WINNIPEG, Manitoba, Nov 21 (Reuters) – ICE Canada canola futures rose on Monday to a nearly three-week high, pulled up by strength in U.S. soybean and Malaysian palm oil markets.
* Farmer selling into the cash pipeline, as late-harvested supplies come in, limited canola’s advances, a trader said.
* January canola added $6.70 at $521.20 per tonne.
* January-March canola spread traded 3,068 times.
* Chicago January soybeans gained on strength in Asian oilseeds and crude oil.
* NYSE Liffe February rapeseed and Malaysian January crude palm oil rose.
Read Also
Feed Grains Weekly: Price likely to keep stepping back
As the harvest in southern Alberta presses on, a broker said that is one of the factors pulling feed prices lower in the region. Darcy Haley, vice-president of Ag Value Brokers in Lethbridge, added that lower cattle numbers in feedlots, plentiful amounts of grass for cattle to graze and a lacklustre export market also weighed on feed prices.
* The Canadian dollar was trading at $1.3435 to the U.S. dollar, or 74.43 U.S. cents at 12:52 p.m. CST (1852 GMT), higher than Friday’s close of $1.3513, or 74 U.S. cents.
Light crude oil nearby futures in New York were up $1.80 to US$47.49 per barrel.
The Canadian dollar at noon was US74.42 cents, up from 73.97 cents the previous trading day. The U.S. dollar at noon was C$1.3437.
Winnipeg ICE Futures Canada dollars per tonne
Canola Jan 2017 521.20 +6.70 +1.30%
Canola Mar 2017 527.30 +6.70 +1.29%
Canola May 2017 529.80 +5.80 +1.11%
Canola Jul 2017 529.80 +5.20 +0.99%
Canola Nov 2017 505.30 +1.10 +0.22%
Milling Wheat Dec 2016 232.00 +1.00 +0.43%
Milling Wheat Mar 2017 235.00 unch 0.00%
Milling Wheat May 2017 237.00 unch 0.00%
Durum Wheat Dec 2016 326.00 -3.00 -0.91%
Durum Wheat Mar 2017 336.00 -4.00 -1.18%
Durum Wheat May 2017 339.00 -4.00 -1.17%
Barley Dec 2016 132.50 unch 0.00%
Barley Mar 2017 134.50 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 1020.25 +25.25 +2.54%
Soybeans Mar 2017 1028.50 +24.75 +2.47%
Soybeans May 2017 1035.75 +24.00 +2.37%
Soybeans Jul 2017 1041.25 +23.25 +2.28%
Soybeans Aug 2017 1038.75 +24.00 +2.37%
Soybeans Sep 2017 1022.50 +18.25 +1.82%
Soybean Meal Dec 2016 319.70 +9.20 +2.96%
Soybean Meal Jan 2017 321.90 +9.10 +2.91%
Soybean Meal Mar 2017 324.20 +8.60 +2.72%
Soybean Oil Dec 2016 34.64 +0.48 +1.41%
Soybean Oil Jan 2017 34.93 +0.53 +1.54%
Soybean Oil Mar 2017 35.18 +0.50 +1.44%
Corn Dec 2016 349.75 +3.75 +1.08%
Corn Mar 2017 357.75 +4.00 +1.13%
Corn May 2017 364.25 +3.50 +0.97%
Corn Jul 2017 371.50 +3.50 +0.95%
Corn Sep 2017 378.00 +3.75 +1.00%
Oats Dec 2016 224.75 -7.50 -3.23%
Oats Mar 2017 229.00 -7.00 -2.97%
Oats May 2017 230.25 -8.00 -3.36%
Oats Jul 2017 231.25 -3.75 -1.60%
Oats Sep 2017 226.50 -8.25 -3.51%
Wheat Dec 2016 410.25 +3.25 +0.80%
Wheat Mar 2017 427.00 +2.75 +0.65%
Wheat May 2017 440.50 +2.00 +0.46%
Wheat Jul 2017 454.75 +2.25 +0.50%
Wheat Sep 2017 469.25 +1.50 +0.32%
Minneapolis
Spring Wheat Dec 2016 526.75 -1.75 -0.33%
Spring Wheat Mar 2017 523.75 -1.75 -0.33%
Spring Wheat May 2017 527.50 -2.25 -0.42%
Spring Wheat Jul 2017 532.50 -2.75 -0.51%
Spring Wheat Sep 2017 539.75 -2.50 -0.46%
Kansas City
Hard Red Wheat Dec 2016 414.50 +1.00 +0.24%
Hard Red Wheat Mar 2017 432.00 +1.25 +0.29%
Hard Red Wheat May 2017 444.00 +1.25 +0.28%
Hard Red Wheat Jul 2017 455.00 +1.00 +0.22%
Hard Red Wheat Sep 2017 469.25 +2.00 +0.43%
Chicago livestock futures in US¢/pound (rounded to two decimal places)
Live Cattle (P) Dec 2016 109.02 +0.72 +0.66%
Live Cattle (P) Feb 2017 109.58 +0.73 +0.67%
Live Cattle (P) Apr 2017 109.52 +0.52 +0.48%
Feeder Cattle (P) Jan 2017 124.18 -1.20 -0.96%
Feeder Cattle (P) Mar 2017 119.98 -1.12 -0.92%
Feeder Cattle (P) Apr 2017 119.58 -1.24 -1.03%
Lean Hogs (P) Dec 2016 49.78 +2.18 +4.58%
Lean Hogs (P) Feb 2017 56.38 +2.46 +4.56%
Lean Hogs (P) Apr 2017 62.62 +1.77 +2.91%
