ICE canola futures: Prices higher Monday morning

By Marlo Glass, MarketsFarm
WINNIPEG, Oct. 5 (MarketsFarm) – Intercontinental Exchange (ICE) Futures canola contracts were higher on Monday morning, in light trading activity.
Nearby Chicago soyoil contracts were up by about a third of a cent in early morning trade, contributing to the higher tone for canola.
Malaysian palm oil and European rapeseed were lower in early morning trade, which prevented further gains.
A firmer Canadian dollar tempered gains for canola, as it was around 75.3 United States cents.
About 1,300 canola contracts had traded as of 8:35 CDT.
Prices in Canadian dollars per metric ton at 8:35 CDT:
                          Price      Change
Canola      Nov 519.30 up 2.50
Jan 526.00 up 2.10
Mar 531.40 up 1.30
May 536.20 up 2.30
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