ICE Canada canola futures dip on commercial hedges

WINNIPEG, Manitoba, Nov 22 (Reuters) – ICE Canada canola futures eased from a recent high on Tuesday, pressured by commercial hedges as the harvest in Western Canada wraps up.

* Nearby canola partly recovered from its intra-day lows in sympathy with gains in the soybean market, a trader said.

* January canola lost $1 at $520.20 per tonne, after hitting a nearly three-week high in the previous session.

* January-March canola spread traded 2,663 times.

* Chicago January soybeans rose on strength in Chinese soy markets.

* NYSE Liffe February rapeseed dipped and Malaysian February crude palm oil rose.

* The Canadian dollar was trading at $1.3453 to the U.S. dollar, or 74.33 U.S. cents at 1:03 p.m. CST (1903 GMT), weaker than Monday’s close of $1.3413, or 74.55 U.S. cents.

Light crude oil nearby futures in New York were down 21 cents to US$48.03 per barrel.

The Canadian dollar at noon was US74.38 cents, down from 74.42 cents the previous trading day. The U.S. dollar at noon was C$1.3444.

Winnipeg ICE Futures Canada dollars per tonne

Canola Jan 2017 520.20 -1.00 -0.19%
Canola Mar 2017 526.70 -0.60 -0.11%
Canola May 2017 529.60 -0.20 -0.04%
Canola Jul 2017 529.40 -0.40 -0.08%
Canola Nov 2017 503.70 -1.60 -0.32%

Milling Wheat Dec 2016 231.00 -1.00 -0.43%
Milling Wheat Mar 2017 235.00 unch 0.00%
Milling Wheat May 2017 238.00 +1.00 +0.42%

Durum Wheat Dec 2016 294.00 unch 0.00%
Durum Wheat Mar 2017 303.00 -1.00 -0.33%
Durum Wheat Dec 2017 323.00 -3.00 -0.92%

Barley Dec 2016 132.50 unch 0.00%
Barley Mar 2017 134.50 unch 0.00%
Barley May 2017 135.50 unch 0.00%

American crop prices in cents US/bushel, soybean meal in $US/short ton, soy oil in cents US/pound

Chicago

Soybeans Jan 2017 1030.00 +9.75 +0.96%
Soybeans Mar 2017 1038.75 +10.25 +1.00%
Soybeans May 2017 1045.50 +9.75 +0.94%
Soybeans Jul 2017 1050.25 +9.00 +0.86%
Soybeans Aug 2017 1047.75 +9.00 +0.87%
Soybeans Sep 2017 1031.00 +8.50 +0.83%

Soybean Meal Dec 2016 324.90 +5.20 +1.63%
Soybean Meal Jan 2017 327.40 +5.50 +1.71%
Soybean Meal Mar 2017 329.80 +5.60 +1.73%

Soybean Oil Dec 2016 34.48 -0.16 -0.46%
Soybean Oil Jan 2017 34.77 -0.16 -0.46%
Soybean Oil Mar 2017 35.03 -0.15 -0.43%

Corn Dec 2016 351.00 +1.25 +0.36%
Corn Mar 2017 359.00 +1.25 +0.35%
Corn May 2017 365.50 +1.25 +0.34%
Corn Jul 2017 372.50 +1.00 +0.27%
Corn Sep 2017 379.25 +1.25 +0.33%

Oats Dec 2016 221.50 -3.25 -1.45%
Oats Mar 2017 228.00 -1.00 -0.44%
Oats May 2017 230.50 +0.25 +0.11%
Oats Jul 2017 229.75 -1.50 -0.65%
Oats Sep 2017 225.00 -1.50 -0.66%

Wheat Dec 2016 407.25 -3.00 -0.73%
Wheat Mar 2017 427.25 +0.25 +0.06%
Wheat May 2017 441.25 +0.75 +0.17%
Wheat Jul 2017 456.00 +1.25 +0.27%
Wheat Sep 2017 470.50 +1.25 +0.27%

Minneapolis

Spring Wheat Dec 2016 527.00 +0.25 +0.05%
Spring Wheat Mar 2017 526.50 +2.75 +0.53%
Spring Wheat May 2017 531.25 +3.75 +0.71%
Spring Wheat Jul 2017 536.50 +4.00 +0.75%
Spring Wheat Sep 2017 543.00 +3.25 +0.60%

Kansas City

Hard Red Wheat Dec 2016 416.50 +2.00 +0.48%
Hard Red Wheat Mar 2017 434.25 +2.25 +0.52%
Hard Red Wheat May 2017 446.25 +2.25 +0.51%
Hard Red Wheat Jul 2017 457.25 +2.25 +0.49%
Hard Red Wheat Sep 2017 471.25 +2.00 +0.43%

Chicago livestock futures in US¢/pound (rounded to two decimal places)

Live Cattle (P) Dec 2016 109.35 +0.32 +0.29%
Live Cattle (P) Feb 2017 110.18 +0.61 +0.56%
Live Cattle (P) Apr 2017 109.85 +0.32 +0.29%

Feeder Cattle (P) Jan 2017 124.05 -0.13 -0.10%
Feeder Cattle (P) Mar 2017 119.75 -0.22 -0.18%
Feeder Cattle (P) Apr 2017 119.25 -0.33 -0.28%

Lean Hogs (P) Dec 2016 49.30 -0.48 -0.96%
Lean Hogs (P) Feb 2017 55.55 -0.83 -1.47%
Lean Hogs (P) Apr 2017 61.85 -0.77 -1.23%

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