ICE Canola Review: Canola mixed at close

By Ashley Robinson, Commodity News Service Canada
Winnipeg, Sep. 19 (CNS Canada) – The ICE Futures canola
platform was mixed at close Wednesday, taking support from
United States futures.
Chicago Board of Trade soybean, oil and meal contracts were
all higher, as trade war fears ebbed.
Statistics Canada released its updated production numbers
this morning, using satellite data. The report pegged canola
production at 21 million tonnes, which is sharply higher than
the previous estimate of 19.2 million.
Slow harvest progress in parts of Western Canada due to
cold weather was supportive for the canola market.
About 15,324 canola contracts traded, which compares with
Tuesday when 20,273 contracts changed hands. Spreading accounted
for 8,760 of the contracts traded.

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