Canola futures fell for the first time in six sessions on Wednesday.
Profit taking was behind some of the downward pressure on the market, as was improving moisture conditions across much of Western Canada. Scattered showers are expected over the next week, which may delay planting in places, but also help to maintain soil moisture gains. The Chicago soy complex was weaker today, adding to the downside in canola.
July lost $10.40 to $656.70, November fell $8 to $673.40, and January was down $7.80 at $678.90.
