Winnipeg canola futures were slightly stronger in light trade Thursday morning, supported by lack of farmer deliveries and stronger Chicago soybean futures.
Canola prices were little changed Wednesday in light pre-holiday trade.
January canola settled Wednesday unchanged at $404.50 per tonne on a volume of 366 contracts.
March rose 20 cents to close at $411 per tonne on a volume of 6,530 contracts. May rose 40 cents to $417.10.
The Bank of Canada at noon Wednesday said the Canadian dollar was worth 95.01 cents US, down from 96.11 cents on Dec. 29. The U.S. dollar was worth $1.0525 Cdn.
The Winnipeg January barley contract rose $1.80 to $153.80 per tonne and March was up 80 cents at $158.80.
Chicago January soybeans fell 2.25 cents to $10.3575 US per bushel.
The American dollar traded near a two-month high against the yen on speculation the Federal Reserve will withdraw stimulus measures as the economy recovers.
The Canadian Oilseed Processors Association said 73,080 tonnes of canola were crushed in the week ending Dec. 23.
That was 1.1 percent less than the week before and represented a utilization rate of 70.3 percent.
Last year, crushers processed 77,200 tonnes to Dec. 21.
