Markets

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were higher on Wednesday as the oilseed recovered some of its losses from Tuesday. An analyst said canola underwent a market correction as some believed futures were oversold. He also said rising soybean prices could also be supporting canola. Chicago soyoil was down, but European rapeseed […] Read more

Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, seeing a modest correction after Tuesday’s selloff. Bargain hunting at the lows and ideas the losses were overdone from a chart standpoint contributed to the early advances. Chinese anti-dumping tariffs set to come into effect on Thursday will effectively halt demand from Canada’s largest customer […] Read more

Glacier FarmMedia – Canola futures on the Intercontinental Exchange had its worst day in recent memory on Tuesday. China announced earlier today it will impose a 75.8 per cent preliminary anti-dumping duty on Canadian canola starting Thursday. Prices fell by more than C$40 per tonne but made a small recovery before the end of the […] Read more