Insights and Stories on Palm Oil

U.S. grains: Corn highest since 2013

Apr. 22, 2021 at 8:31 pm CDT

Chicago | Reuters — U.S. corn, wheat and soybean futures hit multi-year highs on Thursday as concerns about tightening global grain supplies triggered short-covering and fund-driven buying, analysts said. Nearby Chicago Board of Trade corn futures closed up their daily 25-cent limit (all figures US$). Front-month CBOT wheat rose above […]

U.S. grains: Soybean futures drop as soyoil crumbles

Apr. 12, 2021 at 6:27 pm CDT

By Mark Weinraub

U.S. grains: Storms forecast for Plains drive wheat to one-month low

Mar. 12, 2021 at 4:22 pm CST

By Julie Ingwersen

U.S. grains: Wheat down on forecasts for Plains moisture

Mar. 11, 2021 at 4:32 pm CST

By Julie Ingwersen

Dairy farmers asked to pass on palm byproducts in rations, for now

Feb. 26, 2021 at 4:42 am CST

By Dave Bedard

ICE weekly outlook: How long can canola remain well supported?

Feb. 4, 2021 at 3:19 am CST

MarketsFarm — Despite recent declines in canola prices, the Canadian oilseed remains very well supported, according to Errol Anderson of Market Place Communications in Calgary. The question he posed, though, was for how long can this last? “The market is incredibly well supported because of the lack of deliveries and […]

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Corn is the leader

Jan. 27, 2021 at 5:48 pm CST

MarketsFarm — Over the last week at the Chicago Board of Trade (CBOT) corn has been leading soybeans, while wheat has been lacking good exports, according to Ryan Ettner, broker with Allendale Inc. in Fort McHenry, Ill. Ettner said he also expects the situation is very likely to continue, barring […]

By Glen Hallick - MarketsFarm

Cream of Wheat maker to buy Crisco line from Smucker

Oct. 27, 2020 at 3:00 am CDT

The U.S. company behind the Crisco brand of cooking oils and shortenings is selling that product line to the maker of Cream of Wheat cereal and Green Giant vegetables. New Jersey-based B+G Foods announced Monday it will buy the Crisco product lines from Ohio-based J.M. Smucker for about US$550 million […]

By Dave Bedard

ICE weekly outlook: Canola rebounds on U.S. futures support

Sep. 30, 2020 at 5:40 pm CDT

MarketsFarm — After a week of steady losses canola prices surged back Wednesday, catching ample spillover support from the Chicago Board of Trade (CBOT). That support in turn was derived from two new reports from the U.S. Department of Agriculture (USDA). The report on grain stocks as of Sept. 1 […]

By Glen Hallick - MarketsFarm

ICE weekly outlook: Canola could break out of range

Jan. 2, 2020 at 4:15 pm CST

MarketsFarm — With canola now near the top end of its range, prices could break out of being rangebound in the next several days, according to an analyst. Canola has made gains over the last month or so, largely due to spillover from increasing prices for soyoil on the Chicago […]

By Glen Hallick - MarketsFarm

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