Canadian canola futures slip

05 Nov, 2017

ICE Canadian canola futures slipped on Thursday, pressured by a strengthening Canadian dollar and commercial hedges. Most-active January canola lost 20 cents to $520.90 per tonne. ICE reported 1,950 deliveries of the November contract, which expires on November 14. January-March canola spread traded 2,055 times. Chicago January soybeans rose on strong demand and US yield concerns.
NYSE MATIF February rapeseed edged higher and Malaysian January palm oil dipped.

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