WINNIPEG – The ICE Futures canola market showed small declines on Wednesday morning to go with mixed sentiment in comparable oils.
While Chicago soyoil and Malaysian palm oil were up to start the day, European rapeseed was mostly lower. Crude oil was also higher this morning, expanding on Tuesday’s gains.
The Canadian dollar was up less than one-tenth of a U.S. cent compared to Tuesday’s close.
Light showers are expected at different times of the day across the Prairies.
Nearly 5,550 contracts were traded. Prices in Canadian dollars per metric ton as of 8:43 CDT:
Nov. 789.10 dn 1.80
Jan. 793.40 dn 1.60
Mar. 793.30 dn 3.20
May 789.70 dn 5.40
