ICE canola futures: canola stronger Friday

By Marlo Glass, MarketsFarm
WINNIPEG, April 17 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were stronger on Friday morning, bouncing back from losses incurred yesterday.
Strength in Chicago soyoil contributed to gains for canola. Nearby contracts were up by about a tenth of a cent.
Relative strength to the Canadian dollar kept a lid on further gains for canola values. The Canadian dollar was around 71 U.S. cents on Friday morning.
About 2,000 canola contracts had traded as of 8:30 CDT.
Prices in Canadian dollars per metric ton at 8:30 CDT:
                          Price      Change
Canola      May 459.20 up 1.70
Jul 466.10 up 1.40
Nov 474.50 up 1.20
Jan 481.30 up 1.70
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