By Dave Sims, Commodity News Service Canada
WINNIPEG, May 31 (CNS) – Canola contracts on the ICE Futures Canada platform were weaker in technical selling Thursday morning.
This week’s rain in Western Canada helped alleviate concerns over excess dryness in many areas.
Recent strength in the Canadian dollar was bearish for values.
Global trade uncertainties cast some uncertainty into the market.
However, gains in the U.S. soy complex helped limit the losses.
Prices in Canadian dollars per metric ton at 8:50 CDT:
