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North American grain/oilseed review: Canola up with speculative positioning to end week

Glacier FarmMedia — The ICE Futures canola market was stronger on Friday, as chart-based positioning ahead of the weekend provided support. The January canola contract was back above its 20- and 50-day moving averages, which underpinned values from a chart standpoint. Gains in Chicago soybeans and soyoil provided spillover support, with European rapeseed also higher […] Read more



ICE canola rising going into weekend

Glacier FarmMedia – Canola futures on the Intercontinental Exchange made solid gains on Friday morning, supported by positive momentum from most comparable oils. Chicago soyoil and European rapeseed were higher, while Malaysian palm oil was lower. Crude oil prices were up despite negative sentiment during the week. The Canadian dollar added one quarter of a […] Read more



Cattle on a feedlot. PHOTO: FILE

U.S. livestock: Cattle futures slow descent

Chicago cattle futures fell on Thursday but to a lesser degree compared to Wednesday’s limit-down drop. Most-active December live cattle closed down 1.750 cents to 218.775 cents per pound. February contracts settled at 216.750 cents a pound, down 1.375 cents. Most-active January feeder contracts closed down 4.375 cents at 315.600 cents a pound. March contracts […] Read more