ICE March 2020 canola with 20-, 50- and 100-day moving averages. (Barchart)

ICE weekly outlook: Canola stronger at midweek

MarketsFarm — Canola was “well supported” at midweek, bolstered by strength in comparable vegetable oils and relative weakness in the Canadian dollar. Chicago soy was underpinned by strong export demand and the expectation that the U.S. and China will sign Phase One of their trade deal next week. However, with heightened geopolitical tension in the […] Read more