Big supplies still sit heavy on canola values

Weekly grain market report for week ending Nov. 15

ICE Futures Canada canola held rangebound for the most part during the week ended Nov. 15, but dropped sharply on Friday to settle with losses overall. The January contract tested the psychological $500-per-tonne level a couple of times during the week, but never managed to settle above that chart point. A firmer tone in the

Chinese state media kick into high gear to ease GMO food fears

China’s state media are working overtime to persuade the public that genetically modified food is safe, apparently softening up the population for a policy switch to allow the sale of such food to ensure its 1.35 billion people have enough to eat. In the past 30 years, China’s urban population has jumped to about 700


REFILE-GRAINS-Corn firms, extends 2-day gains to 1.5 pct on bargain-buying

(Removes extraneous word from headline) SYDNEY, Nov 20 (Reuters) - U.S. corn futures rose for the second straight session on Wednesday, extending gains to more than 1.5 percent on technical-buying and bargain-hunting after prices hit a three-year low the day before. FUNDAMENTALS * Chicago Board of Trade December corn climbed 0.18 percent to $4.18-1/2 a