North American Grain and Oilseed Review:Canola gets a boost from China

Increases for U.S. soy, corn, wheat

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures close higher on Thursday but stepped back from exceeding their resistance levels. Resistance for the March and May contacts are seen as being C$670 and C$680 per tonne, respectively. News that China extended its investigation into alleged canola dumping by Canada to March 9, and […] Read more



ICE Canola Midday: China news spurs increases

By Glen Hallick Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Thursday morning, following news on China’s investigation into alleged canola dumping by Canada. The Chinese Ministry of Commerce said on Thursday that it’s extending its probe into the allegations to March 9 and will make a “fair and final ruling” […] Read more



ICE canola rising Thursday morning

     Glacier FarmMedia — ICE canola futures were firm Thursday morning, finding spillover support from advances in outside markets. The Chicago soy complex was boosted by optimism over improving trade relations between China and the United States. However, large Brazilian crop prospects tempered the upside in beans. European rapeseed futures were also higher, while Malaysian […] Read more



Detail from the front of the CBOT building in Chicago. (Vito Palmisano/iStock/Getty Images)

U.S. grains: Soybeans turn higher as traders weigh China demand; wheat climbs

Chicago | Reuters – Chicago soybean futures turned higher on Wednesday on technical buying and continued hopes of stronger Chinese demand, analysts said, with the benchmark contract heading back toward a two-month peak set last week. Wheat rose on what appeared to be fund-driven short-covering, while corn futures sagged in choppy trade. Chicago Board of […] Read more

Canadian Financial Close: Loonie down, crude oil rises

Glacier FarmMedia – The Canadian dollar showed a decline on Wednesday despite crude oil prices moving upward.      The loonie closed at US$0.7367 or US$1=C$1.3574, compared to US$0.7383 or US$1=C$1.3544 on Tuesday.      The United States Dollar Index gained 0.13 of a point at 96.93.      Crude oil prices were higher after U.S. President Donald […] Read more