Glacier FarmMedia | MarketsFarm – Canola futures on the Intercontinental Exchange showed small losses on Monday morning to go with mixed sentiment in comparable oils.
Chicago soyoil was higher to start the day, while European rapeseed and Malaysian palm oil were lower. Crude oil made substantial gains after the United States and the European Union struck a new trade deal over the weekend.
Thunderstorms brought rain to the Canadian Prairies during the weekend. The southern halves of Alberta and Saskatchewan are forecast to see more rains today.
The Canadian dollar was down more than one-tenth of a U.S. cent compared to Friday’s close.
Nearly 6,100 contracts were traded. Prices in Canadian dollars per metric ton as of 8:40 CDT:
Nov 700.00 dn 0.80
Jan 710.00 dn 0.40
Mar 716.20 dn 0.30
May 719.70 dn 1.20
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/
