ICE canola remains steady

Glacier FarmMedia – Canola futures on the Intercontinental Exchange were relatively steady on Wednesday morning amidst mixed sentiment in comparable oils.

Chicago soyoil was steady, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil showed small declines as a Russia-Ukraine peace deal is being sorted out, as well as oversupply fears.

The Canadian dollar was steady compared to Tuesday’s close.

United States markets will be closed on Thursday for the Thanksgiving holiday.

Nearly 9,400 contracts were traded. Prices in Canadian dollars per metric ton as of 8:42 CST:

Jan  648.10  unchanged

Mar  661.10  dn  0.20

May  671.80  unchanged

Jul  677.60  up  0.20

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