By Marlo Glass, MarketsFarm
WINNIPEG, Oct. 9 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Friday morning.
Nearby Chicago soyoil contracts were up by over half of a cent in early morning trade, contributing to the higher tone for canola.
Strength in the Canadian dollar capped further gains for canola, as it was over 76 United States cents.
About 6,500 canola contracts had traded as of 8:40 CDT.
Prices in Canadian dollars per metric ton at 8:40 CDT:
Price Change
Canola Nov 526.50 up 3.70
Jan 533.50 up 4.00
Mar 539.60 up 4.00
May 541.70 up 3.50
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