Insights and Stories on Soyoil

Mar. 1, 2022 at 6:52 pm CST

Chicago | Reuters — Chicago Board of Trade wheat futures soared by the daily limit to their highest level in almost 14 years on Tuesday as traders feared prolonged disruptions to global supplies following Russia’s invasion of fellow grain exporter Ukraine. Soyoil futures set an all-time high on worries over […]

By Tom Polansek

Dec. 30, 2021 at 9:14 am CST

MarketsFarm – There was a first for canola on Dec. 29, in that three contracts exceeded C$1,000 per tonne at the same time. In the sharp upswing during that Wednesday morning on the Intercontinental Exchange, the nearby January, March and May canola contracts respectively reached new highs with the former […]

By Glen Hallick - MarketsFarm

Dec. 22, 2021 at 6:31 pm CST

MarketsFarm — The canola trading week starting Tuesday (Dec. 28) will be a short one and Keith Ferley of RBC Dominion Securities said anything can happen. “I don’t know if we’re going to see that with computer trading. Volumes usually lighten up, but nothing is normal in this COVID world,” […]

By Glen Hallick - MarketsFarm

Dec. 15, 2021 at 7:28 pm CST

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade are expected to hold relatively rangebound over the next few weeks, although year-end positioning and thinner holiday volumes could lead to some volatility. General unwinding of spreads and fund profit-taking were weighing on prices in mid-December, Sean Lusk […]

By Phil Franz-Warkentin

Dec. 14, 2021 at 4:09 pm CST

Chicago | Reuters — U.S. soybean futures rose about one per cent on Tuesday as soymeal futures soared on expectations of rising demand for the high-protein feed ingredient, analysts said. Chicago Board of Trade soymeal futures gained sharply against soyoil futures on meal/oil spreading, with soyoil falling to six-month lows […]

By Julie Ingwersen