Insights and Stories on Soybeans

May. 1, 2020 at 1:50 pm CDT

Read more: Organic bids holding steady amid global uncertainty

By OrganicBiz

Apr. 29, 2020 at 4:43 pm CDT

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, holding above major support as end-users showed solid demand. “The demand side of the formula is still quite good,” said Errol Anderson, of Pro Market Communications in Calgary. Domestic crushers were showing the best demand, he said, […]

By Phil Franz-Warkentin

Apr. 14, 2020 at 7:37 pm CDT

MarketsFarm — Fund traders were on both sides of the canola market during the first week of April, reducing their net short position slightly, according to the latest commitment of traders (CoT) report from the U.S. Commodity Futures Trading Commission (CFTC). The net managed money short position in ICE Futures […]

By Phil Franz-Warkentin

Apr. 9, 2020 at 1:57 pm CDT

MarketsFarm — As has often been the case, February 2020’s oilseed crush was lower than January’s, according to Statistics Canada’s latest report released Thursday. More than 812,600 tonnes of canola were crushed in February, down 4.9 per cent from January. Also, there were 144,260 tonnes of soybeans crushed in February, […]

By Glen Hallick - MarketsFarm

Apr. 9, 2020 at 1:07 pm CDT

Chicago | Reuters — The U.S. Agriculture Department raised its outlook for domestic supplies of corn on Thursday on expectations for reduced usage by ethanol producers, as demand for the alternative fuel has been cratering due to the spread of the COVID-19 coronavirus. The government also bumped up its wheat […]

By Mark Weinraub