ICE canola futures: Prices stronger Thursday morning

By Marlo Glass, MarketsFarm
WINNIPEG, Sept. 3 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were slightly higher Thursday morning.
Other vegetable oils were stronger, which gave canola values a boost. Nearby soyoil contracts were up by a tenth of a cent in early morning trade, along with European rapeseed and Malaysian palm oil.
The loonie was slightly lower at around 76.3 United States cents this morning, which also provided support to values.
About 5,000 canola contracts had traded as of 8:50 CDT.
Prices in Canadian dollars per metric ton at 8:50 CDT:
                          Price      Change
Canola      Nov 503.90 up 0.40
Jan 511.50 up 0.50
Mar 518.00 up 1.10
May 523.00 up 1.30
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