ICE canola higher with weaker loonie

By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, Sep. 27, 2018 (CNS Canada) – ICE Futures
canola contracts were mostly stronger in morning trade, as a
weaker Canadian dollar supported the market.
Chicago Board of Trade soybeans, oil and meal contracts
were all higher.
The United States Department of Agriculture will release
its quarterly stocks and small grains report tomorrow, but it is
not expected to move the markets much.
Wet and cold weather is still stalling harvest progress
across Western Canada.
About 2,900 canola contracts had traded as of 8:39 CDT
Thursday morning.

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