vegetable oil Archives - Page 3 of 8

Strengthening loonie beats strengthening vegetable oil

Rain on the Prairies is also bearish on canola futures

By Dave Sims June 23, 2017

It was a volatile time for the ICE Futures Canada canola market during the week ended June 16 as the weight of the rising Canadian currency offset gains in vegetable oil. The most active November canola contract lost $6.70 to fall to $488.20 by Friday’s close. The nearby July contract lost just 50 cents as

Crops

Conagra to sell Wesson oil brand to Smucker

By GFM Network News, Reuters May 30, 2017

Reuters — Packaged food maker Conagra Brands said on Tuesday it would sell its Wesson cooking oil brand to Folgers coffee maker J.M. Smucker Co. for about US$285 million. Conagra will continue to manufacture products sold under the Wesson brand for up to one year following the close, after which Wesson will be merged into

Crops, Markets

ICE weekly outlook: Canola faces supply questions

By GFM Network News, Phil Franz-Warkentin October 26, 2016

CNS Canada — ICE Futures Canada canola contracts moved higher during the week ended Wednesday, as persistent weather problems in Western Canada and gains in world vegetable oil markets provided support. “The most important variable for the canola market is trends in the global vegetable oil markets,” said Mike Jubinville of ProFarmer Canada, noting tight

Crops, Markets

ICE weekly outlook: Canola watches weather amid uptick in price

By Dave Sims, GFM Network News October 19, 2016

CNS Canada –– Canola futures burst through the psychologically-important $500 per tonne mark during the week ended Wednesday, but now face a critical juncture as weather and time will dictate how much of the remaining crop farmers can get off before winter. “Harvest prospects don’t look that great right now as it doesn’t dry up

Crops, Markets

U.S. grains: Soybeans climb one per cent, led by veg oils

By GFM Network News, Julie Ingwersen October 17, 2016

Chicago | Reuters — Front-month U.S. soybean futures rose more than one per cent on Monday, hitting a three-week high on export demand and renewed strength in global vegetable oil markets, analysts said. Wheat futures firmed on fund short covering while corn closed nearly unchanged. At the Chicago Board of Trade, benchmark November soybean futures

Crops, Markets

ICE weekly outlook: Canola establishes range

By Dave Sims, GFM Network News June 15, 2016

CNS Canada –– ICE Futures Canada canola suffered small losses during the week ended Wednesday, with both the July and November contracts chopping around the $520 per tonne mark. Losses in the Chicago Board of Trade (CBOT) soy complex weighed on canola. However, it lagged the U.S. market while receiving support from declines in the

Crops, Markets

ICE weekly outlook: Canola hits $500, watching volumes

By Dave Sims, GFM Network News May 4, 2016

CNS Canada — ICE Futures Canada canola contracts seem to have found a new range during the week ended Wednesday, with both the July and November contracts lifting around the $500 per tonne mark. Weakness in the Canadian currency and a dry weather premium in Western Canada were behind a lot of the support. As

Replacing butter with vegetable oils might not be as healthy as originally thought.

Did you know?, News

Did butter get a bad rap?

It’s not health food, but butter may be healthier than other options  like high-linoleic acid oils

By Manitoba Co-operator Staff April 25, 2016

Butter might be better. Since the 1960s, consumers have been told to swap butter and other saturated fats with “heart healthy” options like vegetable oils high in linoleic acid. Now a re-examination of previously unpublished data from the study that first made that claim is casting doubt. Researchers at the University of North Carolina School

Crops, Markets

ICE weekly outlook: Canola drops amid widespread pressure

By Dave Sims, GFM Network News March 2, 2016

CNS Canada — ICE Futures Canada canola contracts suffered significant losses during a volatile week ended Wednesday. While futures managed to recover off their fresh contract lows hit during the week, the overall technical bias remained pointed lower. Weakness in the U.S. soy complex and vegetable oil market were joined by strength in the Canadian

Crops, Markets

Canola crush margins hit best levels in months

By GFM Network News, Phil Franz-Warkentin December 3, 2015

CNS Canada –– Canola crush margins have improved considerably over the past few weeks, hitting levels not seen in over six months, as vegetable oil prices rose and the Canadian dollar dropped. Crush margins provide an indication of the profitability of the product values relative to the seed cost when processing canola, with exchange rates

Daily Network News

U.S. grains: Chicago soybeans dip in choppy trading as Greenland dispute and global supply weigh

U.S. livestock: Cattle rally after screwworm scare

Agriculture Minister hosts agriculture leaders, launches policy framework talks

Tag Archives vegetable oil

Strengthening loonie beats strengthening vegetable oil

Conagra to sell Wesson oil brand to Smucker

ICE weekly outlook: Canola faces supply questions

ICE weekly outlook: Canola watches weather amid uptick in price

U.S. grains: Soybeans climb one per cent, led by veg oils

ICE weekly outlook: Canola establishes range

ICE weekly outlook: Canola hits $500, watching volumes

Did butter get a bad rap?

ICE weekly outlook: Canola drops amid widespread pressure

Canola crush margins hit best levels in months

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