ICE canola higher Thursday morning

By Marlo Glass, MarketsFarm
WINNIPEG, Oct. 3 (MarketsFarm) – The ICE Futures canola market was higher on Thursday morning, supported mainly by a weaker Canadian dollar and persistent wet weather in the Canadian Prairies.
The Canadian dollar has been hovering around 75 U.S. cents for most of the week, and dipped below to 74.9 U.S. cents on Thursday morning, making canola exports comparatively more attractive.
Harvest activity remains delayed due to wet weather and snow in some areas.
About 5,000 canola contracts had traded as of 8:35 CDT.
Prices in Canadian dollars per metric ton at 8:35 CDT:
Price Change
Canola Nov 458.10 up 2.40
Jan 466.70 up 2.10
Mar 475.00 up 1.90
May 481.90 up 1.60

---

Newsletter Sign Up - Get access to essential information on Canada’s cattle industry daily.

One email delivered 6 days a week for ranchers, feedlots, packers and livestock sales operators.

Your Email(Required)

Your Postal Code(Required)

Consent

I consent to receiving emails from Glacier FarmMedia, its affiliates and divisions and third parties, containing agriculture news, updates and promotions. I can unsubscribe at any time

Email

This field is for validation purposes and should be left unchanged.