WINNIPEG – The ICE Futures canola market was up entering the weekend, gaining strength from comparable oils.
Chicago soyoil and Malaysian palm oil were both higher, while European rapeseed was mostly lower. Crude oil almost gained US$2 per barrel this morning as traders turned their focus towards the OPEC+ meeting in Vienna on Sunday.
The Canadian dollar gained more than one-quarter of a United States cent compared to Thursday’s close.
Prices in Canadian dollars per metric ton as of 8:40 CDT:
Jul. 659.20 up 7.70
Nov. 639.50 up 5.80
Jan. 644.50 up 5.30
Mar. 650.30 up 5.10
