WINNIPEG: ICE Canadian canola futures rose on Tuesday, resuming a steady march higher after snapping a six-day winning streak the previous session, on strength in palm and soyoil prices.
Canola reversed earlier losses that may have been due to commercial hedges, a trader said.
November canola added $2.90 to $501.10 per tonne.
November-January canola spread traded 5,117 times.
US corn and soyabean futures consolidated after recent rallies, as questions lingered about the size of upcoming harvests.-
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