WINNIPEG – The ICE Futures canola market saw some strength in the July contract on Monday morning while the deferreds had small losses.
European rapeseed was lower while Malaysian palm oil was mixed. Crude oil only had slight weakness on what will be a quiet day on the markets. Most United States markets are not trading today due to the Juneteenth holiday and will resume later tonight.
The Canadian dollar was steady compared to Friday’s close.
Nearly 6,400 canola contracts were traded. Prices in Canadian dollars per metric ton as of 8:40 CDT:
Jul. 736.80 up 3.50
Nov. 709.60 dn 0.80
Jan. 716.10 dn 1.20
Mar. 720.00 dn 3.50
