Insights and Stories on Oilseeds

May. 4, 2022 at 7:45 pm CDT

MarketsFarm — ICE Futures canola contracts saw a sharp downward correction in early trading days of May, after setting all-time highs in April. While the correction was long overdue, underlying supportive influences remain in place and the market could be due for some sideways trade as participants now wait to […]

By Phil Franz-Warkentin

May. 2, 2022 at 9:29 am CDT

By Adam Peleshaty Glacier FarmMedia staff Drought conditions in Canada and the United States, as well as rising input costs were just two factors fuelling the rise of conventional crop prices over the past year. As a result, the rising prices have caused some organic growers to strongly consider switching […]

By OrganicBiz

Apr. 28, 2022 at 5:53 pm CDT

The declarations of eligibility western Canadian farmers sign before delivering to elevators, effective Aug. 1, will no longer include crops that don’t require end-use quality assessment as part of the variety registration process. “It’s not a big change,” Canadian Grain Commission (CGC) spokesman Remi Gosselin said in an interview Thursday. […]

By Allan Dawson

Apr. 27, 2022 at 9:31 pm CDT

MarketsFarm — Canola prices, along with other edible oils, received a strong boost on Wednesday due to sharp upticks in Malaysian palm oil values. Canola futures have also received support from a bullish forecast this week from Statistics Canada on planted acres for this spring. Despite the Indonesian government stating […]

By Glen Hallick - MarketsFarm

Apr. 27, 2022 at 5:16 pm CDT

Chicago | Reuters — U.S. soyoil futures surged to a record high on Wednesday after Indonesia broadened its export ban on raw materials for cooking oil to fight food inflation, traders said. “The move dramatically tightens an already tight global supply of edible oils that saw global prices surge when […]

By Mark Weinraub