Canola's rise comes as buyers have moved in while farmers have backed off sales. Farmers tend to sell less in the last weeks of December if their fiscal year ends on Dec. 31, and then sell more heavily in early January.
Tag Archives closing markets
ICE canola futures jump on speculative buying
U.S. livestock: CME lean hogs end flat, demand for US pork underpins prices
Chicago Mercantile Exchange lean hog futures finished flat on Tuesday as strong demand for U.S. pork underpinned the market a day after federal data showed the nation's herd was slightly bigger than expected, analysts said.
U.S. grains: Soy futures extend recovery from four-year low hit last week
Chicago Board of Trade soybean futures finished higher on short covering on Tuesday as the market extended a rebound from a four-year low reached last week.
U.S. livestock: Live cattle mixed, feeder cattle firm on technical trading
Chicago Mercantile Exchange (CME) live cattle futures were mixed on Monday, with nearby contracts turning lower as traders adjusted their positions after a neutral government supply report last week, market analysts said.
U.S. grains: Soybeans ease, grains rise, on choppy day of trading
Chicago Board of Trade soybean futures turned lower on a choppy, lower-volume session on Monday, as weakness in the energy market and mild weather forecasts for Brazil's oilseed crop weighed on prices, market analysts said.
U.S. livestock: Cattle futures rise on fund buying
Chicago Mercantile Exchange (CME) live and feeder cattle contracts edged higher on Friday as commodity funds added to their net long positions amid near-record cash cattle prices and no signs of a herd rebuild, analysts said.
U.S. grains: Soybeans extend gains in technical rebound, wheat hits new lows
Chicago soybean futures rose on Friday, driven by short-covering ahead of the weekend and technical buying, after forecasts for a bumper South American crop sent soy futures plunging to a four-year low a day earlier.
U.S. grains: Soybeans rebound after sinking to a new four-year low
Chicago soybean futures rebounded on technical buying on Thursday after plunging to a four-year low, while wheat fell to lifetime lows as a strong dollar added to concerns about competition from other exporting zones, traders said.
U.S. livestock: Cattle futures tick down on weak equity markets
Chicago Mercantile Exchange (CME) live and feeder cattle contracts slid on Thursday as weakness in equities, a strong dollar and technical trading pressured futures, analysts said.
U.S. livestock: Cattle futures tip down on profit-taking
Chicago Mercantile Exchange (CME) cattle contracts slid on Wednesday as profit-taking, a stronger dollar and a selloff across agricultural commodities weighed on futures, analysts said.
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