ICE canola mixed Thursday morning

By Marlo Glass, MarketsFarm
WINNIPEG, Oct. 10 (MarketsFarm) – The ICE Futures canola market was narrowly mixed on Thursday morning, amidst quiet trading as markets wait for the World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA).
Snow has moved across the Prairies, stalling harvest activity and leaving a large percentage of the canola crop on the fields.
Soybeans and soy oil on the Chicago Board of Trade were slightly higher, tempering further losses for canola.
The Canadian dollar hovering around 75 U.S. cents on Thursday morning, which provided support for canola values.
About 2,800 canola contracts had traded as of 8:30 CDT.
Prices in Canadian dollars per metric ton at 8:30 CDT:
Price Change
Canola Nov 463.10 up 0.30
Jan 471.60 up 0.20
Mar 480.20 up 0.10
May 487.60 unch

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