Reading Time: 4 minutes A potential U.S.-China trade war has American soybean growers anxiously watching the horizon, but it looks like smooth sailing for canola markets. “Canola is a high-quality oil that processors would use more of if they could get their hands on it. This does encourage more growth and also the increase of crush capacity we’ve seen […] Read more
While U.S. soybean growers fret, canola keeps shining
China has stopped buying American soybeans, while canola trade is comfortably boring
CBOT weekly outlook: Corn and soybean markets quietly await USDA reports
CNS Canada – Corn and soybean contracts are remaining quiet at the Chicago Board of Trade (CBOT) as traders await United States Department of Agriculture (USDA) reports due out next week. “(The report is) a big one. I guess most (people are) and I am too looking for a little bit bearish numbers again,” said […] Read more
Speculative buying sees canola prices firm up
Winnipeg | CNS Canada – ICE Canada canola prices bounced around within a wide range during the week ended November 17, but finished on a firmer note as a rally in Chicago Board of Trade soybeans gave canola a boost. Any strength was largely tied to chart-based speculative buying, with no real fresh fundamental news […] Read more
Pearce: Short-term price rally may be just that
In most circumstances in business and farming, the saying “slow and steady wins the race” is true more often than not. Since the start of 2014, farmers have been hearing about a downturn in commodity prices. A high carryout from the 2013 crop in the U.S. (and continued growth in other parts of the world) […] Read more
Cyber-Savvy Farmer
