By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, June 22, 2018 (CNS Canada) – ICE Futures
Canada canola contracts were trading in a narrow range Friday
with most contracts higher.
Weakness in the Canadian dollar and gains for Chicago Board
of Trade soybeans were supportive for canola.
The majority of the North American crop is in good
condition, however there are areas of Western Canada that are
still on the drier side and in need of rain.
The July canola contract is slightly lower as it nears the
end of the month.
Palm oil is higher, while European rapeseed is steady to
slightly higher.
About 2,700 canola contracts had traded as of 8:41 CDT.
ICE canola trading mostly higher
Reading Time: < 1 minute