ICE canola up as soybeans stabilize

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Published: June 20, 2018

By Ashley Robinson, Commodity News Service Canada
WINNIPEG, MB, June 20, 2018 (CNS Canada) – ICE Futures
Canada canola contracts were mostly higher Wednesday, as gains
in soybean contracts on the Chicago Board of Trade provided
support.
Soybean contracts stabilized in overnight trade; however
any new trade headlines could affect the market.
There are still some dry areas of concern in Western
Canada.
The Canadian dollar continued its downward spiral,
providing support for canola contracts.
About 6,400 canola contracts had traded as of 8:48 CDT.

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