Glacier FarmMedia MarketsFarm – The ICE Futures canola market made gains coming out of the weekend after a lengthy downturn.
Chicago soyoil was also higher, as well as European rapeseed and Malaysian palm oil. Crude oil was mixed after Brent crude was negative for the seventh week in a row, its longest streak of weekly declines since 2018.
The Canadian dollar was up less than one-tenth of a United States cent compared to Friday’s close.
Nearly 9,600 contracts were traded. Prices in Canadian dollars per metric ton as of 8:44 CST:
Jan. 669.90 up 9.90
Mar. 676.30 up 9.30
May 683.50 up 9.30
Jul. 687.10 up 8.00
