Canola futures ended modestly higher, with spillover support from gains by U.S. soybean and soy oil futures.
The gains by would likely have been larger if not for a weekly crop report from the government of Saskatchewan which indicated that crops in the province are generally late but have benefitted from a recent run of warmer, wetter weather.
In addition, dry areas of Manitoba have been getting timely precipitation this week.
November canola gained $1.40 to $447.20, January rose $1.60 to $454.50 and March was up $1.80 at $461.30.
Source: DePutter Publishing Ltd.
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