By Dave Sims, Commodity News Service Canada
WINNIPEG, October 4 – Canola contracts on the ICE Futures Canada platform were mixed Wednesday morning, following declines in US soybeans.
Seasonal harvest pressure and improving conditions in South American soybean fields undermined values.
Canola is looking somewhat expensive relative to other oilseeds.
However, delays in the Prairie harvest due to wet and cold conditions, limited the losses.
Gains in US soyoil was supportive for canola.
Milling wheat, barley and durum were untraded.
Prices in Canadian dollars per metric ton at 8:47 CDT: