Photo: Greg Berg

ICE canola weekly outlook: Off lows, but sideways trade likely

Canola futures trended higher during the week ended Oct. 15, with the November contract settling above its 20-day moving average for the first time in nearly a month. Optimism over thawing trade relations with China contributed to the gains, although the lack of any concrete movement to end the stiff tariffs on Canadian canola seed or oil tempered the advances.







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U.S. livestock: Feeder cattle hit contract highs on tight supply

Chicago | Reuters – All Chicago Mercantile Exchange feeder cattle futures and most live cattle futures hit contract highs on Friday on tight supplies linked to the U.S. suspension of Mexican imports due to the spread of screwworm south of the border. Live cattle followed feeders higher, posting new contract highs in deferred contract months, […] Read more