Analysts advise making sales into canola rally


ICE Futures Canada canola contracts remained pointed higher during the week ended Feb. 24, as bullish technicals and solid end-user demand kept values well supported. Canola has moved higher every week for the past month, and while every advance heightens the chance of a profit-taking correction, that inevitable downturn has yet to rear its head.[...]

Expect canola industry to seek even more acres


ICE Futures Canada canola contracts remained pointed decidedly higher during the week ended Feb. 17, showing no real signs of slowing down. Similar gains in the Chicago soy complex did provide some underlying support to the Canadian futures, but canola was also benefiting from its own bullish fundamental and technical factors. Depending on the chart[...]