ICE Canadian canola futures finished mixed on Monday, pressured in thin trading volume by late commercial hedges against farmer cash sales. Farmers seen making deliveries of old-crop canola. But supplies remain tight, and old-crop May and July were steadier than new-crop November. Most-active May canola added 50 cents to $628.30 per tonne on volume of 5,393 contracts.
July eased 20 cents to $616.40 on volume of 871 contracts. May-July spread widened to a May premium of $11.90, trading 575 times. Chicago Board of Trade May soybeans rose 8-1/2 US cents to US $14.79-1/2 per bushel, on support from a firm cash market.