GFM Network News

ICE July canola with 20- and 100-day moving averages and CBOT July 2020 soyoil (blue line). (Barchart)

ICE weekly outlook: Canola steady at midweek

Spring seeding more or less underway

MarketsFarm — After showing considerable strength in prior trading sessions, canola contracts were either side of unchanged at midweek. David Derwin of P.I. Financial in Winnipeg said canola was holding steady in comparison to other vegetable oils. “There’s general weakness in other markets, but canola hasn’t had too much of a move,” he said. Considerable […] Read more