WINNIPEG, (Manitoba): ICE canola futures slipped on Tuesday under pressure from price declines in soy products.
Most-active May canola lost $4.10 to $990.60 per tonne, falling for the fourth straight day.
The May contract dipped toward its 50-day moving average, and breaching it could accelerate selling, a trader said.
March-May canola spread traded 2,422 times.
US soybean futures fell as traders assessed chances for rain in dry growing belts in Argentina and Southern Brazil.
Euronext May rapeseed futures ended mixed. In Canada, a protest over COVID-19 measures ended at the Coutts, Alberta crossing to the United States.
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