WINNIPEG: ICE Canada canola futures rose on Monday to a nearly four-month high, lifted by strength in crude oil and soybeans after Greece's parliament approved an austerity bill to secure a second bailout.
* March hit $539.80, the highest price for a nearby contract on a continuous chart since Oct. 17.
* Stronger Canadian dollar capped canola's gains.
* Total market open interest on Thursday reached about 184,300 contracts, the highest in 4-1/2 months, before slipping modestly on Friday.
* March canola gained $3.50 at $538.80 a tonne on volume of 6,875 contracts.
* May rose $4.60 at $542.50 on volume of 6,558 contracts.
* March-May spread traded 3,174 times, settling at a May premium of $3.70.
* Chicago March soybeans climbed 23 US cents to US$12.52 per bushel. March soyoil gained 0.52 cent to 53.05 US cents per lb.
* MATIF May rapeseed gained 0.7 percent.
* The Canadian dollar was trading at $0.9988 against the US dollar or US$1.0012 at 1:46 p.m. CST (1946 GMT), up from Friday's finish at $1.0028 to the US dollar, or 99.72 US cents.
* US light crude oil settled up US$2.24 at $100.91 per barrel.
* Canada crop belt bracing for drought.
* Greek austerity vote lifts euro, shares.
* Exporters sell US soybeans to unknown for '12/13.
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