WINNIPEG – The ICE Futures canola market was in positive territory on Thursday morning after three straight days in the red.
Chicago soyoil was up, as well as European rapeseed and Malaysian palm oil, providing support for the oilseed. However, crude oil was lower due to demand concerns.
The Canadian dollar was up three-tenths of a United States dollar compared to Wednesday’s close.
Prices in Canadian dollars per metric ton as of 8:35 CDT:
Jul. 654.20 up 4.70
Nov. 631.00 up 6.20
Jan. 635.40 up 4.40
Mar. 644.00 up 7.40
