ICE canola adding onto prices

Published: 4 hours ago

Glacier FarmMedia – Canola futures maintained their positive momentum on the Intercontinental Exchange on Thursday morning.

Chicago soyoil and European rapeseed made gains, while Malaysian palm oil was down. Crude oil advanced despite speculation the United States and Iran will resume negotiations to end the war in Iran sometime this week.

The Canadian dollar was up one-tenth of a U.S. cent compared to Wednesday’s close.

Nearly 30,600 contracts were traded. Prices in Canadian dollars per metric ton as of 8:38 CDT:

May  711.20  up  5.30

Jul  724.90  up  6.30

Nov  724.30  up  5.40

Jan  731.30  up  4.70

To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/

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