North American Grain and Oilseed Review:Canola backs away from resistance

U.S. soybeans, wheat improve as corn dips

By Glen Hallick Glacier FarmMedia – Intercontinental Exchange canola futures closed lower on Wednesday, getting pressure from losses in Chicago soyoil, MATIF rapeseed and Malaysian palm oil. Increases in crude oil helped to temper further declines in the vegetable oils. A trader said canola turned lower, he continued, because prices were beginning to dissuade purchases […] Read more


ICE canola lower at midday Wednesday

Glacier FarmMedia — ICE Futures canola contracts were weaker at midday Wednesday in heavy volumes, correcting off nearby highs. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne on Tuesday. Losses in Chicago soybeans and soyoil accounted for some additional spillover selling […] Read more

ICE canola weaker Wednesday morning

     Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, seeing a modest correction off the two-and-a-half month highs hit Tuesday. Chart-based positioning was a feature, as the March contract ran into technical resistance at its 200-day moving average around C$667 per tonne. Losses in Chicago soybeans accounted for some additional spillover selling pressure. […] Read more


Global Markets: Carney, Trump discuss Gordie Howe bridge

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. During a Tuesday phone call, Canadian Prime Minister Mark Carney told President Trump that the Gordie Howe International Bridge is a “great example of co-operation” between their countries. Trump threatened to refuse to […] Read more




Photo: Greg Berg

U.S. livestock: Chicago cattle and hogs slide back

Chicago Mercantile Exchange cattle and hog futures slipped back on Tuesday. Most-active April live cattle contracts lost 0.775 cents to close at 237.425 cents a pound. June futures settled at 233.800 cents a pound, down 0.525 cents. Most-traded March feeder cattle futures closed at 364.775 cents a pound, down 2.675 cents. April feeders settled at […] Read more