ICE canola remains in negative territory

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market continued to come down on Monday morning following overall weakness in comparable oils.

Chicago soyoil, European rapeseed and Malaysian palm oil were in the red, while crude oil declined due to unwelcome Chinese economic data.

The Canadian dollar was down one-tenth of a United States cent compared to Friday’s close.

Nearly 27,500 contracts were traded. Prices in Canadian dollars per metric ton as of 8:36 CST:

Jan.  612.00  dn  0.50

Mar.  619.70  dn  4.30

May   627.90  dn  3.50

Jul.  630.70  dn  3.70