Soy Upside Boots Canola

Source: Ashley Robinson, Commodity News Service, November 28, 2018 

The ICE Futures canola platform were stronger at market close, finding spillover support from the soybean market.

Chicago Board of Trade soybean, oil and meal contracts were all higher too, with soyoil up more than half a cent per pound.

Oilseed traders are still awaiting the results of the meeting between United States President Donald Trump and Chinese President Xi Jinping at the G20 summit this week. There was optimism today though that the meeting will result in good news, which pushed the soy complex higher.

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