the entire oilseed sector under pressure. Canola futures began climbing back in the early part of September, eventually rising above the $520-per-tonne mark. However, that changed on Thursday, November 9, when the USDA left its prediction for soybean
Fence and canola crop
Grain Markets, Markets

An up-and-down week for canola prices

Prices hit highs not seen since summer but fell back by the end of the week

By
ICE Futures Canada canola futures touched some of their best levels since July during the week ended November 3, but ran into resistance at the highs and were right back where they started by Friday’s close. The January contract hit a session high of $522.50 per tonne on November 2, but was back below the
USDA forecast puts soybeans in uncharted territory
Comment/Feedback, Oilseeds

USDA forecast puts soybeans in uncharted territory

Acreage is up but production down in the latest USDA monthly crop production report

By
Just when analysts thought they had figured out the pattern in the U.S. Department of Agriculture’s U.S. soybean forecasts, the agency’s latest estimate broke form and created even more uncertainty in the market. In its monthly U.S. crop production report on Oct. 19, USDA increased harvested area of the oilseed by 740,000 acres but lowered
(U.S. Food and Drug Administration photo via Flickr)
Crops

Partially hydrogenated oils on the way out

By ,
The federal government has served a year’s notice on partially hydrogenated oils (PHOs) as ingredients in foods sold in Canada. Health Minister Ginette Petitpas Taylor announced Friday that PHOs will be added to Canada’s List of Contaminants and Other Adulterating Substances effective Sept. 15, 2018, giving Canadian food processors and importers “enough time to find

AgCanadaTV

AgCanadaTV: In case you missed it; your national ag news recap for Jan. 16, 2026

Sponsored By:
More Videos →

Cyber-Savvy Farmer

Glacier Farmmedia Podcast

Latest Market News

More Market News →