ICE canola back on the slide

WINNIPEG – The ICE Futures canola market returned to the red Friday morning after ending a 10-day slide on Thursday.

Chicago soyoil was down, as well as European rapeseed and Malaysian palm oil. Crude oil was also lower as it is on track for its worst week this year due to multiple banking crises.

The Canadian dollar was steady compared to Thursday’s close.

Prices in Canadian dollars per metric ton as of 8:44 CDT:

May   745.30  dn 10.50

Jul.  740.40  dn 11.70

Nov.  723.00  dn 11.70

Jan.  727.30  dn 11.80

explore

Stories from our other publications