ICE canola unchanged with weaker soybeans and loonie

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Published: June 11, 2018

By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, June 11, 2018 (CNS Canada) – ICE Futures
Canada canola contracts were largely unchanged Monday morning,
as weakness in Chicago Board of Trade (CBOT) was offset by
weakness in the Canadian dollar.
CBOT soybean markets were down as trade tensions continued
between the United States and China.
Growing conditions across the Prairies were mostly
favourable; however there are still areas that are of concern.
Uncertain trade issues for Canada are also still over
hanging following disagreements between Prime Minister Justin
Trudeau and United States President Donald Trump at the G7
summit over the weekend.
About 5,600 canola contracts had traded as of 8:58 CDT.

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