Glacier FarmMedia – Canola futures on the Intercontinental Exchange found their way back to positive territory on Tuesday morning after retreating on Monday.
Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil also made gains after a severe winter storm last weekend disrupted oil output in the United States.
The Canadian dollar was up one quarter of a U.S. cent compared to Monday’s close.
Nearly 12,000 contracts were traded. Prices in Canadian dollars per metric ton as of 8:37 CST:
Mar 651.50 up 4.40
May 661.90 up 4.70
Jul 667.30 up 4.70
Nov 659.50 up 4.10
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
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