By Jade Markus, Commodity News Service Canada
WINNIPEG, September 30 – ICE Canada canola contracts were stronger in early activity on Friday.
Prices advanced with spill over strength from the Chicago Board of Trade soy oil market.
Strong crush activity further underpinned canola prices.
However, the market was feeling the bearish effects of gains in the Canadian dollar, which limited upside potential.
The loonie advanced against its US counterpart Friday morning, which pressures canola, as it makes the commodity less appealing to
international buyers.
About 919 canola contracts had traded as of 8:42 CDT.
Milling wheat, durum, and barley futures were all untraded and unchanged.
Prices in Canadian dollars per metric ton at 8:42 CDT:
