By Dave Sims, Commodity News Service Canada
WINNIPEG, May 17 – Canola contracts on the ICE Futures Canada platform were mostly higher Wednesday morning, following gains in the US soy complex.
Advances in vegetable oil lent support to values.
Slow farmer selling and the sluggish pace of canola planting underpinned the market.
However, steady exports of soybeans from South America were bearish for values.
Large oilseed acreage in North America cast a bearish tint on the market.
Milling wheat, barley and durum were untraded.
Prices in Canadian dollars per metric ton at 8:55 CDT:
