Winnipeg– The ICE Futures canola contacts finished the day weaker, pulled down by weak demand for the crop.
Chicago Board of Trade soybean, oil and meal contracts were all down too. New customs data released from China this morning showed December soybean imports dropped 40.1 per cent from last year. However, soybean imports in November from the United States had plunged to zero, due to the U.S./China trade war.
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Rain fell across southern Brazil over the weekend. The forecast is calling for more rain there this week, while the central and northern part of the country is expected to remain dry. There have been concerns about dryness in Brazil affecting the soybean crop there.
About 9,671 canola contracts traded, which compares with Friday when 11,229 contracts changed hands. Spreading accounted for 5,520 of the contracts traded.
OUTSIDE MARKETS
Light crude oil nearby futures in New York was down $1.08 at US$50.51 per barrel.
In the afternoon, the Canadian dollar was trading around US75.36 cents, down from 75.42 centsthe previous trading day. The U.S. dollar was C$1.3269.
Winnipeg ICE Futures Canada dollars per tonne.
Canola Jan 19  478.60s  -3.60  -0.75%
Canola Mar 19  479.70s  -3.60  -0.74%
Canola May 19  488.10s  -4.00  -0.81%
Canola Jul 19  496.00s  -3.80  -0.76%
Canola Nov 19  495.80s  -2.40  -0.48%
American crop prices in cents US/bushel, soybean meal in $US/short ton, soy oil in cents US/pound. Prices are displayed with fractions (2/8, 4/8, and 6/8) instead of decimals. -2 equals .25, -4 equals .50, -6 equals .75. The “s” means it is the settlement.
Chicago
Soybeans Jan 19  890-6s  -8-4  -0.95%
Soybeans Mar 19  903-4s  -6-6  -0.74%
Soybeans May 19  917-2s  -6-4  -0.70%
Soybeans Jul 19  930-0s  -6-2  -0.67%
Soybeans Aug 19  935-2s  -6-0  -0.64%
Soybean Meal Jan 19  306.9s  -3.5  -1.13%
Soybean Meal Mar 19  311.8s  -2.8  -0.89%
Soybean Meal May 19  315.7s  -3.0  -0.94%
Soybean Oil Jan 19  28.11s  -0.06  -0.21%
Soybean Oil Mar 19  28.40s  -0.01  -0.04%
Soybean Oil May 19  28.68s  -0.02  -0.07%
Corn Mar 19  378-4s  +0-2  +0.07%
Corn May 19  387-0s  +0-2  +0.06%
Corn Jul 19  394-6s  +0-4  +0.13%
Corn Sep 19  398-0s  +0-6  +0.19%
Corn Dec 19  402-2s  +0-6  +0.19%
Oats Mar 19  300-0s  +5-2  +1.78%
Oats May 19  292-2s  +5-2  +1.83%
Oats Jul 19  289-2s  +3-0  +1.05%
Oats Sep 19  278-4s  +0-4  +0.18%
Oats Dec 19  278-2s  +4-6  +1.74%
Wheat Mar 19  514-2s  -5-2  -1.01%
Wheat May 19  519-6s  -5-2  -1.00%
Wheat Jul 19  524-4s  -5-0  -0.94%
Wheat Sep 19  532-6s  -5-0  -0.93%
Wheat Dec 19  546-4s  -5-0  -0.91%
Minneapolis
Spring Wheat Mar 19  565-4s  -4-4  -0.79%
Spring Wheat May 19  570-2s  -4-0  -0.70%
Spring Wheat Jul 19  577-2s  -3-4  -0.60%
Spring Wheat Sep 19  588-0s  unch  unch
Spring Wheat Dec 19  597-2s  -3-6  -0.62%
Kansas City
Hard Red Wheat Mar 19  499-0s  -5-4  -1.09%
Hard Red Wheat May 19  510-2s  -5-6  -1.11%
Hard Red Wheat Jul 19  519-6s  -6-0  -1.14%
Hard Red Wheat Sep 19  532-2s  -5-4  -1.02%
Hard Red Wheat Dec 19  548-6s  -5-4  -0.99%
Chicago livestock futures in US¢/pound, Pit trade
Live Cattle Feb 19  125.425s  +0.450  +0.36%
Live Cattle Apr 19  126.675s  +0.300  +0.24%
Live Cattle Jun 19  117.175s  -0.025  -0.02%
Feeder Cattle Jan 19  144.850s  -1.275  -0.87%
Feeder Cattle Mar 19  144.400s  -0.500  -0.35%
Feeder Cattle Apr 19  145.150s  -0.600  -0.41%
Lean Hogs Feb 19  61.850s  -0.800  -1.28%
Lean Hogs Apr 19  66.825s  -0.525  -0.78%
Lean Hogs May 19  72.175s  -0.700  -0.96%
