Glacier FarmMedia – Canola futures on the Intercontinental Exchange were lower on Thursday morning despite strength from comparable oils.
European rapeseed and Malaysian palm oil were higher, while crude oil was up slightly as Russia-Ukraine ceasefire talks outweighed rising United States supplies. Chicago soyoil was not traded due to the U.S. Thanksgiving day holiday. All other U.S. markets were also closed today.
The Canadian dollar was steady compared to Wednesday’s close.
Nearly 7,500 contracts were traded. Prices in Canadian dollars per metric ton as of 8:38 CST:
Jan 647.20 dn 4.50
Mar 660.20 dn 4.80
May 670.30 dn 5.20
Jul 675.50 dn 5.30
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
