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ICE canola slightly weaker

Published: February 21, 2024

Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed some weakness on Wednesday morning amidst mixed sentiment in comparable oils.

European rapeseed was up and Malaysian palm oil was mostly higher. However, crude oil was steady and Chicago soyoil was lower.

The Canadian dollar was unchanged compared to Tuesday’s close.

Nearly 10,800 contracts were traded. Prices in Canadian dollars per metric ton as of 8:36 CST:

Mar.  582.00  dn  2.80

May   591.40  dn  2.00

Jul.  600.20  dn  1.90

Nov.  605.70  dn  1.90

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