Soybean oil and a softer Canadian dollar helped canola move up on Thursday’s markets, as traders gave back some of the previous two weeks declines. November canola finished at $495, up $3.70 per tonne on ICE futures. January rose above $500, up $4.10 to $502, March up the same, to $506.90 and May was up $4 to 509.80. July reached $511.50 after climbing $4.20.
Soybeans were down again today on Chicago, falling 4.75 US cents to US$8.18-50 per bushel on September trading.
Chicago corn was off for September, falling three quarters of a cent to $3.40-50.
Wheat gave back gains on overnight trading, on what appeared to be profit-taking on Chicago markets. September Minneapolis spring wheat was off 7.25 cents, falling to $562.25. Kansas City wheat was down 6.5 cents to $5.12-25 and Chicago wheat was off the same amount, falling to $5.08 per bushel.
Cattle on that market were up, while hogs were flat to down.
The Canadian dollar was down .0039 to 77.01 US cents.
Prairie elevator bids mirrored the Chicago markets and ICE canola.
Montana and North Dakota posted elevator cash prices for dark northern spring for September delivery were around the US$4.95 per bushel mark, based on a futures price of $5.83, showing a negative basis of 89 cents. Durum delivered in September was $4.80. Bids for yellow peas were $4.50 to $4.75. Flax was $10, soybeans $6.72. Canola bids were found at $414 per tonne in North Dakota.
|Name / Contract||High||Low||Last||Change||Settlement|
|Canola Nov 2018 (updated 2:23PM(CST) on 8/30/2018)||496.00||491.30||495.00||3.70||495.00|
|Canola Jan 2019 (updated 2:25PM(CST) on 8/30/2018)||503.00||497.80||502.00||4.10||502.00|
|Canola Mar 2019 (updated 2:25PM(CST) on 8/30/2018)||506.90||503.30||506.90||4.10||506.90|
|Canola May 2019 (updated 2:23PM(CST) on 8/30/2018)||509.80||506.30||509.80||4.00||509.80|
|Canola Jul 2019 (updated 2:25PM(CST) on 8/30/2018)||511.50||507.90||511.50||4.20||511.50|
|Soybeans Sep 2018||831.50||817.00||818.50||-4.75||819.50|
|Soybeans Nov 2018||844.75||829.00||831.00||-5.00||831.50|
|Soybeans Jan 2019||857.50||842.50||844.25||-5.00||845.00|
|Soybeans Mar 2019||870.75||855.50||857.50||-5.25||858.25|
|Soybeans May 2019||882.25||868.00||870.25||-4.50||870.50|
|Soybeans Jul 2019||892.75||878.50||880.50||-4.25||881.00|
|Soybean Meal Sep 2018||303.20||300.30||302.00||-0.10||301.40|
|Soybean Meal Oct 2018||304.00||300.80||302.30||-0.70||301.80|
|Soybean Meal Dec 2018||306.50||302.60||304.00||-1.20||303.50|
|Soybean Oil Sep 2018||28.31||27.95||28.29||0.26||28.28|
|Soybean Oil Oct 2018||28.46||28.10||28.43||0.26||28.42|
|Soybean Oil Dec 2018||28.70||28.34||28.66||0.24||28.67|
|Corn Sep 2018||344.00||340.50||340.50||-0.75||341.00|
|Corn Dec 2018||359.00||356.00||356.25||-0.25||356.50|
|Corn Mar 2019||371.75||368.75||368.75||-0.75||369.25|
|Corn May 2019||379.25||376.25||376.50||-0.75||377.00|
|Corn Jul 2019||385.25||382.25||382.50||-0.50||383.00|
|Oats Sep 2018||252.25||240.50||239.50||-12.25||239.50|
|Oats Dec 2018||256.50||246.75||249.00||-4.25||247.50|
|Oats Mar 2019||256.50||253.00||252.00||-5.50||252.00|
|Oats May 2019||255.25||255.25||255.25||-5.25||255.25|
|Oats Jul 2019||258.25||258.25||258.25||-5.00||258.25|
|Wheat Sep 2018||525.00||502.50||508.00||-7.75||508.00|
|Wheat Dec 2018||549.50||530.00||535.25||-6.50||535.00|
|Wheat Mar 2019||569.75||551.00||556.25||-6.25||555.50|
|Wheat May 2019||581.25||563.25||568.25||-6.50||567.75|
|Wheat Jul 2019||572.50||557.50||562.50||-5.25||561.75|
|Spring Wheat Sep 2018||576.25||557.75||562.25||-7.25||562.25|
|Spring Wheat Dec 2018||600.50||580.75||583.75||-7.75||583.75|
|Spring Wheat Mar 2019||616.00||596.75||599.25||-8.25||599.25|
|Spring Wheat May 2019||623.50||605.25||607.75||-8.00||607.75|
|Spring Wheat Jul 2019||630.50||612.75||615.00||-7.25||615.00|
|Hard Red Wheat Sep 2018||527.25||507.25||513.25||-6.50||512.25|
|Hard Red Wheat Dec 2018||557.75||536.25||541.50||-7.75||541.00|
|Hard Red Wheat Mar 2019||579.75||559.00||563.75||-8.00||563.00|
|Hard Red Wheat May 2019||590.50||570.50||574.50||-9.25||574.00|
|Hard Red Wheat Jul 2019||586.25||568.50||571.75||-8.75||571.50|
|Live Cattle (P) Aug 2018||110.40||109.00||110.15||0.98||109.80|
|Live Cattle (P) Oct 2018||109.38||108.60||109.35||0.65||109.08|
|Live Cattle (P) Dec 2018||113.58||112.52||113.55||0.85||113.30|
|Feeder Cattle (P) Aug 2018||149.50||149.00||149.48||0.16||149.48|
|Feeder Cattle (P) Sep 2018||150.72||149.18||150.50||1.32||150.18|
|Feeder Cattle (P) Oct 2018||150.70||149.22||150.65||1.25||150.38|
|Lean Hogs (P) Oct 2018||52.12||48.92||49.28||-2.27||49.12|
|Lean Hogs (P) Dec 2018||54.38||52.50||52.75||-0.98||52.62|
|Lean Hogs (P) Feb 2019||63.72||62.28||62.68||-0.45||62.58|
|Canadian Dollar Sep 2018||0.7752||0.7694||0.7706||-0.0039||0.7701|
|Crude Oct 2018||70.50||69.55||70.15||0.64||70.25|