Insights and Stories on Oilseeds

Apr. 22, 2022 at 5:28 pm CDT

Jakarta | Reuters — Indonesia, the world’s top palm oil producer, announced plans to ban exports of the most widely used vegetable oil on Friday, in a shock move that could further inflame surging global food inflation. The halting of shipments of the cooking oil and its raw material, widely […]

By Fransiska Nangoy

Apr. 20, 2022 at 6:29 pm CDT

MarketsFarm — The ICE Futures canola market climbed to fresh contract highs once again during the week ended Wednesday, although profit-taking at those highs did slow the advances. While additional corrections are possible, both the underlying fundamentals and technical remain supportive. “This is the bull market of all time in […]

By Phil Franz-Warkentin

Apr. 13, 2022 at 6:29 pm CDT

MarketsFarm — ICE Futures canola values sit high atop a precipice, tittering toward a steep drop. One recourse for canola is to bank on prices for soyoil and soymeal on the Chicago Board of Trade (CBOT) to rise sharply in the near future — or take that step off its […]

By Glen Hallick - MarketsFarm

Mar. 23, 2022 at 3:54 pm CDT

MarketsFarm — ICE Futures canola contracts climbed to their highest levels ever during the week ended Wednesday before running into some profit-taking resistance. Its general uptrend remains intact for the time being, but a downturn is also inevitable. The nearby May canola contract hit a session high of $1,177.80 per […]

By Phil Franz-Warkentin

Mar. 16, 2022 at 5:19 pm CDT

MarketsFarm — Although canola prices closed lower on Wednesday, the Canadian oilseed is seen as still likely to grind higher in the coming weeks. “The charts and the patterns that have developed, and are still in place for canola, have been kind of the same for the past few months. […]

By Glen Hallick - MarketsFarm