ICE Canola Midday: Prices show strength at midday

By Marlo Glass, MarketsFarm

WINNIPEG, June 26 – ICE Futures canola contracts were mostly stronger at midday Friday, bouncing back slightly from losses incurred earlier in the week.

Weakness in the Canadian dollar supported canola prices. The dollar was under 73 United States cents at midday, which is around a 10-day low.

Losses in Chicago’s soy complex prevented further gains for canola. Nearby soyoil contracts were lower by a tenth of a cent on Friday morning.

Approximately 4,500 canola contracts were traded as of 10:35 CDT.

Prices in Canadian dollars per metric tonne at 10:35 CDT:
                          Price      Change
Canola            Jul     472.60    up  0.50
                  Nov     468.70    up  0.60
                  Jan     475.80    up  0.50
                  May     480.10    dn  0.50

Futures Prices as of June 26, 2020

Canola
Price Change
Milling Wheat
1970-01-01 00:00
Price Change
Durum
1970-01-01 00:00
Price Change
New Barley
1970-01-01 00:00
Price Change

Prices are in Canadian dollars per metric ton

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