WINNIPEG – The ICE Futures canola market was mixed on Monday morning, lifted by rising crude oil prices.
Chicago soyoil was firm, while European rapeseed and Malaysian palm oil were higher. Crude oil gained more than US$1 per barrel after exports from the Iraqi region of Kurdistan were stopped.
The Canadian dollar was up one-third of a United States cent compared to Friday’s close.
Prices in Canadian dollars per metric ton as of 8:44 CDT:
May 748.10 up 4.70
Jul. 731.30 up 3.90
Nov. 703.20 dn 0.90
Jan. 705.20 dn 2.70