Crude Oil Recovery Not Enough to Lift US Grain Markets
Closing market update for Sept. 23 shows small upticks in ICE canola futures as crude oil prices recover from earlier losses to close higher.
However, U.S. grain and oilseed markets failed to gain sufficient support, resulting in lower closing prices.
The U.S. grain and oilseed market didn't receive enough of a boost from the recovery in crude oil prices, leading to a decline in its overall performance.