North American Grain and Oilseed Review: Canola turns weaker

Losses across the board in Chicago

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures fell back on Wednesday, getting pressured by profit-taking and declines in comparable oils. The Chicago soy complex was down hard while losses in MATIF rapeseed and Malaysian palm oil were more moderate. A downturn in crude oil was also felt in the vegetable

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CBOT weekly: Soybeans watching export news

Soybean futures at the Chicago Board of Trade climbed to their highest levels in a year-and-a-half on Nov. 18, as optimism over increasing sales to China provided support. However, more business will be needed to sustain the upward move, with traders uncertain whether the stated targets will be reached.





ICE Canola Midday: Profit taking, soy weakness weigh on prices

By Glen Hallick Glacier FarmMedia | MarketsFarm – Intercontinental Exchange canola futures were falling back on Wednesday morning, pulled down in part by profit-taking, a trader said. The trader also pointed to the weakness in the Chicago soy complex weighing on canola values. Also, declines in MATIF rapeseed and Malaysian palm oil were pressuring the

Global Markets: Russian barrage kills 19 in Ukraine

By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. At least 19 people are dead after Russia bombarded Ukraine with about 520 drones and missiles overnight Tuesday. Dozens more people were wounded as the barrage struck Ternopil in the western part of


ICE canola correcting lower Wednesday morning

Glacier FarmMedia — ICE canola futures were weaker Wednesday morning, backing away from nearby highs as speculators booked profits. Losses in the Chicago soy complex accounted for some spillover selling pressure, with European rapeseed and Malaysian palm oil futures also lower on the day. A lack of significant export demand contributed to the declines, as