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

ICE weekly outlook: Rangebound canola vulnerable to losses

MarketsFarm — ICE Futures canola contracts moved lower during the week ended Wednesday and may have more room to the downside, despite persistent harvest delays across Western Canada. “Overall, we’re still rangebound, but we’re going to the lower part of the trading window,” said analyst Errol Anderson of Pro Market Communications in Calgary. “Canola is […] Read more

CBOT December 2019 corn with 20-, 50- and 200-day moving averages. (Barchart)

U.S. grains: Harvest pace drags on corn, soybeans

Chicago | Reuters — U.S. soybean futures ended flat on Wednesday as optimism that China would significantly increase U.S. export purchases after offering to waive tariffs was overshadowed by a lack of confirmed buying and an accelerating U.S. harvest. Corn was also flat on harvest pressure and limited demand, while wheat firmed in a modest […] Read more





CME February 2020 lean hogs, with 20-, 50- and 100-day moving averages. (Barchart)

U.S. livestock: Lean hogs end mostly higher

Chicago | Reuters — U.S. lean hog futures closed mostly higher on Monday as hopes for rising demand for U.S. pork exports, particularly from China, more than offset near-term pressure from plentiful hog supplies. Investor caution kept hog futures in a narrow trading range following a roller-coaster session on Friday in which the market surged […] Read more