ICE Canadian canola futures eased on Friday for the second straight session, pressured by weaker soy prices and strength in the Canadian dollar. Commercial hedges were lighter until a late flurry, while a lack of export demand is a concern, a trader said. January canola lost 30 cents to $476.10. March canola gave up 20 cents to $484.60.
Chicago January soybeans stumbled on concerns about the US-China trade war. February Paris Matif rapeseed futures and Malaysian February palm oil futures eased. The Canadian dollar was trading at $1.3219 to the US dollar, or 75.65 US cents at 1:06 p.m. CST (1906 GMT).
Comments
Comments are closed.