Glacier FarmMedia MarketsFarm – The ICE Futures canola market fell back into the red on Thursday morning following weakness in comparable oils.
Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly lower. After losing more than US$2 per barrel on Wednesday, crude oil was higher.
The Canadian dollar was steady compared to Wednesday’s close.
Roughly 9,700 contracts were traded. Prices in Canadian dollars per metric ton as of 8:41 CDT:
Nov. 613.30 dn 10.60
Jan. 621.10 dn 10.90
Mar. 628.10 dn 10.70
May 631.60 dn 10.80
