ICE canola dropping with soybeans

By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, June 14, 2018 (CNS Canada) – ICE Futures
Canada canola contracts followed the Chicago Board of Trade
(CBOT) soybean markets down Thursday morning.
CBOT soybeans are still weaker today, following talk
yesterday that the United States would be implementing tariffs
on China this Friday.
The Canadian dollar was weaker, which was providing slight
support for the canola market.
There are ongoing dryness concerns about crops in southern
Alberta and southwestern Saskatchewan. Crop conditions across
most of North America otherwise are pretty good.
About 7,300 canola contracts had traded as of 8:43 CDT.

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