ICE canola futures: Prices lower on Tuesday morning

By Marlo Glass, MarketsFarm

WINNIPEG, Aug. 11 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Tuesday morning.

Declines in Chicago soyoil were a negative factor for canola prices. Nearby Chicago soyoil contracts were weaker by about two tenths of a cent in early morning trade.

Continued strength to the Canadian dollar also kept pressure on canola. The loonie was over 75 U.S. cents during early morning trade.

About 2,500 canola contracts had traded as of 8:35 CDT.

Prices in Canadian dollars per metric ton at 8:35 CDT:

                          Price      Change
Canola      Nov 486.40 dn 2.10
Jan 492.60 dn 1.80
Mar 496.50 dn 1.70
May 499.00 dn 2.00

END

Futures Prices as of August 11, 2020

Canola
Price Change
Milling Wheat
1970-01-01 00:00
Price Change
Durum
1970-01-01 00:00
Price Change
New Barley
1970-01-01 00:00
Price Change

Prices are in Canadian dollars per metric ton

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