ICE canola mixed after Christmas, Boxing Day

Glacier FarmMedia MarketsFarm – There was mixed activity on the ICE Futures canola market as it re-opened after Christmas  and Boxing Day.

While European rapeseed was up, Malaysian palm oil and Chicago soyoil were both down. Crude oil also lost ground due to greater supply.

The Canadian dollar was up four-tenths of a United States cent compared to Friday’s close.

Nearly 10,600 contracts were traded. Prices in Canadian dollars per metric ton as of 8:38 CST:

Jan.  647.50  up  2.30

Mar.  654.30  dn  1.00

May   662.90  dn  1.00

Jul.  670.50  up  0.20

explore

Stories from our other publications