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ICE canola on both sides of unchanged

| 1 min read

Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were mixed and showed little movement despite support from comparable oils.

Chicago soyoil, European rapeseed and Malaysian palm oil were higher to start the day. Crude oil showed some strength due to tightening supply and possible upcoming United States sanctions against Russia.

The Canadian dollar was down less than one-tenth of a U.S. cent compared to Friday’s close.

Nearly 7,600 contracts were traded. Prices in Canadian dollars per metric ton as of 8:39 CDT:

Nov  682.80  up  0.10

Jan  690.50  dn  0.60

Mar  698.90  up  0.90

May  703.30  dn  0.40

To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/