ICE Canadian canola futures ended unchanged on Wednesday in thin, lackluster trading. Upside is limited by expectations for a bumper Canadian canola crop, a trader said. November canola settled unchanged at $463.40 per tonne. January canola was flat at $471.20. November-January canola spread traded 2,190 times.
Chicago November soybeans dropped as August weather forecasts bolstered crop prospects. NYSE Liffe August rapeseed and September Malaysian palm oil rose. The Canadian dollar was trading at $1.3050 to the US dollar, or 76.63 US cents, at 1:22 pm CDT (1822 GMT), lower than Tuesday's close of $1.3028, or 76.76 US cents.
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