Glacier FarmMedia MarketsFarm – After rebounding on Monday, the ICE Futures canola market eased back into the red on Tuesday.
Chicago soyoil and Malaysian palm oil were down, while European rapeseed was mostly lower. Crude oil was down approximately two United States dollars per barrel, despite an attack on a tanker in the Red Sea.
The Canadian dollar was down less than one-tenth of a U.S. cent compared to Monday’s close.
Nearly 12,100 contracts were traded. Prices in Canadian dollars per metric ton as of 8:36 CST:
Jan. 668.20 dn 4.90
Mar. 674.50 dn 5.10
May 681.80 dn 5.20
Jul. 686.90 dn 5.10
