ICE Canola Down on Harvest Pressure
ICE Futures canola contracts traded within a wide range over the week ended Oct. 1, with the bias lower as seasonal harvest pressure picked up and outside markets also moved lower.
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ICE Canada Weekly Outlook: Canola Could Be Pointing Downward
WINNIPEG, Manitoba — Canola futures on the Intercontinental Exchange could be heading downward going into October, said Jerry Klassen, analyst with Resilient Capital in Winnipeg.Klassen cited a number of factors, ranging from harvest pressure increasing to China importing Australian canola.Klassen…