Glacier FarmMedia MarketsFarm – The ICE Futures canola market made moves to the upside on Thursday morning amid mixed sentiment in comparable oils.
Chicago soyoil was higher, while European rapeseed traded in both sides of unchanged and Malaysian palm oil was lower. Crude oil also made slight gains.
The Canadian dollar was down less than one-tenth of a United States cent compared to Wednesday’s close.
Roughly 8,500 contracts were traded. Prices in Canadian dollars per metric ton as of 8:35 CDT:
Jul. 653.30 up 4.00
Nov. 674.20 up 4.90
Jan. 681.70 up 4.90
Mar. 688.60 up 5.20
