ICE canola down in morning trade

By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, Oct. 23, 2018 (CNS Canada) – ICE Futures
canola contracts were weaker in morning trade.
Chicago Board of Trade soybeans, oil and meal contracts
were all down also. There are reports of quality deterioration
for the soybean crop as the harvest has resumed in the United
States.
There are reports of harvest progress across Western Canada
following warm and dry weather throughout last week and into the
weekend. The crop report from Manitoba released Monday showed
that the canola harvest there is nearing completion at 95 per
cent combined.
Global equity markets opened sharply lower, as geo-
political tensions over Saudi Arabia weighed markets.
About 5,300 canola contracts had traded as of 8:51 CDT
Tuesday morning.

---

Newsletter Sign Up - Stories about strategic business thinking and farming success

You'll receive profiles, case studies and strategy from modern farming in Canada, delivered to your inbox 6 days a week!

Your Email(Required)

Your Postal Code(Required)

Consent

I consent to receiving emails from Glacier FarmMedia, its affiliates and divisions and third parties, containing agriculture news, updates and promotions. I can unsubscribe at any time

Email

This field is for validation purposes and should be left unchanged.