Farms.com Home   News

ICE Close: Canola Hits Three-Week Lows

Canola futures fell to their lowest levels in three weeks on Monday, testing key chart support as speculative selling weighed on prices.
 
Losses in Chicago Board of Trade soyoil and the ongoing strike at Canadian National Railway added to the bearish tone, according to participants.
 
However, good demand from domestic crushers provided some underlying support. A softer tone in the Canadian dollar also helped underpin the market.
Click here to see more...

Trending Video

Soil Management During Drought

Video: Soil Management During Drought

Brian Arnall, OSU Extension soil nutrient specialist, has soil fertility advice during these dry planting conditions.