ICE Canadian canola futures fell on Wednesday for the fourth straight day on pressure from a stronger Canadian dollar in thin trading volume. Total volume of less than 7,900 contracts was lowest since August 18 as some local speculators looking for new clearing firms after bankruptcy of MF Global.
Most-active January canola futures slipped $1.20 to $524.50 on volume of 4,775 contracts. March lost $1.30 to end at $531.80 on volume of 354 contracts. No November deliveries on Wednesday. July-November spread traded 932 times, settling at a July premium of $30.50. Chicago January soyabeans gained 1/4 US cent to US $12.02-3/4 per bushel. December soyaoil rose 0.05 cent to 50.85 US cents per lb. MATIF February rapeseed added 0.5 percent.
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