Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Tuesday compared to their recent slump.
Chicago soyoil and Malaysian palm oil were lower, while European rapeseed was mixed. However, crude oil was higher after Iraq delayed increasing its oil exports.
The Prairies continue to be above normal with high temperatures in the low- to high-20 degrees Celsius. Very little, if any precipitation is also expected.
The Canadian dollar was steady compared to Monday’s close.
Nearly 14,200 contracts were traded. Prices in Canadian dollars per metric ton as of 8:38 CDT:
Nov 610.30 dn 0.10
Jan 623.30 unchanged
Mar 634.50 dn 0.30
May 644.20 dn 0.70
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
