Insights and Stories on Crude Oil

Nov. 16, 2022 at 5:49 pm CST

Chicago | Reuters — U.S. soybean futures fell nearly two per cent on Wednesday, anchored by a profit-taking plunge in soyoil and crude oil futures, traders said. Wheat and corn futures declined on optimism about an extension of a deal to protect Black Sea exports, and as fears eased that […]

By Julie Ingwersen

Nov. 14, 2022 at 5:20 pm CST

Chicago | Reuters — Chicago soybean and corn futures fell on Monday on spillover pressure from crude oil along with uncertainty about export demand for U.S. supplies of both crops, analysts said. But wheat futures rose on signs of global export demand while traders continued to monitor prospects for the […]

By Julie Ingwersen

Nov. 12, 2022 at 2:59 am CST

Chicago | Reuters — Chicago wheat, corn and soybeans rose on Friday, underpinned by strong commodities and equities markets, as well as hopes that China’s easing of COVID-19 restrictions could boost demand. Soybeans bounced on hopes that China’s move to ease some COVID-19 curbs might spur economic activity, potentially boosting […]

By P.J. Huffstutter

Sep. 28, 2022 at 4:52 pm CDT

MarketsFarm — As Malaysian palm oil futures tumbled to 20-year lows during the week of Sept. 26, they have put a lot of pressure on canola prices, analyst Errol Anderson of ProMarket Communications in Calgary said. However, he said, the Canadian dollar has been the backstop that kept the oilseed […]

By Glen Hallick - MarketsFarm

Sep. 19, 2022 at 6:44 pm CDT

Chicago | Reuters — Chicago wheat fell on Monday on an expected increase in Russia’s crop that will compete with U.S. exports, already hampered by a strong U.S. dollar, traders said. Soybeans were underpinned by Chinese export demand, while corn ended up slightly after two-sided trade on broader economic uncertainty. […]

By Christopher Walljasper