WINNIPEG, Man., (Reuters) – ICE canola futures tumbled on Friday to a nearly three-month low, reflecting a continued plunge of its fellow oilseeds, soyoil and palm.
Fears that the spread of coronavirus could lead to a global slowdown have weakened commodities.
March canola lost $5.90 to $450.50 per tonne. The contract fell as low as $450.10, the lowest nearby price since Nov. 1.
March-May canola spread traded 5,980 times.
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U.S. soybean futures fell for their ninth straight loss, as concerns persisted about the coronavirus cutting into Chinese demand. Euronext May rapeseed futures and Malaysian April palm oil futures slipped.
Statistics Canada is schedule to report next Wednesday on Canadian crop stocks as of Dec. 31, 2019.
OUTSIDE MARKETS
Light crude oil nearby futures in New York was down .58 cents at US$51.53 per barrel.
In the afternoon, the Canadian dollar was trading around US75.57 cents, down from 75.66 cents the previous trading day. The U.S. dollar was C$1.3233.
Winnipeg ICE Futures Canada dollars per tonne.
| Name / Contract | High | Low | Last | Change | Settlement |
| Canola Mar 2020 | 459.60 | 450.10 | 450.30 | -6.10 | 450.30 |
| Canola May 2020 | 469.00 | 459.50 | 459.60 | -6.10 | 459.60 |
| Canola Jul 2020 | 475.70 | 466.30 | 466.40 | -6.00 | 466.40 |
| Canola Nov 2020 | 484.10 | 474.40 | 474.50 | -6.10 | 474.50 |
| Canola Jan 2021 | 489.90 | 480.50 | 481.40 | -5.00 | 481.40 |
| Soybean Mar 2020 | 882.75 | 872.25 | 872.50 | -3.75 | 872.75 |
| Soybean May 2020 | 896.75 | 886.50 | 886.75 | -3.75 | 886.75 |
| Soybean Jul 2020 | 911.25 | 900.25 | 900.50 | -3.75 | 900.25 |
| Soybean Aug 2020 | 915.50 | 905.50 | 905.50 | -3.75 | 905.75 |
| Soybean Sep 2020 | 916.50 | 906.50 | 906.50 | -4.25 | 906.75 |
| Soybean Nov 2020 | 921.75 | 911.75 | 912.25 | -3.75 | 912.25 |
| Soybean Meal Mar 2020 | 293.50 | 290.40 | 291.00 | -0.50 | 291.00 |
| Soybean Meal May 2020 | 298.50 | 295.70 | 296.30 | -0.20 | 296.30 |
| Soybean Meal Jul 2020 | 303.20 | 300.90 | 301.40 | unch | 301.30 |
| Soybean Oil Mar 2020 | 30.96 | 29.88 | 29.94 | -0.69 | 29.93 |
| Soybean Oil May 2020 | 31.33 | 30.25 | 30.30 | -0.70 | 30.29 |
| Soybean Oil Jul 2020 | 31.69 | 30.63 | 30.69 | -0.67 | 30.66 |
| Corn Mar 2020 | 382.75 | 378.75 | 381.25 | 1.75 | 381.50 |
| Corn May 2020 | 388.00 | 384.00 | 386.50 | 1.75 | 387.00 |
| Corn Jul 2020 | 392.75 | 388.75 | 391.00 | 1.50 | 391.25 |
| Corn Sep 2020 | 390.25 | 386.25 | 387.75 | 0.50 | 387.75 |
| Corn Dec 2020 | 393.00 | 389.50 | 390.75 | 0.25 | 391.25 |
| Oats Mar 2020 | 307.75 | 302.25 | 303.75 | -1.75 | 303.75 |
| Oats May 2020 | 301.00 | 296.25 | 298.25 | -1.75 | 298.75 |
| Oats Jul 2020 | 288.50 | 285.50 | 288.50 | 0.25 | 287.00 |
| Oats Sep 2020 | 271.75 | 269.50 | 271.75 | 0.50 | 269.50 |
| Oats Dec 2020 | 270.50 | 269.50 | 270.50 | unch | 269.50 |
| Wheat Mar 2020 | 566.00 | 552.75 | 553.75 | -6.75 | 553.50 |
| Wheat May 2020 | 563.75 | 551.75 | 552.50 | -6.00 | 552.25 |
| Wheat Jul 2020 | 562.00 | 551.25 | 552.50 | -4.50 | 552.25 |
| Wheat Sep 2020 | 567.75 | 557.75 | 559.00 | -4.00 | 558.50 |
| Wheat Dec 2020 | 576.50 | 566.75 | 568.00 | -4.00 | 567.50 |
| Spring Wheat Mar 2020 | 541.50 | 532.50 | 533.50 | -3.00 | 533.50 |
| Spring Wheat May 2020 | 550.00 | 542.00 | 543.00 | -3.00 | 543.00 |
| Spring Wheat Jul 2020 | 559.00 | 551.00 | 551.00 | -4.00 | 551.00 |
| Spring Wheat Sep 2020 | 565.75 | 560.00 | 560.50 | -3.75 | 560.50 |
| Spring Wheat Dec 2020 | 577.50 | 571.50 | 572.75 | -3.00 | 572.75 |
| Hard Red Wheat Mar 2020 | 473.75 | 463.50 | 465.50 | -5.50 | 466.00 |
| Hard Red Wheat May 2020 | 481.25 | 470.75 | 472.50 | -6.00 | 473.00 |
| Hard Red Wheat Jul 2020 | 488.75 | 478.25 | 480.00 | -6.00 | 480.50 |
| Hard Red Wheat Sep 2020 | 497.00 | 486.75 | 488.75 | -5.75 | 489.00 |
| Hard Red Wheat Dec 2020 | 507.75 | 498.00 | 500.25 | -5.25 | 500.50 |
| Live Cattle (Pit) Feb 2020 | 121.38 | 121.38 | 121.38 | -0.40 | 121.38 |
| Live Cattle (Pit) Apr 2020 | 119.68 | 119.68 | 119.68 | -0.53 | 119.68 |
| Live Cattle (Pit) Jun 2020 | 111.58 | 111.58 | 111.58 | -0.45 | 111.58 |
| Feeder Cattle (Pit) Mar 2020 | 136.08 | 136.08 | 136.08 | 0.42 | 136.08 |
| Feeder Cattle (Pit) Apr 2020 | 137.53 | 137.53 | 137.53 | 0.40 | 137.53 |
| Feeder Cattle (Pit) May 2020 | 139.70 | 139.70 | 139.70 | 0.42 | 139.70 |
| Lean Hogs (Pit) Feb 2020 | 57.13 | 57.13 | 57.13 | -4.18 | 57.13 |
| Lean Hogs (Pit) Apr 2020 | 61.60 | 61.60 | 61.60 | -4.23 | 61.60 |
| Lean Hogs (Pit) May 2020 | 70.03 | 70.03 | 70.03 | -2.30 | 70.03 |
