Winnipeg canola futures mostly fell Thursday, dragged lower by harvest progress in Canada and the United States.
The dry weather is expected to continue at least until the middle of next week.
A weaker loonie offset some of the price weakness.
November canola, in delivery mode, rose $4.20 to close at $402.60 Cdn per tonne with 85 contracts trading.
January closed at $394.60, down $1.80 cents on a volume of 7,032 contracts.
March fell $1.80 to settle at $400.50 on a volume of 317 contracts.
At noon, the Bank of Canada said the Canadian dollar was worth 93.89 cents US, down from 93.92 on Wednesday. The U.S. dollar was worth $1.0651 Cdn.
Winnipeg barley futures rose $3 to close at $169 per tonne. January was up $1 to $156.
Another crop analyst has said damage done by the late U.S. harvest was minimal.
Commodity brokerage firm FC Stone pegged the corn crop at 13.004 billion bushels, reflecting an average yield of 164 bu. per acre and soybean production at 3.379 billion bu. with an average yield of 44.1 bu. per acre.
The U.S. Department of Agriculture issued its next forecast Nov. 10.
In other market news, the European Union has dropped its tariff on high quality durum that threatened exports from Canada, the United States and Mexico.
The tariff had been in place for about a month and was dropped when the Canadian Wheat Board and others complained about how it was calculated. It was worth the equivalent of about $25 Cdn per tonne.
Tariffs on medium and low quality durum remain but have been lowered.
