Canola Futures Rebound on Gains in Soy Complex

Canola futures bounced back on Tuesday, regaining most of Monday's losses as gains in the Chicago soy complex provided support. The correction higher was largely attributed to positioning ahead of the quarterly stocks report set to be released tomorrow.

Corn prices were mostly lower, while wheat was mixed in the US. Phil Franz-Warkentin of the Western Producer Markets Desk highlighted the market movements in his September 29 closing grain and oilseed market update.