ICE canola futures: Prices lower Friday morning

By Marlo Glass, MarketsFarm

WINNIPEG, Oct. 30 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were mixed on Friday morning, with slight gains observed in nearby contracts.

Chicago soyoil contracts were stronger in early morning trade, providing somewhat of a boost. The December soyoil contract was up by about a third of a cent.

Gains in the Canadian dollar kept a lid on canola, as it rallied above 75 United States cents.

About 5,000 canola contracts had traded as of 8:45 CDT.

Prices in Canadian dollars per metric ton at 8:45 CDT:

                          Price      Change
Canola      Jan 540.40 up 1.10
Mar 544.80 up 0.40
May 544.10 dn 0.10
Jul 542.10 dn 0.10

END