Markets

Reading Time: < 1 minute SOYBEAN futures at the Chicago Board of Trade were stronger on Wednesday, shrugging off sharp losses in crude oil, which managed to move away from its lows. United States President Donald Trump offered a 15-point plan to Iran for a ceasefire, which initially saw crude oil drop hard. However, Iran rejected the proposal and crude […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures were higher on Wednesday, due to sharp increases in Chicago soyoil and soybeans. Additional support came from upticks in most MATIF rapeseed contracts.   Steep declines in crude oil had little effect on most vegetable oils, with losses in Malaysian palm oil. An analyst said […] Read more

Reading Time: < 1 minute By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were posting small increases mid-session Wednesday, getting spillover support from strong gains in Chicago soyoil. The gains in both vegetable oils were running contrary to the sharp declines in crude oil. “The market is trying to get its head around Trump’s 15-point plan,” […] Read more

Reading Time: < 1 minute      Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, taking back Tuesday’s gains as losses in crude oil spilled into the oilseed markets. Claims by the Trump administration that progress was being made on ceasefire talks with Iran were enough to send crude oil values falling on Wednesday, despite a lack of confirmation […] Read more

Reading Time: 2 minutes SOYBEAN futures at the Chicago Board of Trade failed to finish positive amid hikes in crude oil on Tuesday.   AgMarket.net projected United States farmers to plant 86.10 million acres of soybeans this spring, compared to the U.S. Department of Agriculture’s current estimate of 81.20 million in 2025/26. The department is set to release its […] Read more