ICE Canadian canola futures slipped on Wednesday for a third straight day, pressured by fund selling. Volume was thin, and canola pared losses in late trading as soybeans inched higher. May canola eased 40 cents at $453.40 per tonne.
July canola slipped 70 cents at $453.40 per tonne. May-July spread traded 1,993 times.
Chicago Board of Trade May soybeans closed up on position squaring ahead of a US Department of Agriculture report. Malaysian May palm oil fell 1.9 percent but NYSE Liffe Paris May rapeseed rose slightly.
The Canadian dollar was trading at $1.2524, or 79.85 US cents at 12:48 pm CDT (1748 GMT), down from the Bank of Canada's official close on Tuesday of $1.2504, or 79.97 US cents.
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