Glacier FarmMedia MarketsFarm – The ICE Futures canola market was maintaining its downward slide going into the weekend despite stronger comparable oils.
Malaysian palm oil was up while European rapeseed was mostly higher. Crude oil continued to add onto its gains after bouncing back on Thursday. However, Chicago soyoil was lower.
The Canadian dollar was up nearly two-tenths of a United States cent compared to Thursday’s close.
Nearly 19,000 contracts were traded. Prices in Canadian dollars per metric ton as of 8:38 CST:
Jan. 645.40 dn 6.30
Mar. 657.90 dn 6.00
May 666.30 dn 5.50
Jul. 671.90 dn 5.60
