Canadian canola futures lower

04 Oct, 2017

ICE Canadian canola futures fell Monday on softening crush margins and spillover weakness from allied US soy markets, traders said. November canola settled down 90 cents at $491.50 per tonne. January canola ended down 70 cents at $498.20 per tonne. Snow fell in parts of Alberta's crop region, slowing field work. Chicago Board of Trade November soyabeans fell 11 US cents to US$9.57-1/4 per bushel on pressure from the expanding US harvest and expectations of a big crop.

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