WINNIPEG – The ICE Futures canola market was slightly lower on Friday morning.
Chicago soyoil and Malaysian palm oil were both higher, but European rapeseed was down. Crude oil prices eased off after the International Energy Agency lowered its demand projections for later in the year.
The Canadian dollar was steady compared to Thursday’s close, which was the highest for the loonie since last September.
Nearly 12,200 canola contracts were traded. Prices in Canadian dollars per metric ton as of 8:40 CDT:
Nov. 813.40 dn 1.00
Jan. 809.70 dn 3.20
Mar. 797.60 dn 6.30
May 781.50 dn 8.70
