By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, June 26, 2018 (CNS Canada) – ICE Futures
Canada canola contracts were trading in a narrow range Monday
morning, with most trending to the lower side.
Chicago Board of Trade soybeans were also down, while
soyoil and meal contracts were up.
Monday saw headlines that the White House in the United
States is now saying it will stop Chinese companies from
investing in American firms. This added more gas to the
U.S./China trade war.
There is still optimism that the trade spat between the
U.S. and China will lead to more Canadian canola being bought.
Statistics Canada and the U.S. Department of Agriculture
are both expected to raise their respective predictions of
canola and soybean acres when they release their updated numbers
Friday.
About 2,300 canola contracts had traded as of 8:45 CDT.
ICE canola trading in narrow rage
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