(Reuters) — ICE Canada canola futures rose today in light volume following a long holiday weekend, supported by dry conditions in portions of the Canadian Prairies and spillover strength from allied vegetable oil markets, traders said.
November canola rose $5.40 to settle at $505.70 per tonne, and January canola ended up $5.40 at $511.10.
Total market volume of 7,131 contracts was the second-smallest since May.
Chicago Board of Trade November soybeans firmed on worries about dry weather stressing soy crops in portions of the U.S. Midwest and cool weather that could extend the growing season, leaving the crop vulnerable to frost.
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NYSE MATIF November rapeseed rose 0.95 percent and Malaysian October palm oil rose 2.14 percent.
Light crude oil nearby futures in New York were down 22 cents US$49.10 per barrel.
In the afternoon, the Canadian dollar was trading around US78.92 cents, down from 79.13 cents the previous trading day. The U.S. dollar was C$1.2671.
Winnipeg ICE Futures Canada dollars per tonne
Canola Nov 17 505.70s +5.40 +1.08%
Canola Jan 18 511.10s +5.40 +1.07%
Canola Mar 18 514.70s +5.20 +1.02%
Canola May 18 517.30s +5.40 +1.05%
Canola Jul 18 519.60s +5.70 +1.11%
Milling Wheat Oct 17 283.00s +6.00 +2.17%
Milling Wheat Dec 17 287.00s +7.00 +2.50%
Durum Wheat Oct 17 313.00s unch unch
Durum Wheat Dec 17 314.00s unch unch
Durum Wheat Mar 18 295.00s unch unch
Barley Oct 17 145.00s unch unch
Barley Dec 17 141.00s unch unch
Barley Mar 18 141.00s unch unch
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 Aug 17 963-0s +3-2 +0.34%
Soybeans Nov 17 973-2s +3-4 +0.36%
Soybeans Jan 18 981-4s +3-2 +0.33%
Soybeans Mar 18 988-0s +2-4 +0.25%
Soybean Meal Aug 17 307.8s -0.2 -0.06%
Soybean Meal Sep 17 309.5s -0.4 -0.13%
Soybean Meal Oct 17 311.2s -0.3 -0.10%
Soybean Oil Aug 17 33.80s +0.29 +0.87%
Soybean Oil Sep 17 33.87s +0.29 +0.86%
Soybean Oil Oct 17 33.98s +0.28 +0.83%
Corn Sep 17 369-6s -2-4 -0.67%
Corn Mar 18 395-6s -2-6 -0.69%
Corn May 18 401-6s -2-2 -0.56%
Corn Jul 18 406-6s -2-4 -0.61%
Oats Sep 17 273-4s -0-6 -0.27%
Oats Dec 17 276-6s +0-2 +0.09%
Oats Mar 18 278-2s +0-2 +0.09%
Oats May 18 279-6s +1-6 +0.63%
Oats Jul 18 281-0s +4-2 +1.54%
Wheat Sep 17 457-0s -6-4 -1.40%
Wheat Dec 17 484-0s -6-6 -1.38%
Wheat Mar 18 504-6s -6-4 -1.27%
Wheat Jul 18 527-2s -5-4 -1.03%
Minneapolis
Spring Wheat Sep 17 731-2s +4-6 +0.65%
Spring Wheat Dec 17 743-0s +4-0 +0.54%
Spring Wheat Mar 18 741-0s +2-2 +0.30%
Spring Wheat May 18 728-0s +1-0 +0.14%
Spring Wheat Jul 18 714-6s -0-2 -0.03%
Kansas City
Hard Red Wheat Sep 17 460-4s -6-2 -1.34%
Hard Red Wheat Dec 17 487-6s -6-6 -1.37%
Hard Red Wheat May 18 519-0s -7-0 -1.33%
Hard Red Wheat Jul 18 533-6s -7-0 -1.29%
Chicago livestock futures in US¢/pound, Pit trade
Live Cattle Aug 17 112.475s -0.275 -0.24%
Live Cattle Oct 17 110.600s -0.525 -0.47%
Live Cattle Dec 17 112.550s -0.250 -0.22%
Feeder Cattle Aug 17 146.025s -0.225 -0.15%
Feeder Cattle Sep 17 146.650s -0.450 -0.31%
Feeder Cattle Oct 17 145.475s -0.725 -0.50%
Lean Hogs Aug 17 83.525s +0.125 +0.15%
Lean Hogs Oct 17 67.750s -0.375 -0.55%
Lean Hogs Dec 17 62.550s +0.050 +0.08%
