ICE Canada canola futures ease in thin U.S. holiday trade

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Published: November 24, 2016

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WINNIPEG, Manitoba, Nov 24 (Reuters) – ICE Canada canola futures eased on Thursday in slow trading with U.S. markets closed for Thanksgiving.

* Canola’s losses were a small correction to the crop reaching its highest price since May during the previous session, a trader said.

* 96 percent of Saskatchewan canola harvest combined as of Nov. 21, the government said, as concerns about weather problems abated.

* January canola shed 60 cents at $527.40 per tonne.

* January-March canola spread traded 2,211 times.

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

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The Canadian dollar at noon was US74.15 cents, down from 74.24 cents the previous trading day. The U.S. dollar at noon was C$1.3487.

Winnipeg ICE Futures Canada dollars per tonne

Canola Jan 2017   527.40   -0.60   -0.11%
Canola Mar 2017   533.90   -1.20   -0.22%
Canola May 2017   538.60   -1.00   -0.19%
Canola Jul 2017   538.60   -0.60   -0.11%
Canola Nov 2017   506.70   -4.50   -0.88%

Milling Wheat Dec 2016   232.00   unch   0.00%
Milling Wheat Mar 2017   235.00   -1.00   -0.42%
Milling Wheat May 2017   238.00   unch   0.00%

Durum Wheat Dec 2016   318.00   -2.00   -0.62%
Durum Wheat Mar 2017   327.00   -3.00   -0.91%
Durum Wheat May 2017   330.00   -3.00   -0.90%

Barley Dec 2016   138.00   unch   0.00%
Barley Mar 2017   142.00   unch   0.00%
Barley May 2017   144.00   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   1034.25   unch   0.00%
Soybeans Mar 2017   1043.00   unch   0.00%
Soybeans May 2017   1049.00   unch   0.00%

Soybeans Jul 2017   1053.75   unch   0.00%
Soybeans Aug 2017   1050.75   unch   0.00%
Soybeans Sep 2017   1032.00   unch   0.00%

Soybean Meal Dec 2016   316.40   unch   0.00%
Soybean Meal Jan 2017   318.60   unch   0.00%
Soybean Meal Mar 2017   320.90   unch   0.00%

Soybean Oil Dec 2016   36.85   unch   0.00%
Soybean Oil Jan 2017   37.14   unch   0.00%
Soybean Oil Mar 2017   37.40   unch   0.00%

Corn Dec 2016   350.75   unch   0.00%
Corn Mar 2017   359.25   unch   0.00%
Corn May 2017   366.00   unch   0.00%
Corn Jul 2017   373.25   unch   0.00%
Corn Sep 2017   379.75   unch   0.00%

Oats Dec 2016   216.75   unch   0.00%
Oats Mar 2017   223.25   unch   0.00%
Oats May 2017   226.50   unch   0.00%
Oats Jul 2017   228.00   -1.75   -0.76%
Oats Sep 2017   223.25   -1.75   -0.78%

Wheat Dec 2016   401.50   unch   0.00%
Wheat Mar 2017   423.75   unch   0.00%
Wheat May 2017   437.25   unch   0.00%
Wheat Jul 2017   452.50   unch   0.00%
Wheat Sep 2017   467.25   unch   0.00%

Minneapolis

Spring Wheat Dec 2016   527.25   unch   0.00%
Spring Wheat Mar 2017   526.25   unch   0.00%
Spring Wheat May 2017   529.75   unch   0.00%
Spring Wheat Jul 2017   534.75   unch   0.00%
Spring Wheat Sep 2017   541.50   unch   0.00%

Kansas City

Hard Red Wheat Dec 2016   415.50   unch   0.00%
Hard Red Wheat Mar 2017   433.50   unch   0.00%
Hard Red Wheat May 2017   445.50   unch   0.00%
Hard Red Wheat Jul 2017   456.50   unch   0.00%
Hard Red Wheat Sep 2017   470.75   unch   0.00%

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

Live Cattle (P) Dec 2016   109.67   unch   0.00%
Live Cattle (P) Feb 2017   110.80   unch   0.00%
Live Cattle (P) Apr 2017   110.40   unch   0.00%

Feeder Cattle (P) Jan 2017   124.90   unch   0.00%
Feeder Cattle (P) Mar 2017   120.88   unch   0.00%
Feeder Cattle (P) Apr 2017   120.45   unch   0.00%

Lean Hogs (P) Dec 2016   49.75   unch   0.00%
Lean Hogs (P) Feb 2017   55.55   unch   0.00%
Lean Hogs (P) Apr 2017   61.92   unch   0.00%

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