ICE Canola Continues to Trend Higher

By Dave Sims, Commodity News Service Canada

WINNIPEG, February 13 (CNS) – Canola contracts on the ICE Futures Canada platform were higher Tuesday morning, in follow-through buying.

Gains in U.S. soybeans were supportive for canola.

Recent weakness in the Canadian dollar made canola more enticing to international buyers.

However, losses in vegetable oil limited the gains.

China has cancelled some recent orders of U.S. soybeans, which could have a negative effect on oilseeds in general.

Prices in Canadian dollars per metric ton at 8:53 CST:

Commodity Future Prices

Canola
updated 2018-02-13 09:00
Price Change
Mar504.61.30
May510.11.10
Jul5151.40
Nov508.51.30

Prices are in Canadian dollars per metric ton

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