Glacier FarmMedia – Canola futures on the Intercontinental Exchange were slightly lower on Thursday, following the lead of most comparable oils.
Chicago soyoil and Malaysian palm oil were down, while European rapeseed was up. Crude oil also pulled back after Saudi Arabia cut its main oil price to Asia to its lowest level in 11 months.
The Canadian dollar was steady compared to Wednesday’s close.
Nearly 6,300 contracts were traded. Prices in Canadian dollars per metric ton as of 8:40 CST:
Jan 638.30 dn 2.10
Mar 649.70 dn 1.80
May 659.60 dn 1.70
Jul 666.40 dn 1.40
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
