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Thursday, August 29, 2013

Canola hitches wagon to soybeans after searing heat sends futures up

ICE Futures Canada canola futures ran up the biggest daily gain in nearly 2 1/2 years on Aug. 26 as expected sizzling temperatures in the U.S. Midwest threatened to sap soybean and corn yields.a November canola jumped $22.30, or 4.3 percent per tonne, Aug. 26 and has climbed about $66, or 14 percent, from the low on Aug. 6, before concerns ... (more)

http://www.producer.com/2013/08/canola-hitches-wagon-to-soybeans-after-searing-heat-sends-futures-up/

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