By Marlo Glass, MarketsFarm
WINNIPEG, Feb. 21 (MarketsFarm) – The ICE Futures canola market
was slightly stronger at midday Friday.
A stronger tone for the soy complex on the Chicago Board of
Trade offered some direction to canola prices. Soybeans were
stronger even though soybean export sales were lower than trade
expectations.
The Canadian dollar was slightly stronger at 75.64 U.S. cents,
which failed to hold any influence over canola values.
About 17,500 canola contracts traded as of 10:30 CST.
Prices in Canadian dollars per metric tonne at 10:30 CST:
Price Change
Canola Mar 459.50 up 0.20
May 468.50 up 0.40
Jul 475.30 up 1.00
Nov 484.30 up 1.60
END
