Markets

Glacier FarmMedia — ICE canola futures were stronger Wednesday morning, seeing follow-through buying interest after Tuesday’s correction off nearby lows. Oversold price signals on the charts contributed to the gains, with end user bargain hunting also thought to be supportive. Improving cash basis levels in the countryside suggest steady commercial buying in the face of

By Glen Hallick, MarketsFarm Glacier FarmMedia MarketsFarm – Intercontinental Exchange canola futures found strength on Tuesday, turning around after a series of losses over the last week. Bargain hunting helped to push canola higher, despite pressure from losses in the Chicago soy complex, MATIF rapeseed and crude oil. Malaysian palm oil was relatively steady. The

By Glen Hallick Glacier FarmMedia | MarketsFarm – There were gains in canola on the Intercontinental Exchange mid-morning Tuesday, but they came away from session highs in choppy activity. A trader said there was talk of possible canola sales, but he wasn’t sure of the quantity or the destination. He also said there’s trendline support

Glacier FarmMedia — ICE canola futures were holding onto small gains Tuesday morning, seeing a modest correction after hitting its weakest levels in two months on Monday. • Oversold price sentiment, end user bargain hunting and a lack of significant farmer selling pressure were supportive. • The United States Department of Agriculture will release its