ICE canola down in morning trade

By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, July 25, 2018 (CNS Canada) – ICE Futures
Canada canola contracts were mostly lower Wednesday morning
Chicago Board of Trade soybeans and meal contracts were all
higher, while soy meal contracts were down.
Palm oil is also lower, while the European rapeseed market
is higher.
Spotty rains across Western Canada are leaving some of the
driest areas still bone dry, however the majority of crop
conditions are viewed as favourable across the Prairies.
The Canadian dollar is slightly stronger, trading roughly a
few hundredth of a cent higher than close on Tuesday.
About 2,400 canola contracts had traded as of 8:42 CDT
Wednesday morning.

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