Glacier FarmMedia MarketsFarm – The ICE Futures canola market was on the positive side of unchanged on Friday morning after heavy losses on Thursday.
Chicago soyoil, European rapeseed and Malaysian palm oil were all lower to start the day. Crude oil also showed small losses despite declines in United States stockpiles.
The Canadian dollar was down less than one-tenth of a U.S. cent compared to Thursday’s close.
Roughly 9,600 contracts were traded. Prices in Canadian dollars per metric ton as of 8:40 CDT:
Jul. 600.10 up 0.70
Nov. 619.60 up 1.50
Jan. 625.80 up 1.40
Mar. 629.70 up 1.50
