WINNIPEG – The ICE Futures canola market was mostly higher on Wednesday morning with mixed sentiment in comparable oils.
Chicago soyoil was down, as well as European rapeseed, but Malaysian palm oil was higher. Crude oil was also up due to a large draw from United States stockpiles.
The Canadian dollar was down two-tenths of a U.S. cent compared to Tuesday’s close.
Nearly 9,750 contracts were traded. Prices in Canadian dollars per metric ton as of 8:57 CDT:
Nov. 780.10 up 1.00
Jan. 784.00 up 0.10
Mar. 785.80 dn 0.10
May 785.20 up 0.60
