By Glen Hallick, MarketsFarm
WINNIPEG, Oct. 2 (MarketsFarm) – Intercontinental Exchange canola futures were closed Monday to mark the National Day for Truth and Reconciliation.
As daytime highs across the Prairies return to normal, most of the region is forecast to receive rain today. Parts of the eastern Prairies is to see rain for the next three days.
Alberta reported on Friday its provincewide harvest reached 79 per cent complete, with its canola at 62 per cent finished.
The markets in China are closed until Oct. 9 for its Golden Week.
As the United States dollar gained strength, the Canadian dollar fell back on Monday morning. The loonie dropped to 73.35 U.S. cents, compared to Friday’s close of 73.96.
Prices in Canadian dollars per metric tonne as of Sept. 29:
Price Change Canola Nov 707.00 dn 8.50 Jan 716.00 dn 8.30 Mar 723.30 dn 7.80 May 726.70 dn 8.00
