Glacier FarmMedia – Canola futures on the Intercontinental Exchange showed independent strength on Friday morning amidst mixed sentiment in comparable oils.
Chicago soyoil and Malaysian palm oil made gains while European rapeseed was lower. Crude oil prices were mostly steady.
The Canadian dollar was up less than one-tenth of a United States cent compared to Thursday’s close.
The Prairies will see high temperatures reach double digits later today. However, southern Alberta and southern Manitoba will see rain showers as well as thunderstorms in some areas.
Nearly 10,000 contracts were traded. Prices in Canadian dollars per metric ton as of 8:42 CDT:
Nov 620.10 up 2.50
Jan 633.70 up 2.20
Mar 643.90 up 2.10
May 652.60 up 1.70
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
