Canola futures settled little changed on Thursday, with US markets closed for the American Thanksgiving holiday.
Without the larger US soy complex to provide direction, canola trade was quiet and volume low. US markets will reopen on Friday, albeit for a shortened trading session. Palm oil managed gains today while rapeseed was mixed. The Canadian dollar was firm. Weaker export demand and prohibitive anti-dumping duties on Chinese imports remain bearish influences for canola futures.
January canola slipped a dime to $651.60, and March lost 50 cents to $664.50.
