Glacier FarmMedia MarketsFarm – The ICE Futures canola market showed small gains on Friday morning amidst mixed sentiment in comparable oils.
European rapeseed and Malaysian palm oil were higher to start the day. However, Chicago soyoil was down and crude oil took another sharp drop for the second time in three days.
The Canadian dollar was steady compared to Thursday’s close.
Roughly 16,000 contracts were traded. Prices in Canadian dollars per metric ton as of 8:41 CDT:
Nov. 611.00 up 2.20
Jan. 620.00 up 3.20
Mar. 627.30 up 3.10
May 631.80 up 3.70
