Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange were higher on Tuesday morning, gaining strength from comparable oils.
Chicago soyoil and Malaysian palm oil made gains, while European rapeseed was lower. Crude oil continued its positive momentum after the United States and the European Union struck a new trade deal over the weekend.
Parts of southern Alberta and southern Saskatchewan will see rain showers today.
The Canadian dollar was down more than two-tenths of a U.S. cent compared to Monday’s close.
Nearly 10,200 contracts were traded. Prices in Canadian dollars per metric ton as of 8:38 CDT:
Nov 701.00 up 5.10
Jan 710.30 up 4.50
Mar 716.10 up 3.50
May 720.70 up 3.30
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
