By Marlo Glass, MarketsFarm
WINNIPEG, June 15 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were on either side of unchanged on Monday morning, due to conflicting influences from outside factors.
Weakness in Chicago soyoil contributed to the softer tone for canola, while slight losses in the Canadian dollar provided some support.
Planting activity is nearly complete across the Canadian Prairies.
About 5,000 canola contracts had traded as of 8:35 CDT.
Prices in Canadian dollars per metric ton at 8:35 CDT:
Price Change
Canola Jul 469.60 up 0.20
Nov 472.40 dn 0.40
Jan 479.20 dn 0.70
Mar 485.00 dn 0.90
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