By Dave Sims, Commodity News Service Canada
WINNIPEG, March 15 (CNS) – Canola contracts on the ICE Futures
Canada platform were trending higher on Thursday, taking strength
from a lower Canadian currency.
Gains in the U.S. soy complex were supportive for the market.
Speculative buying was a feature of the morning activity and
crush margins have been on the rise.
However, recent rains in Argentina are expected to help some
of the later-planted soybean fields down there.
Large world supplies and expectations of another big crop this
year weighed on values.
Prices in Canadian dollars per metric ton at 9:03 CDT: