Glacier FarmMedia COVID-19 & the Farm

ICE canola futures: Prices lower Tuesday morning

By Marlo Glass, MarketsFarm

WINNIPEG, Oct. 27 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were slightly lower on Tuesday, amid light trading activity.

Nearby soyoil contracts were slightly weaker in early morning trade, keeping pressure on canola values. The December soyoil contract was down by a fraction of a cent in early morning trade.

A steady tone in the Canadian dollar prevented further losses for canola, as it remained under 76 United States cents.

About 5,000 canola contracts had traded as of 8:40 CDT.

Prices in Canadian dollars per metric ton at 8:40 CDT:

                          Price      Change
Canola      Nov 541.70 dn 1.50
Jan 547.50 dn 0.40
Mar 550.90 dn 0.20
May 546.50 dn 1.20

END

Commodity Future Prices

Canola
Price Change

Prices are in Canadian dollars per metric ton

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