Canadian canola futures slip

06 Oct, 2020

WINNIPEG: ICE Canadian canola futures slipped on Friday, pressured by large commercial supplies and weaker soyaoil prices. Canola prices are vulnerable with funds holding large long positions, but a slightly weaker Canadian dollar supported prices, a trader said. November canola dipped 20 cents to $517.10 per tonne. In the Canadian province of Alberta, 53% of canola was harvested as of Tuesday.

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