Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly higher on Wednesday following losses on Tuesday.
Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also showed losses after reports of gains in United States stockpiles.
The Canadian dollar lost more than one-tenth of a U.S. cent compared to Tuesday’s close. The Liberals unveiled their budget on Tuesday with a projected C$78.3 billion deficit for the 2025-26 fiscal year.
Nearly 8,600 contracts were traded. Prices in Canadian dollars per metric ton as of 8:41 CST:
Jan 641.40 up 1.30
Mar 651.90 up 0.50
May 662.00 up 0.70
Jul 668.70 up 0.60
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
