Syngenta Farm

Effective Date: 7/29/2010
ICE Canada Review: US Soy Complex helps lift Canola Higher

Canola contracts were stronger Thursday, moving higher with help from the Chicago soy complex. November canola finished up $4.70 to $455.80. The January contract gained $3.70 to close at $457.30 Activity was on the quiet side in canola on Thursday, and the gains in Chicago soybeans were enough to take canola higher. Malaysian palm oil and European rapeseed futures were also stronger in overnight trade, lending some further spillover support to canola. Commercials were the noted buyers, with some commission house pricing also a supportive factor in the canola market, said market participants. Western barley futures were untraded on Thursday, but values were revised higher by ICE Futures Canada at the close. October Western Barley up $2.60 to$159.10. December up $2.60 to $159.10

	Source : DePutter Publishing Ltd.
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