Further weakness in Chicago soybean oil futures pressured canola on Tuesday.
Soyoil fell for the fourth time in five sessions today, with European rapeseed also posting declines. On the other hand, palm oil was higher while the Canadian dollar was weaker.
Meaningful and widespread rain is forecast for the northeastern Prairies over the next week, with temperatures more moderate as well.
November canola lost $10.30 to $672.20, and January was down $9.60 at $684.20.
