WINNIPEG – The ICE Futures canola market was mixed to start Wednesday off while comparable oils were also on both sides of unchanged.
Chicago soyoil and Malaysian palm oil were down in the morning while European rapeseed was higher. Crude oil took a breather from its recent rally and declined.
The Canadian dollar was up less than one-tenth of a United States cent compared to Tuesday’s close.
Rain is expected for most of the Prairies later today with high temperatures ranging from nine degrees Celsius in Calgary to 24 C in Winnipeg.
Nearly 16,300 contracts were traded. Prices in Canadian dollars per metric ton as of 8:41 CDT:
Nov. 735.60 up 1.30
Jan. 744.10 up 0.50
Mar. 748.90 dn 1.60
May 755.70 dn 1.60
