ICE Close: Canola Ends Losing Skid 


Canola futures ended higher for the first time in five sessions on Tuesday. 

Bargain buying helped to lift canola, after the market touched its lowest level since early spring on Monday. Gains in Chicago soybeans and soybean oil, along with European rapeseed, further underpinned canola. 

Advances in canola were limited by improving weather for the canola harvest, especially in the eastern Prairie where fieldwork has been stop-and-go. 

November was up $7.20 to $617.60, and January was $7.80 higher at $631.10. 




Source: DePutter Publishing Ltd.

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