ICE Canada Morning Comment: More gains for canola

Spillover support from most comparable oils

By Glen Hallick Glacier Farm Media MarketsFarm – Intercontinental Exchange canola futures continued to climb higher Wednesday morning, on solid end-user demand and chart-based positioning. Canola’s recovery pushed the May contract closer to its 20-day moving average, while it remained well back of its other major averages. Additional support for the Canadian oilseed came from […] Read more











ICE canola rising at midday Tuesday

By Phil Franz-Warkentin Glacier FarmMedia | MarketsFarm — ICE Futures canola contracts were stronger at midday Tuesday, seeing a continued correction higher amid oversold conditions. Cash basis levels in the countryside and the ports have improved lately, which an analyst saw as a sign that recent weakness in the futures was tied more to speculative […] Read more