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Farms.com Home  › News

ICE Close: Canola Adds to Previous Day’s Gains

Canola futures closed higher for the second straight day on Wednesday, adding to the gains from the previous day. 

The canola market was closed on Monday to mark Remembrance Day when the Chicago soy complex shot higher on Brazilian weather problems. Soybeans and soymeal were lower today, although soyoil managed gains.  

After posting heavy losses in September and October, the canola market is recovering alongside other vegetable oils, including palm and soy. 

January canola was up $5.60 at $719.50, March was $4.80 higher at $725.10, and May gained $5.10 to $728.50. 

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Border View Farms is a mid-sized family farm that sits on the Ohio-Michigan border. My name is Nathan. I make and edit all of the videos posted here. I farm with my dad, Mark and uncle, Phil. Our part-time employee, Brock, also helps with the filming. 1980 was our first year in Waldron where our main farm is now. Since then we have grown the operation from just a couple hundred acres to over 3,000. Watch my 500th video for a history of our farm I filmed with my dad.

I started making these videos in the fall of 2019 as a way to help show what I do on a daily basis as a farmer. Agriculture is different from any other industry and I believe the more people that are showing their small piece of agriculture, helps to build our story. We face unique challenges and stressful situations but have some of the most rewarding payoffs in the end. I get to spend everyday doing what I love, raising my kids on the farm, and trying to push our farm to be better every year. I hope that I can address questions or concerns that you might have about farms and agriculture.

 
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