Glacier FarmMedia – Canola futures on the Intercontinental Exchange were in negative territory Friday morning amid mixed sentiment in comparable oils.
Chicago soyoil and European rapeseed showed declines, but Malaysian palm oil was higher. Crude oil also made small gains to recover some of its losses this week.
More rains are in the forecast for the Prairies today and tomorrow before giving way to sunny skies early next week.
The Canadian dollar is steady compared to Thursday’s close.
Nearly 7,000 contracts were traded. Prices in Canadian dollars per metric ton as of 8:38 CDT:
Nov 674.90 dn 2.40
Jan 687.20 dn 1.90
Mar 695.10 dn 2.60
May 702.30 dn 2.60
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
