By Dave Sims, Commodity News Service Canada
WINNIPEG, February 12 (CNS) – Canola contracts on the ICE Futures Canada platform were stronger Monday morning, taking strength from gains in U.S. soybeans.
Advances in vegetable oil markets helped contribute to the upside.
Slow farmer sales and speculative buying were features of the morning’s activity.
However, this spring’s canola acreage is expected to be very large.
A lack of Chinese buying was casting a damper over export activity.
Prices in Canadian dollars per metric ton at 8:58 CST:
