ICE canola weekly outlook: Uptrend intact despite selloff

ICE canola weekly outlook: Uptrend intact despite selloff

Nov canola holds above 20-day moving average

Reading Time: < 1 minute ICE Futures canola fell from contract highs as summer officially began and wild swings in outside markets weighed on values. However, support held to the downside and the uptrend remained intact ahead of a pair of key reports that could provide some nearby direction.