date:Mar 21, 2014
ICE Canadian canola futures rose on Wednesday to a three-month high, boosted by a weakening Canadian dollar and soybean strength. Speculators bought canola with the May contract trading above its 100-day moving average, offset partly by commercial hedges, traders said. Chicago soybeans rose on tight US stocks.
Railways are making progress on easing a logjam moving Canadian crops to port, lending canola support, a trader said. But CN Rail's CEO told Reuters he sees grain backlog stretching into