Advertisement

ICE canola rising slightly

| 1 min read

Glacier FarmMedia | MarketsFarm – The ICE Futures canola market showed minimal gains on Thursday morning despite negative values in vegetable oils.

European rapeseed and Malaysian palm oil were lower, while Chicago soyoil was steady. However, crude oil was slightly higher.

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

Nearly 6,500 contracts were traded. Prices in Canadian dollars per metric ton as of 8:39 CST:

Mar.  631.60  up  1.50

May   640.80  up  1.00

Jul.  647.90  up  1.20

Nov.  639.70  up  3.50