Insights and Stories on Soyoil

U.S. grains: Corn, soyoil boosted by rising energy prices

Sep. 27, 2023 at 4:06 pm CDT

Reuters — Chicago corn futures rose on Wednesday, rebounding from losses a day earlier, as ethanol feedstock enjoyed a boost from a rise in energy prices that also lifted soyoil futures, analysts said. Wheat futures fell at the Chicago Board of Trade, and K.C. hard red winter wheat futures hit […]

Richardson canola oil on a bottling line.

July canola crush sets new records

Aug. 24, 2023 at 6:36 pm CDT

By MarketsFarm

ICE weekly outlook: Canola following soyoil’s lead

Aug. 23, 2023 at 5:41 pm CDT

By Adam Peleshaty - MarketsFarm

USDA June soybean crush seen at 175.5 million bushels

Jul. 31, 2023 at 9:49 am CDT

By Karl Plume

U.S. grains: Soy soars after USDA slashes plantings estimate

Jun. 30, 2023 at 7:28 pm CDT

By Julie Ingwersen

U.S. to boost biofuel mandates over next three years

Jun. 22, 2023 at 1:29 pm CDT

Reuters — The Biden administration on Wednesday increased the amount of biofuels that oil refiners must blend into the United States’ fuel mix over the next three years, but the plan has angered the biofuel industry, which says mandates for corn-based ethanol and biodiesel are not high enough. The U.S. […]

By Jarrett Renshaw Stephanie Kelly

ICE weekly outlook: Canola market rising into summer

Jun. 21, 2023 at 8:01 pm CDT

MarketsFarm — ICE Futures canola contracts have climbed steadily higher since their late-May lows, nearing chart resistance to the upside on the first day of summer. Updated renewable fuel targets released by the U.S. Environmental Protection Agency failed to live up to expectations, sparking a speculative selloff in soyoil. While […]

By Phil Franz-Warkentin

U.S. grains: Corn, soy futures soar on dry weather worries

Jun. 15, 2023 at 5:55 pm CDT

Chicago | Reuters — U.S. corn futures hit their highest levels in nearly two months and soybeans hit a one-month high on Thursday as forecasts for continued dry weather in portions of the Midwest crop belt raised concerns about yield prospects, analysts said. Chicago Board of Trade (CBOT) wheat futures […]

By Julie Ingwersen

ICE weekly outlook: Unclear where canola wants to go

May. 17, 2023 at 6:47 pm CDT

MarketsFarm — While the ICE Futures canola market declined during the week ended Wednesday, the oilseed has been affected by a mixture of supports and pressures, according to commodities futures advisor David Derwin of PI Financial in Winnipeg. The July canola contract dropped $20.60 per tonne during the week to […]

By Adam Peleshaty

CBOT weekly outlook: Argentina estimates lowered, but attention soon shifting north

Mar. 8, 2023 at 8:10 pm CST

MarketsFarm — Sizeable reductions to Argentina’s soybean and corn crops were confirmed in the latest supply/demand estimates (WASDE) from the U.S. Department of Agriculture, with more reductions likely in future reports. However, attention in the markets is starting to shift to North American weather, with spring seeding just around the […]

By Phil Franz-Warkentin

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