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ICE weekly outlook: Canola values trading in a range

MarketsFarm – Canola has remained trading in a range for most of the week, with short coverings a feature in trading. Canola values have been well-supported by Malaysian palm oil values, which were stronger for most of the week due to tight supplies and lowered production. On Tuesday, benchmark palm oil contracts hit their highest

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ICE weekly outlook: Canola bids return to being range-bound

MarketsFarm – Until the New Year expect canola bids to remain range-bound much like it was during the summer, according to one Winnipeg-based analyst. “Canola going C$10 lower isn’t out of the question,” commented David Derwin, commodity portfolio manager with PI Financial. Below normal temperatures on the Prairies coupled with rain and snow have provided