ICE canola down again in morning trade

By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, Oct. 24, 2018 (CNS Canada) – ICE Futures
canola contracts were weaker in morning trade, continuing with
their downward trend.
Chicago Board of Trade soybeans, oil and meal contracts
were all down also.
While the harvest has resumed across Western Canada and
progress has been made due to warmer and drier weather, rain is
forecast for later in the week.
The Canadian dollar was virtually unchanged this morning,
ahead of the latest Bank of Canada rate decision.
About 4,400 canola contracts had traded as of 8:45 CDT
Wednesday morning.

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