A weaker loonie and stronger vegetable oil prices helped canola futures to post a small gain on Wednesday.
Palm and soy oil rose a little on bargain buying after sharp declines in recent days.
Tightening supplies as exports and domestic crush move at a record pace support canola.
Soybeans were lower on expectations of record production from South America and a big increase in seeded area this spring in the United States.
Corn edged higher on ideas that the USDA will predict that the seeded area of the crop will fall this year.
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Crop markets await the USDA’s forecast of seeded area of American crops to be released this week at its outlook conference.
OUTSIDE MARKETS
Wheat also edged higher on supportive export business.
Light crude oil nearby futures in New York fell 74 cents to US$53.59 per barrel.
The Canadian dollar at noon was US75.83 cents, down from 76.05 cents the previous trading day. The U.S. dollar at noon was C$1.3144.
The Toronto Stock Exchange’s S&P/TSX composite index closed down 92.15 points, or 0.58 percent, at 15,830.22.
The Dow Jones Industrial Average rose 32.6 points, or 0.16 percent, to 20,775.6. It was the ninth record close in a row, the longest such streak since 1987.
The S&P 500 lost 2.56 points, or 0.11 percent, to 2,362.82 and the Nasdaq Composite dropped 5.32 points, or 0.09 percent, to 5,860.63.
Winnipeg ICE Futures Canada dollars per tonne
Canola Mar      518.30      +1.60      +0.31%
Canola May 2017Â Â Â Â Â Â 523.50Â Â Â Â Â Â +0.90Â Â Â Â Â Â +0.17%
Canola Jul 2017Â Â Â Â Â Â 526.90Â Â Â Â Â Â +1.40Â Â Â Â Â Â +0.27%
Canola Nov 2017 Â Â Â Â Â Â 503.70Â Â Â Â Â Â +2.70Â Â Â Â Â Â +0.54%
Canola Jan 2018Â Â Â Â Â Â 508.50Â Â Â Â Â Â +2.30Â Â Â Â Â Â +0.45%
Milling Wheat Mar 2017      229.00      unch      0.00%
Milling Wheat May 2017Â Â Â Â Â Â 234.00Â Â Â Â Â Â +1.00Â Â Â Â Â Â +0.43%
Milling Wheat Jul 2017      235.00      unch      0.00%
Durum Wheat Mar 2017      281.00      unch      0.00%
Durum Wheat May 2017      283.00      unch      0.00%
Durum Wheat Jul 2017      282.00      unch      0.00%
Barley Mar 2017      135.00      unch      0.00%
Barley May 2017      137.00      unch      0.00%
Barley Jul 2017      138.00      unch      0.00%
American crop futures in cents US/bushel, soybean meal in $US/short ton, soy oil in cents US/pound
Chicago
Soybeans Mar 2017Â Â Â Â Â Â 1022.75Â Â Â Â Â Â -3.50Â Â Â Â Â Â -0.34%
Soybeans May 2017Â Â Â Â Â Â 1033.50Â Â Â Â Â Â -3.75Â Â Â Â Â Â -0.36%
Soybeans Jul 2017Â Â Â Â Â Â 1043.00Â Â Â Â Â Â -3.25Â Â Â Â Â Â -0.31%
Soybeans Aug 2017Â Â Â Â Â Â 1042.25Â Â Â Â Â Â -3.00Â Â Â Â Â Â -0.29%
Soybeans Sep 2017Â Â Â Â Â Â 1026.75Â Â Â Â Â Â -2.25Â Â Â Â Â Â -0.22%
Soybeans Nov 2017Â Â Â Â Â Â 1013.50Â Â Â Â Â Â -1.00Â Â Â Â Â Â -0.10%
Soybean Meal Mar 2017Â Â Â Â Â Â 335.00Â Â Â Â Â Â -2.40Â Â Â Â Â Â -0.71%
Soybean Meal May 2017Â Â Â Â Â Â 339.50Â Â Â Â Â Â -2.40Â Â Â Â Â Â -0.70%
Soybean Meal Jul 2017Â Â Â Â Â Â 342.90Â Â Â Â Â Â -2.20Â Â Â Â Â Â -0.64%
Soybean Oil Mar 2017Â Â Â Â Â Â 32.72Â Â Â Â Â Â +0.05Â Â Â Â Â Â +0.15%
Soybean Oil May 2017Â Â Â Â Â Â 33.00Â Â Â Â Â Â +0.05Â Â Â Â Â Â +0.15%
Soybean Oil Jul 2017Â Â Â Â Â Â 33.27Â Â Â Â Â Â +0.05Â Â Â Â Â Â +0.15%
Corn Mar 2017Â Â Â Â Â Â 371.00Â Â Â Â Â Â +1.75Â Â Â Â Â Â +0.47%
Corn May 2017Â Â Â Â Â Â 378.25Â Â Â Â Â Â +1.75Â Â Â Â Â Â +0.46%
Corn Jul 2017Â Â Â Â Â Â 385.50Â Â Â Â Â Â +1.75Â Â Â Â Â Â +0.46%
Corn Sep 2017Â Â Â Â Â Â 391.25Â Â Â Â Â Â +1.75Â Â Â Â Â Â +0.45%
Corn Dec 2017Â Â Â Â Â Â 397.25Â Â Â Â Â Â +1.50Â Â Â Â Â Â +0.38%
Oats Mar 2017Â Â Â Â Â Â 253.00Â Â Â Â Â Â +0.50Â Â Â Â Â Â +0.20%
Oats May 2017Â Â Â Â Â Â 252.75Â Â Â Â Â Â +2.00Â Â Â Â Â Â +0.80%
Oats Jul 2017Â Â Â Â Â Â 248.25Â Â Â Â Â Â +1.75Â Â Â Â Â Â +0.71%
Oats Sep 2017Â Â Â Â Â Â 241.00Â Â Â Â Â Â +2.50Â Â Â Â Â Â +1.05%
Oats Dec 2017Â Â Â Â Â Â 238.75Â Â Â Â Â Â +3.75Â Â Â Â Â Â +1.60%
Wheat Mar 2017Â Â Â Â Â Â 441.25Â Â Â Â Â Â +5.25Â Â Â Â Â Â +1.20%
Wheat May 2017Â Â Â Â Â Â 456.00Â Â Â Â Â Â +6.25Â Â Â Â Â Â +1.39%
Wheat Jul 2017Â Â Â Â Â Â 469.75Â Â Â Â Â Â +5.50Â Â Â Â Â Â +1.18%
Wheat Sep 2017Â Â Â Â Â Â 484.50Â Â Â Â Â Â +4.75Â Â Â Â Â Â +0.99%
Wheat Dec 2017Â Â Â Â Â Â 502.00Â Â Â Â Â Â +4.75Â Â Â Â Â Â +0.96%
Minneapolis
Spring Wheat Mar 2017Â Â Â Â Â Â 542.75Â Â Â Â Â Â +1.50Â Â Â Â Â Â +0.28%
Spring Wheat May 2017Â Â Â Â Â Â 552.25Â Â Â Â Â Â +3.00Â Â Â Â Â Â +0.55%
Spring Wheat Jul 2017Â Â Â Â Â Â 558.25Â Â Â Â Â Â +3.00Â Â Â Â Â Â +0.54%
Spring Wheat Sep 2017Â Â Â Â Â Â 564.50Â Â Â Â Â Â +3.25Â Â Â Â Â Â +0.58%
Spring Wheat Dec 2017Â Â Â Â Â Â 575.00Â Â Â Â Â Â +3.75Â Â Â Â Â Â +0.66%
Kansas
Hard Red Wheat Mar 2017Â Â Â Â Â Â 457.75Â Â Â Â Â Â +5.50Â Â Â Â Â Â +1.22%
Hard Red Wheat May 2017Â Â Â Â Â Â 471.25Â Â Â Â Â Â +5.75Â Â Â Â Â Â +1.24%
Hard Red Wheat Jul 2017Â Â Â Â Â Â 483.00Â Â Â Â Â Â +5.75Â Â Â Â Â Â +1.20%
Hard Red Wheat Sep 2017Â Â Â Â Â Â 497.25Â Â Â Â Â Â +5.75Â Â Â Â Â Â +1.17%
Hard Red Wheat Dec 2017Â Â Â Â Â Â 516.50Â Â Â Â Â Â +5.50Â Â Â Â Â Â +1.08%
Chicago livestock futures in US¢/pound (rounded to two decimal places)
Live Cattle (P) Feb 2017Â Â Â Â Â Â 121.30Â Â Â Â Â Â +2.20Â Â Â Â Â Â +1.85%
Live Cattle (P) Apr 2017Â Â Â Â Â Â 116.08Â Â Â Â Â Â +0.78Â Â Â Â Â Â +0.68%
Live Cattle (P) Jun 2017Â Â Â Â Â Â 106.42Â Â Â Â Â Â +0.47Â Â Â Â Â Â +0.44%
Feeder Cattle (P) Mar 2017Â Â Â Â Â Â 125.10Â Â Â Â Â Â +0.55Â Â Â Â Â Â +0.44%
Feeder Cattle (P) Apr 2017Â Â Â Â Â Â 125.52Â Â Â Â Â Â +0.39Â Â Â Â Â Â +0.31%
Feeder Cattle (P) May 2017Â Â Â Â Â Â 124.65Â Â Â Â Â Â +0.28Â Â Â Â Â Â +0.23%
Lean Hogs (P) Apr 2017Â Â Â Â Â Â 67.75Â Â Â Â Â Â -2.60Â Â Â Â Â Â -3.70%
Lean Hogs (P) May 2017Â Â Â Â Â Â 73.40Â Â Â Â Â Â -2.05Â Â Â Â Â Â -2.72%
Lean Hogs (P) Jun 2017Â Â Â Â Â Â 77.25Â Â Â Â Â Â -1.80Â Â Â Â Â Â -2.28%