Canola futures on the Intercontinental Exchange were slightly lower on Monday morning amidst mixed sentiment in comparable oils.
Chicago soyoil was lower but European rapeseed and Malaysian palm oil were higher. Crude oil was down as traders await a meeting between United States President Donald Trump and Ukrainian President Volodymyr Zelenskyy with other European leaders later today.
Central parts of Alberta and Saskatchewan, as well as in southern Manitoba will see rain and thunderstorms on Monday. On the other hand, southern areas of Alberta and Saskatchewan will be hot and sunny.
The Canadian dollar was steady compared to Friday’s close.
Nearly 9,500 contracts were traded. Prices in Canadian dollars per metric ton as of 8:48 CDT:
Nov 658.30 dn 2.60
Jan 671.00 dn 1.70
Mar 681.10 dn 1.70
May 688.00 dn 3.70
To access the latest futures prices, go to https://www.producer.com/markets-futures-prices/