Glacier FarmMedia | MarketsFarm – The ICE Futures canola market was higher Monday morning, seeing a continuation of last week’s gains.
Chicago soyoil was lower, European rapeseed was mixed and Malaysian palm oil was higher. Crude oil was up nearly US$1 per barrel despite concerns over tariff threats by United States President Donald Trump.
The Canadian dollar was down nearly two-tenths of a U.S. cent compared to Friday’s close.
Nearly 14,800 contracts were traded. Prices in Canadian dollars per metric ton as of 8:35 CST:
Mar. 659.80 up 3.00
May 667.20 up 2.70
Jul. 670.50 up 1.40
Nov. 647.10 unchanged
